ECONOMYNEXT – Sri Lanka energy firm WindForce said its wholly owned subsidiary, Diya Janani (Pvt) Ltd, has entered into a standard power purchase agreement (SPPA) with the Ceylon Electricity Board (CEB) to build a 6.5MWdc/5MWac floating solar power project on the Dambuluoya Reservoir. The project is estimated to cost 1,176 million rupees. “This project represents one of the first and largest floating solar development in the private sector in Sri Lanka,” the company said in a stock exchange filing. WindForce said its capital structure for the project is 80:20 debt to equity (from the project cost). (Colombo/Dec1/2025)
Sri Lanka WindForce subsidiary to build floating solar project
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