PVMAGAZINE - Sri Lanka’s Ceylon Electricity Board has issued a tender for the construction of 60 PV power plants with a capacity of 1 MW each. Bids must be submitted by April 26.
Sri Lanka’s Ministry of Power and Renewable Energy and the Ceylon Electricity Board (CEB), which is the the country’s largest electricity provider, have issued a call for tenders for the construction of 60 PV plants with a capacity of 1 MW each on Build Own & Operate (BOO) basis.
The projects, which will be developed under phase II of the solar program PV ‘Soorya Bala Sangramaya’, will sell power to CEB under a 20-year PPA. Bids must be submitted by April 26.
The signing of the PPA must be made within 12 months of the date of issue of the letter of intent, while financial closure must be completed within six months of the signing of the PPA.
The CEB has set a price ceiling of LKR 18.37 ($0.121) per kWh for the tender.