CEB acquires 163 MW power plant from Sojitz Kelanitissa

The Ceylon Electricity Board announced that it acquired the 163 MW Combined Cycle Power Plant which was operated by Sojitz Kelanitissa (Pvt) Limited on 28th March 2023.

The acquiring process was initiated on the latter part of year 2022, in accordance with the terms and condition of the Power Purchase Agreement (PPA). 

Under the GOSL policy framework, CEB signed the PPA with Sojitz Kelanitissa (Pvt) Limited on June, 2000 as an Independent Power Producer (IPP) on BOOT basis.

The contract period was for 20 years and the power plant is located in Colombo Kelanitissa Power Plant complex.

The CEB owned 163 MW facility is compatible with LNG with some minor modifications and hence enables to reduce the current cost of generation when conversion takes place.