Sri Lanka to reach power purchase deal with Australia’s United Solar Group

Solar panel

(Photo credit: Pixabay)

Sri Lanka Government has granted approval for a proposal seeking to enter into a Power Purchase Agreement with United Solar Group in Australia.

Taking to X (formerly Twitter), Power & Energy Minister Kanchana Wijesekera said through this deal, an investment would be made in a 700 MW Solar Power Project with a 1,500 MW of Battery Energy Storage System.

“The Solar power project will be installed on the surface of the Poonakary Tank in the Kilinochchi District, with a Foreign Direct Investment of USD 1,727 Million,” Minister Wijesekera added.