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Cabinet approval for Power Purchase Project with Australian firm

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Cabinet approval has been granted to enter into a Power Purchase Agreement with United Solar Group of Australia to invest in a 700 MW Solar Power Project with a 1500 MWh Battery Energy Storage System.

This was announced in a X message by Power and Energy Minister Kanchana Wijesekera.

The Solar power project will be installed on the surface of the Poonakary Tank in the Killinochi District, with a Foreign Direct Investment of USD 1,727 Million, he added.

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