In a significant move, the Cabinet approved a Power Purchase Agreement with the United Solar Group of Australia for a groundbreaking venture – a 700 MW Solar Power Project accompanied by a substantial 1500 MWh Battery Energy Storage System. This ambitious initiative, set to be situated on the Poonakary Tank in the Killinochi District, reflects a noteworthy Foreign Direct Investment of USD 1,727 Million.
The project marks a stride toward sustainable energy solutions, emphasizing the nation’s commitment to a greener future.
