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Sri Lanka awards $1.7 billion solar project to Australian firm
![IndiaTimes]()
Tuesday, 12 December 2023
Sri Lanka's government has approved plans to build the country's largest solar energy plant, a 700-megawatt facility in the Kilinochchi district, to address the power crisis caused by blackouts last year. The project, which will be financed by $1.7 billion in foreign direct investment, will be undertaken by Australia's United Solar Energy. In addition, India's Adani Group has received approval for a $442 million investment to construct a 350-megawatt wind power plant in the same district. These renewable energy initiatives aim to diversify Sri Lanka's grid and improve its energy security.
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Tuesday, 12 December 2023
