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WindForce leases Sri Lanka SEA land for 100MW solar power project

ECONOMYNEXT – WindForce PLC said it had signed a 24-year land lease agreement for the Rividhanavi 100 MW solar power project with the Sri Lanka Sustainable Energy Authority. The total rental value for the full lease term is 50 million rupees, WindForce said in a stock exchange filing. The leased premises are located in Kotiyagala, Siyambalanduwa, within the Monaragala District. “With the execution of this agreement, all key project-related contracts including the Power Purchase Agreement (PPA), Implementation Agreement, and Transmission Development Contract have been successfully concluded.” It was signed on October 10. “Accordingly, the effective date of the Rividhanavi Solar…

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