100 MW Wind-Solar Hybrid Energy Park
Pooneryn-Kilinochchi
Kilinochchi
LOCATION
~247 Acres
Land Extent
USD 168 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
Pooneryn is situated in the North of Sri Lanka, and the Pooneryn Wind Energy Park, with a capacity of 100 MW, is the First Phase of a Mega Renewable Energy Project with an envisaged contribution of approx. 400 MW to the national grid by project completion.
This is the second largest wind energy park in the country, and it first phase is to be combined with a 35km 132 kV transmission line from Kilinochchi to Pooneryn
- Operation period: 20 years
- The Global Horizontal Irradiance at location is approximately 2,000Wh/m2/year and the wind velocity is approximately 7.8 m/s proving high potential for wind and solar energy.
Project/ownership structure
Transmission line – Build and Transfer (Design will be provided by CEB) Wind power project – Build, Own, Operate and Transfer.
Project incentives:
Dividends to non-resident entities are exempt from income and withholding taxes
100% repatriation of capital and profits permitted
