100 MW Wind Power Project

Mannar

Mannar

LOCATION

260 Acres

Land Extent

USD 150 Mn

MINIMUM Investment

Project Owner

The Sri Lanka Sustainability Energy Authority (SLSEA), was established to drive energy efficiency throughout the country by proactively identifying sustainable energy resources that could generate energy in an effective, efficient and eco-friendly manner.

Project overview

Phase II of the Mannar Wind Energy Park, with a capacity of 100 MW, will be combined with a 5km 132 kV transmission line. The proposed wind farm will comprise state-of-the-art modern wind turbines with the required grid support features to facilitate a semi-dispatchable operation as done in the Phase I project by Ceylon Electricity Board. The proposed turbines are to be located 2 km away from the existing wind turbines.

  • Operation period: 20 years
  • This project will deliver 380-400 GWh per annum leading to 265,731 tonnes of CO2 by way of reducing thermal power generation
  • The calculated levelized cost of energy is US$ 0.046 per kWh, which is close to the cost of energy of the existing 100 MW wind farm operated by CEB.

Project/ownership structure

Build, Own, Operate and Transfer (BOOT)

Project incentives:

0% duty & taxes on imported project related items during the project implementation period
Benefits under Power Purchasing Agreement (PPA) by the Ceylon Electricity Board (CEB)

Dividends to non-resident entities are exempt from income and withholding taxes

100% repatriation of capital and profits permitted

Strategic location

This project will deliver 380-400 GWh per annum