India’s Adani Green Energy Limited has received a green light from the Board of Investment of Sri Lanka (BOI) to construct two wind power plants in Mannar and Pooneryn, with a combined investment of USD 442 million.
The project will add 350 MW of clean electricity to the national grid within two years, according to the BOI. The Mannar wind power plant will operate at a capacity of 250 MW, while the Pooneryn wind power plant will operate at a capacity of 100 MW.
The BOI has confirmed that both wind power plants are slated to be commissioned by 2025, generating up to 1500-2000 new job opportunities in the process.
Earlier today, officials from Adani Group met with Sri Lankan Minister of Power and Energy Kanchana Wijesekara to discuss progress on the 500 MW Renewable Energy Project in Mannar and Pooneryn. Representatives from the Ministry of Power and Energy, Ceylon Electricity Board (CEB) and Sustainable Energy Authority also participated in the meeting.
This initiative marks a significant milestone for Adani Group and the renewable energy sector in Sri Lanka, providing impetus for the nation’s drive to transition to cleaner energy sources.