Trincomalee Power Co. Ltd, a 50:50 JV company between NTPC and Ceylon Electricity Board, has finalized a landmark tariff for its 50 MW project under development in Sampoor, Trincomalee, Sri Lanka. It finalized a 5.97 US cents per unit tariff for the project after rounds of deliberations with various stakeholders in Sri Lanka. The project is extendable to 120 MW.
Sri Lanka’s president Anura Kumara Dissanayake, in a public meeting, reportedly confirmed that the final tariff for the Sampoor solar project has been set at 5.97 US cents per unit.
The finalized tariff structure ensures long-term energy security while aligning with Sri Lanka’s ambitious renewable energy goals.
“NTPC Ltd is actively pursuing international investments in the energy sector, with a focus on renewable energy (RE) projects, including solar, wind, and hybrid power. The Sampoor project aligns with NTPC’s vision of “becoming the world’s leading power company” and reflects NTPC’s commitment to driving sustainable energy solutions in key international markets,” stated NTPC.
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