ECONOMYNEXT – Sri Lanka’s first tender for battery energy storage system (BESS) on a BOT basis had received strong interest from investors, with a large number of vendors using Chinese batteries, sources with knowledge of he matter said. Bids ranged from slightly below 2 million rupees to 3 million rupees per MegaWatt per month, the sources said. The CEB called expressions of interest for 160MW of battery energy systems at multiple locations as build operate own (BOO) projects to stabilize the grid and absorb more renewable energy. Some locations had got up to 17 bids making the tender very competitive, sources…
Sri Lanka BESS EOI gets competitive bids with Chinese batteries
Published in News
More from NewsMore posts in News »
- Restoration of Northern, Talaimannar railway lines begins
- Education reforms should suit the country, not the JVP: Namal
- Bride and groom among 8 killed in gas cylinder blast at Pakistan wedding
- Four arrested over alleged Grand Pass shooting plot
- Sri Lanka’s China-backed Hambantota Port eyes 2mn box capacity after 700-pct growth