Rural Economic Development Project News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Dec 22, 2016 (LBO) – Sri Lanka’s first 10MW grid connected solar power project implemented by the private sector was commissioned on Wednesday, with DFCC Bank acting as lead financiers to the project.
Promoted by Sagasolar Power (Pvt) Ltd, the utility-scale power project located in Buruthankanda, Hambantota is expected to add 19GWh of clean energy to the national grid annually for upwards of 25 years.
“The successful commissioning of this project is thus a major milestone in the harnessing of Sri Lanka’s indigenous non-conventional renewable energy resources,” DFCC Bank said in a statement.
In financing this project, DFCC Bank partnered with Commercial Bank of Ceylon and Hatton National Bank as co-financiers, and with the European Investment Bank to source green funding. ....

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