SL opens international bidding to build 18 grid substations to buy 152 MW solar power

Wednesday, 30 April 2025 00:00 - - {{hitsCtrl.values.hits}}

The Cabinet of Ministers on Monday approved allocating a solar generation capacity of 152 MW spread across 18 grid substations for development exclusively through international competitive bidding.

The 152MW capacity will be allocated exclusively through an open international competitive bidding process, ensuring transparency, quality and value for money.

“Requests for proposals (RFPs) will soon be issued, targeting project developers under a build-own-operate (BOO) model,” Cabinet Spokesman and Minister Dr. Nalinda Jayatissa said at the weekly post-Cabinet meeting media briefing yesterday.

He said the move is in recognition of recent shifts in national energy dynamics, including a slower-than-expected rise in overall electricity demand and a notable surge in rooftop solar installations. With rooftop solar rapidly gaining traction, the Government aims to optimise the country’s available grid capacity by inviting global developers to bid for ground-mounted solar projects.

The decision aligns with the Government’s ambitious long-term generation plan (2023–2042), which targets sourcing 70% of the country’s total electricity demand from renewable energy by 2030.

The proposal to this effect submitted by Power Minister Eng. Kumara Jayakody was approved by the Cabinet of Ministers.

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