Sri Lanka opens bidding for 90 MW of solar capacity

Sri Lanka’s Ceylon Electricity Board (CEB) wants to add 90 MWp of small-scale renewable energy capacity for which it launched a competitive bidding on Thursday.

The electricity company issued a request for proposals (RfPs) for 90 projects of 1 MWp each, to be awarded under the build-own-operate (BOO) model. The winners in the tender will be responsible for the design, supply, delivery, erection, testing, commissioning, and operation and maintenance of the photovoltaic (PV) plants. They will sign 20-year power purchase agreements (PPAs) with National Grid.

Participants in the tender will have to propose tariffs below LKR 18.37 (USD 0.119/EUR 0.096) per kWh, which has been set as the cap. Bidding will be open until March 23, 2018.

The tender is held under the second phase of Sri Lanka’s Suryabala Sangramaya programme, or Battle for Solar Energy, targeting 200 MW of rooftop solar power capacity by 2020 and 1,000 MW by 2025. CEB and Sri Lanka’s Cabinet of Ministers approved the RfP in October 2017.

(LKR 100 = USD 0.650/EUR 0.522)

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