Ceylon Electricity Board (CEB) signed the Power Purchase Agreement (PPA) for the 350 MW Sahasdhanavi Combined Cycle Power Plant, which will be built, owned, and operated by Sahasdhanavi Limited. 

According to the CEB, the ownership of the power plant will be transferred to the CEB after 25 years, marking a significant milestone in Sri Lanka’s pursuit of reliable and affordable electricity for people.

The 350 MW Sahasdhanavi Combined Cycle Power Plant, approved by the Public Utilities Commission of Sri Lanka (PUCSL), will soon commence construction. It is expected to deliver electricity to the national grid within 30 months under Open Cycle operation, transitioning to full Combined Cycle operations after an additional 12 months.