Ministry accelerates signing MOU with Adani Group for wind power plant in Mannar: Charitha Herath

8 November 2023 10:30 pm - 12 - {{hitsCtrl.values.hits}}

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COLOMBO (Daily Mirror) - According to reports, the Power and Energy Ministry is expediting the signing of documents for a Memorandum of Understandings (MOUs) with India's Adani Group to establish a new wind power plant in the Mannar basin with a capacity of 250 MW, Sri Lanka Podujana Peramuna (SLPP) MP Prof. Charitha Herath said.

Addressing the media, he said the Ministry is ready to complete the signing of all agreements before November 25.

According to the 2009 Electricity Act, a bit of a process should be followed for local generation of electricity by any private company. But this process was not followed for projects conducted between two governments (government to government - G to G).

MP Herath said the current government is trying to sign all agreements while putting India's Adani Group into the act to pretend that the project is run between Sri Lanka and India.

He said the groups, including the Ceylon Electricity Board (CEB) chairman and General Managers, are in a hurry to complete all agreements before passing the new Electricity Act. These people are trying to give this project an unsolicited proposal.

After completing the project, the responsible groups are trying to sell one unit of wind power-generated electricity for Rs. 46, and these people are trying to sign this agreement for 30 years.

Meanwhile, fixing three new transformers at the Nadukuda Grid Substation was attached to the said project.

The agreement signing process has been boosted these days, other than those mentioned in the agreements.

It has been estimated to sell one unit of electricity, which is currently being generating from Pooneryn Wind-Solar Hybrid Energy Park, at Rs.46. A total of 234 MW of electricity is generated from the Pooneryn wind-solar power plant.

The agreements on all other electricity generation projects were signed for twenty years, but the projects under India's Adani Group were signed for thirty years.

The officials at the Power and Energy Ministry and the CEB were requested to make a note that they were forced to make this agreement with any of the higher officials, such as ministers, because there would be a definitive investigation over this issue by the next incoming government, Prof. Herath claimed.

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Comments - 12

Ganesh Wednesday, 08 November 2023 10:59 PM

Only wind energy we received was the gases emanating from your orifices.

UAli Thursday, 09 November 2023 12:11 AM

Within another couple of months, would be a an election for selecting a president with people’s mandate,good any company better wait till then for safety of their valuable capital

City Thursday, 09 November 2023 05:48 AM

Viyath Maga... you guys mislead GR , now what are you crying for.....

Christo255 Thursday, 09 November 2023 05:51 AM

If some one does it its wrong, if someone doesn't do it it's wrong. When will viyath maga pandithayas who brought the country to its knees under gota, learn to shut up and help the country to prosper

Rishan Thursday, 09 November 2023 06:28 AM

May be with foreign company SL is receiving foreign exchange for the investment they make ... But further negotiation can bring down the unit rate .

Sambo Thursday, 09 November 2023 07:19 AM

They have a few months more to earn so they are selling what ever they can ASAP but they will have to face the law once kicked out.

jimbo Thursday, 09 November 2023 08:05 AM

Pot calling the kettle black.

Liberal One Thursday, 09 November 2023 08:11 AM

The Government's job is to expedite private investments. Are these guys living in the stone age?

CitizenP Thursday, 09 November 2023 09:53 AM

Can't we have a local company to establish a wind power plant.

mahesh Thursday, 09 November 2023 11:44 AM

Negotiation is important . We have to think how much we could save by reducing diesel generation. definitely it will be huge saving in terms of foreign currency and cost reduction to the consumers

Chris Thursday, 09 November 2023 12:48 PM

Prof Herath, You should be happy if govt departments work fast on new investments. If you are capable to get another investor to set up a plant with buying price cheaper, then please do so. If not dont disrupt the power generation journey like how the JVP disrupted Sampur by bribing the CEB engineers. A country will stagnate if power supply does not cater to demand.

Arnold Thursday, 09 November 2023 03:11 PM

This should be done with local investors. In the future, we will have to pay Adani in dollars for every unit of current we use.

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Ministry accelerates signing MOU with Adani Group for wind power plant in Mannar: Charitha Herath

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