- Published: 26 October 2017 26 October 2017
The Asian Development Bank’s (ADB) Board of Directors has approved a loan of US$ 200 million with sovereign guarantee for Ceylon Electricity Board to develop Sri Lanka’s first 100MW wind park.
Besides the wind farm, to be constructed on Mannar Island in Northern Province, the project will provide the associated infrastructure, such as internal cabling and access roads, energy dispatch control center, and reactors to manage voltage levels. The Ceylon Electricity Board will provide US$ 56.7 million toward the total project cost of US$ 256.7 million. The estimated completion date for the project is the end of 2021.