CSE: VPEL.N0000 2026-03-31 at LKR 14.80
Vallibel Power Erathna PLC has officially signed a Standardized Power Purchase Agreement (SPPA) with the Ceylon Electricity Board (CEB) on 11th September 2024 for the development of a 10 MWac Ground Mounted Solar Photovoltaic (PV) Project at Dolahena Estate, Matara.
This landmark project, backed by an estimated investment of Rs. 2.0 billion, will supply renewable energy to the National Grid over a period of 20 years. Once operational, it is expected to generate between 18 GWh to 20 GWh of clean electricity annually, contributing significantly to Sri Lanka’s renewable energy targets.
