In a significant move to boost Sri Lanka’s energy capacity, the Ceylon Electricity Board (CEB) has signed a Power Purchase Agreement (PPA) for the construction of the Sahasdanavi Power Plant, a 350 megawatt (MW) combined cycle facility.
The plant will be developed, owned, and operated by Sahasdanavi Company Limited, with ownership set to transfer to the CEB after 25 years as per the agreement terms.
Approved by the Public Utilities Commission of Sri Lanka (PUCSL), the project aims to improve electricity reliability and affordability across both residential and commercial sectors.
Construction is scheduled to begin shortly, with electricity expected to be supplied to the national grid in open cycle mode within 30 months. Full combined cycle operations are planned to begin 12 months after the initial phase.
The new plant is a key part of the government’s broader strategy to strengthen energy security and meet growing power demands.
