Be the First to Know

lanka matrimony

Wind Power Plant for Mannar Grid Substation

0 5

Cabinet approval has been granted to construct a wind power plant for the Mannar Grid Substation, said Cabinet Spokesman Mass Media Minister Dr. Bandula Gunawardhana said at the weekly Cabinet media briefing held yesterday at the Government Information Department.

Cabinet Approval was granted on October 20, 2020 for the implementation of a project to increase electricity generation by installing six additional turbines for US$ 47 million, under Asian Development Bank (ADB) funds, to operate a wind power station on Mannar island.

However, ADB funds cannot be utilised until the Government’s foreign debt restructuring programme is implemented.  Accordingly, Cabinet approved the proposal made by the Minister of Power and Energy to implement the project on a Build, Own and Operate (BOO) base with private sector investors selected on a competitive basis, with an operational period of 20 years.

The post Wind Power Plant for Mannar Grid Substation appeared first on DailyNews.

Leave A Reply

Your email address will not be published.