Sri Lanka’s Reset
Sri Lanka has taken a decisive step toward reshaping its political and economic trajectory.
Sri Lanka Cabinet approved a proposal to select investors through a competitive bidding process to develop floating solar power plants in three reservoirs, according to the government’s information department on Saturday.
The department said the government had given priority to developing floating solar power projects on reservoirs to increase renewable power generation.
Three main reservoirs – Randenigala, Moragahakanda and Kalawewa – have been identified by the Sri Lanka Mahaweli authority to develop such projects, Xinhua news agency reported.
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The Ceylon electricity board has been assigned the selection of investors under the competitive procurement procedure according to the Cabinet proposal, the department said, adding that the feasibility study had already been done.
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