Ceylon Electricity Board (CEB) has invited expression of interest for the development of 90 solar projects with Build Own & Operate (BOO) basis. The solar projects will have a capacity of 1 MW each. The solar projects will enter into a Power Purchase Agreement (PPA) with the CEB for 20 years beginning from the date of commercial operation of the projects. According to the Board, the bidders will be required to design, finance, procure, construct, commission, operate and maintain the PV project, procure or lease the land requirements for the project and bear the entire cost of interconnection of the PV project to the interconnection point, including the costs of power transmission line, transformers, protection and metering from the point of generation to the interconnection point.
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