Business
Power purchase agreement signed for 10MW solar project by Apollo
The Ministry of Power and Energy entered into a Power Purchase Agreement (PPA) for the project Apollo, between Ceylon Energy Pte Ltd and the Ceylon Electricity Board.
This agreement is for the construction of a ground-mounted solar plant with a generating capacity of 10MW. Ceylon Energy Pte Ltd, stands at the forefront of this initiative. With a commitment to sustainable energy, Ceylon Energy Pte Ltd’s Chairman, Madusanka Fernando, attended the ceremony along with Gratian Muththukudaarachchi, General Manager. Representing the international collaboration, Cai Weifeng, a representative from Quigdao Hujintong Power Equipment Co. Ltd., (HJT) China- an equity partner of the project was also present.