CEB gets ADB funding for 100MW wind farm

ECONOMYNEXT -The Ceylon Electricity Board (CEB) has secured funding from the Asian Development Bank for a 100 MegaWatt wind farm in the north western district of Mannar, Deputy Power Minister Ajith Perera said.

He said tenders to build the plant are expected to be floated in the next two months, Perera told parliament.

The Mannar location was estimated to be able to generate 375 MW of wind power.

The balance 275 MW will be developed with private capital.

These will be awarded by competitive tender, Perera told parliament.

Competitive tenders had already brought down the cost of wind power from over 19 rupees to 12.29 in Jaffna he said.

"Everyone said this could not be done," Perera said.

Sri Lanka’s so-called ‘renewable energy mafia’ had lobbied the power regulator to adopt cost plus formulae and presented various arguments to push up renewable feed it tariffs, critics say.

There has been resistance to bureaucratically set criteria sending tariffs up each year, while technological developments, and wider adoption brought costs down in the rest of the world.

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