{"id":84006,"date":"2024-05-10T00:18:19","date_gmt":"2024-05-10T04:18:19","guid":{"rendered":"https:\/\/dbsjeyaraj.com\/dbsj\/?p=84006"},"modified":"2024-05-10T02:21:51","modified_gmt":"2024-05-10T06:21:51","slug":"84006","status":"publish","type":"post","link":"https:\/\/dbsjeyaraj.com\/dbsj\/?p=84006","title":{"rendered":"Sri Lanka to Purchase Power at 8.26 cents per kWh from India\u2019s Adani Green Energy which will generate 484 MW Power Annually from a 442 $ millon wind power project at Mannar and Pooneryn in the Island\u2019s Northern Province"},"content":{"rendered":"


\nBy
\nMeera Srinivasan<\/strong><\/p>\n

Sri Lanka has agreed to purchase power at $0.0826, or 8.26 cents, per kWh from Adani Green Energy, which is executing a wind power project in Mannar and Pooneryn in the island\u2019s Northern Province.<\/p>\n

The country\u2019s Cabinet cleared a proposal on Monday for a 20-year power purchase agreement with Adani Green Energy for the development of wind power stations to produce 484 MW of power. \u201cOn the current exchange rate considered as 1 $ = [Sri Lankan] \u20b9300, the cost of energy will be \u20b924.78 per kWh,\u201d Minister of Power and Energy Kanchana Wijesekera said on social media platform \u2018X\u2019 on Tuesday. \u201cThe current average cost of energy in SL is \u20b939.02 per kWh,\u201d he added.<\/p>\n

While Sri Lanka would pay in Sri Lankan Rupees, based on the prevailing exchange rate at the time of payment, according to the minister, details of clauses on possible revisions in rates were awaited.<\/p>\n

<\/p>\n

Sri Lanka generates about 4,200 MW of power a year, and authorities have pledged to add another 2,800 MW to the national grid through renewable energy sources over the next three years. In 25 years, the island nation aims to generate 100 % of its energy through renewable energy.<\/p>\n

The $442-million wind power plant in northern Sri Lanka is the Adani Group\u2019s second major investment in Sri Lanka, after its $700 million investment in the West Container Terminal at the strategic Colombo port.<\/p>\n

The proposed renewable energy plant in the Northern Province earlier sparked controversy over the process followed by Colombo to select the company. More recently, residents of Mannar and environmentalists voiced apprehensions that the project could adversely impact biodiversity and local livelihoods in the area. Authorities and Adani Green, in turn, said they had factored in environmental considerations before finalising the project.
\nApart from the partnership in green energy, India and Sri Lanka are exploring setting up high-capacity power grid interconnection between the countries. <\/p>\n

In February, the India \u2013 Sri Lanka Joint Working Group (JWG) for cooperation in the Power sector met in Colombo for its 5th round of discussions. A proposal to link Anuradhapura in Sri Lanka\u2019s North Central Province and Chennai. through land cables and undersea transmission, is under discussion.<\/p>\n

Courtesy:The Hindu<\/em><\/p>\n

Tweet<\/a><\/div>","protected":false},"excerpt":{"rendered":"

By Meera Srinivasan Sri Lanka has agreed to purchase power at $0.0826, or 8.26 cents, per kWh from Adani Green Energy, which is executing a wind power project in Mannar and Pooneryn in the island\u2019s Northern Province. The country\u2019s Cabinet cleared a proposal on Monday for a 20-year power purchase agreement with Adani Green Energy …<\/p>\n

Continue reading ‘Sri Lanka to Purchase Power at 8.26 cents per kWh from India\u2019s Adani Green Energy which will generate 484 MW Power Annually from a 442 $ millon wind power project at Mannar and Pooneryn in the Island\u2019s Northern Province’ »<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[12],"tags":[],"_links":{"self":[{"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=\/wp\/v2\/posts\/84006"}],"collection":[{"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=84006"}],"version-history":[{"count":4,"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=\/wp\/v2\/posts\/84006\/revisions"}],"predecessor-version":[{"id":84010,"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=\/wp\/v2\/posts\/84006\/revisions\/84010"}],"wp:attachment":[{"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=84006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=84006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=84006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}