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Project news2 months ago

The Hambantota 150 MW Solar PV Project has officially rejected allegations published in a recent media report concerning company registration, environmental compliance, and land use near the Hambantota Managed Elephant Reserve. In a formal response, the project group stated that all claims made against the development are false, misleading, and damaging to the reputation of the investors and companies involved.

Project Management2 months ago

I guess most of us grew up enjoying the stories of Sherlock Holmes. We wanted to solve puzzles just like him. The iconic cap, the cherry-wood pipe, and the trench coat were never really our fashion symbols, but the way he thinks, the way he works, and the way he explains things were always qualities we wanted to admire and emulate.

Project news2 months ago

Work is scheduled to begin on six priority development projects in Sri Lanka’s Eastern Province under the framework Memorandum of Understanding on Indian Multi-Sectoral Grant Assistance. The initiative was agreed during the April 2025 state visit of Narendra Modi to Sri Lanka and aims to support socio-economic development across the region.

Project news2 months ago

The International Finance Corporation has partnered with WindForce PLC to develop Sri Lanka’s first utility-scale 100 MW solar power project. This landmark initiative aims to accelerate the country’s transition to renewable energy, strengthen energy security, and reduce electricity costs while supporting economic recovery. The project is expected to generate approximately 220 GWh of clean electricity annually, contributing to Sri Lanka’s target of achieving 50–70% renewable energy in its power mix by 2030. It will also enhance grid reliability and create over 3,000 jobs across construction, technical, and operational sectors. The IFC is investing up to US$18 million through a local currency loan, with additional support to improve engineering, maintenance, sustainability, and grid resilience capabilities. Aligned with the World Bank Group’s broader energy strategy, the project will help reduce reliance on imported fuel and promote long-term infrastructure development. It complements ongoing initiatives to strengthen transmission systems and institutional capacity, positioning Sri Lanka to expand solar power and future battery storage solutions while building a more resilient and cost-effective energy sector.

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