BOI approval granted for two wind power plants by India’s Adani Group
Posted by Editor on February 22, 2023 - 9:30 am
The Board of Investment of Sri Lanka (BOI) has issued a letter of approval to India’s Adani Green Energy Limited for the two wind power plants to be set up in Mannar and Pooneryn at a total investment of USD 442 million.
The project will add 350 MW of electricity to the national grid within two years, the BOI said.
Thus, the wind power plant in Mannar will operate at a capacity of 250 MW while the wind power plant in Pooneryn will operate at a capacity of 100 MW.
The two wind power plants of 350 MW are scheduled to be commissioned in two years and accordingly, they will be added to the national grid by 2025, the BOI mentioned.
Furthermore, the new project will generate 1500 – 2000 new employment opportunities.
Latest Headlines in Sri Lanka
- IGP Deshabandu Tennakoon’s assets to be frozen if he evades court – Minister March 9, 2025
- Sri Lanka to introduce low-priced alcohol to curb illicit liquor consumption March 9, 2025
- Oddusuddan Tile Factory reopens after 35 years March 9, 2025
- Elephant Pass salt factory to be opened to the public on March 26, 2025 March 9, 2025
- Sri Lanka’s Public Finance Committee approves excise duty hike on liquor March 8, 2025
