Cabinet approval for power purchase agreement with Adani Green Energy



Cabinet approval has been granted yesterday (May 06) to enter into a power purchase agreement with Adani Green Energy, says Minister of Power – Kanchana Wijesekara.

The 20-year agreement will see to the development of 484 MW of Wind power stations in Mannar and Poonaryn.

Taking to X, the minister further added, ‘the negotiated tariff rate of USD 0.0826 per kWh, is to be paid in LKR on the prevailing exchange rate at the time of payment. On the current exchange rate considered as, 1 USD = Rs 300, the cost of energy will be Rs 24.78 per kWh. The current average cost of energy in SL is Rs 39.02 per kWh.’


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