Sri Lanka President Anura Dissanayake has inaugurated the construction of a 100MW solar power plant worth 140 million US dollars, marking a significant step in the country’s renewable energy push.
Anura Dissanayake flags off 100MW renewable energy project
Sri Lanka President Anura Dissanayake officially launched work on a 100MW solar power project valued at 140 million US dollars, according to a statement from his office. The plant, expected to generate around 219 gigawatt hours annually with a 25 percent plant factor, will contribute to strengthening the nation’s energy security.
The project spans 500 acres in the Kotiyagala Grama Niladhari Division under the Siyambalanduwa Divisional Secretariat in Monaragala District. According to Sri Lanka Sustainable Energy Authority Chairman Wijendra Bandara, the Presidential Secretariat coordinated closely with multiple state agencies to secure 12 approvals within six to nine months. Bandara added that a more streamlined approval process is being considered to encourage future investment in renewable projects.
Although approved in 2023 during the previous administration, when material costs were higher due to the economic crisis, the solar power project is moving forward under the current government’s commitment to renewable energy development. Historically, Sri Lanka’s energy sector has faced setbacks from inconsistent policies and projects halted by changing administrations.
Energy Minister Kumara Jayakody said the new solar farm will enhance Sri Lanka’s energy security while also highlighting the government’s practical support for investors. He emphasized that renewable energy investments are essential not only for sustainability but also for long-term economic stability.
The launch of the 100MW solar plant underscores Sri Lanka’s broader strategy to diversify its energy mix, reduce reliance on fossil fuels, and promote renewable energy solutions as part of national development goals.