- Last Update 2024-07-17 16:41:00
India and Sri Lanka to ink Sampur solar power project accord
Sri Lanka is to sign a joint venture shareholders agreement with India later this evening (Friday) to launch the Solar Energy project in Sampur, Trincomalee.
The Ceylon Electricity Board (CEB) and the National Thermal Power Corporation in India (NTPC) will be the signatories for the agreement, a senior official of the CEB confirmed.
Indian energy conglomerate NTPC Ltd in a Private-Public Partnership (PPP) has already agreed to establish the new solar park in Sampur in Sri Lanka’s Eastern Province, he disclosed.
It will be built on land that was already leased to the company a few years prior for a coal power plant, which was rejected by the previous Government.
NTPC Ltd. is India’s largest power generation utility, with an overall power generation of 60,000 MW in India.
The new solar power park being planned is to be implemented under the guidance of the International Solar Alliance. (Bandula)
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