NTPC-CEB JV Secures Tariff Deal For Sri Lanka’s Largest Solar PV Project

Representational image. Credit: Canva

NTPC Limited and the Ceylon Electricity Board (CEB) have partnered to develop a solar project in Sampoor, Trincomalee, Sri Lanka, through their joint venture, Trincomalee Power Company Limited (TPCL). This 50 MW solar plant, expandable to 120 MW, has reached a significant milestone with the finalization of its tariff after discussions with various stakeholders in Sri Lanka. Sri Lanka’s President, Mr. Anura Kumara Dissanayake, recently announced that the approved tariff for the Sampoor Solar Project is set at 5.97 US cents per unit.

This project is a key step in diversifying Sri Lanka’s energy mix, boosting clean energy capacity, and reducing dependence on fossil fuels. The agreed tariff ensures long-term energy security and supports Sri Lanka’s renewable energy targets. As a flagship renewable energy initiative, the Sampoor Solar Project highlights the country’s commitment to a greener future. NTPC Limited continues to expand its global footprint in renewable energy, focusing on solar, wind, and hybrid projects. The Sampoor project aligns with NTPC’s vision of becoming a leading global power company and its mission to promote sustainable energy solutions worldwide.

 

  • Related Posts

    Indian Green Energy Stocks Show Mixed Performance As Sensex And Nifty End Higher On June 24

    Professionals analyze rising trends in Indian green energy stocks in a modern office. The Indian stock market ended on a positive note on June 24, 2026, with both benchmark indices…

    Week in South East Asia: Meralco-MGEN Eye 2.5 GW RE Project; Novva Buys 120 MWp Solar Asset; TotalEnergies ENEOS Expands Rooftop Solar and More…

    Representational image. Credit: Canva Meralco PowerGen Corporation (MGEN), Meralco, and Vietnam-based VinEnergo have signed an agreement to explore a 2.5 GW renewable energy project in the Philippines. The proposed development…

    Have You Seen?

    CarbonX CO2 electrolysis prize fund winner plots scale up timelines

    • June 24, 2026
    CarbonX CO2 electrolysis prize fund winner plots scale up timelines

    ITM, Gore eye 80,000-hour PEM life with ultra-thin membrane

    • June 24, 2026
    ITM, Gore eye 80,000-hour PEM life with ultra-thin membrane

    Analysis: Will Australia become a force in helium?

    • June 24, 2026
    Analysis: Will Australia become a force in helium?

    US Crude Oil Inventories Continue To Falter, SPR Struggling To Pick Up the Slack

    • June 24, 2026
    US Crude Oil Inventories Continue To Falter, SPR Struggling To Pick Up the Slack

    Trump Orders Gas Price Gouging Probe

    • June 24, 2026
    Trump Orders Gas Price Gouging Probe

    Malaysian Major Makes Gas Discovery in Suriname

    • June 24, 2026
    Malaysian Major Makes Gas Discovery in Suriname

    Qatar Says LNG Exports Could Return to Normal Within Weeks

    • June 24, 2026
    Qatar Says LNG Exports Could Return to Normal Within Weeks

    India Cuts Coal Imports as Power Plants Turn to Domestic Fuel

    • June 24, 2026
    India Cuts Coal Imports as Power Plants Turn to Domestic Fuel

    China’s Teapot Refineries Cut Operations to Their Lowest Level Since 2017

    • June 24, 2026
    China’s Teapot Refineries Cut Operations to Their Lowest Level Since 2017

    Qatar to resume LNG production within weeks, says Prime Minister

    • June 24, 2026
    Qatar to resume LNG production within weeks, says Prime Minister