The document presents an investment proposal for a 100MW solar power project in Trincomalee, Sri Lanka, a region with optimal sunlight conditions. Key points include: Project Overview: The project will be developed in two phases, each generating 50MW, on 295 acres of government-leased land. Necessary permits and approvals are already secured. Investment Details: The investor is responsible for equipment and construction, with an anticipated tariff of USD 0.08 per kWh under a Power Purchase Agreement (PPA). Initial licensing and consultancy costs amount to USD 7 million. Market Context: Sri Lanka aims for 100% renewable energy by 2050, supported by favorable government policies and incentives. Revenue and Financial Projections: With daily energy production at 600,000 kWh, the project’s annual revenue is projected at approximately USD 17.5 million. Risks and Mitigations: The proposal addresses risks related to grid connectivity, regulatory policies, and tariff fluctuations, with mitigations like phased project implementation and carbon credit revenue opportunities. Strategic and Environmental Impact: The project aligns with Sri Lanka’s green energy goals, offering investors a role in the country’s renewable transition and potential returns from carbon offsets. Overall, this investment provides both financial returns and environmental benefits by supporting Sri Lanka’s shift toward sustainable energy.SOLARPOWER100MWOCTSL
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