NTPC has partnered with Sri Lanka for a significant solar project.

Banking & Finance

In January 2025, NTPC Limited (based in New Delhi, formerly known as National Thermal Power Corporation) partnered with the Ceylon Electricity Board of Sri Lanka to develop a 50 Megawatt (MW) solar project in Sampoor, Trincomalee, Sri Lanka. This project can be expanded to 120 MW.


      - The solar facility in Sampoor will be set up by Trincomalee Power Company Limited (TPCL), a joint venture (JV) between NTPC Limited and the Ceylon Electricity Board.

     

     

Main Point :-   (i) After discussions with various stakeholders in Sri Lanka, the tariff for the project has been set at 5.97 US cents per unit.

      (ii)This solar project will help diversify Sri Lanka’s energy mix, increasing its clean energy capacity and reducing dependence on fossil fuels.

(iii) With this project, NTPC, India’s top power generation company under the Ministry of Power (MoP), is taking a big step towards promoting sustainable energy and strengthening regional cooperation.

          ____________________________