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Sahasdhanavi stresses power plant's critical role in energy security, clarifies tariff concerns
The Island
|August 18, 2025
Sahasdhanavi Ltd has responded to recent debates regarding its power plant's levelised tariff, reaffirming the project's significance in Sri Lanka's energy stability as outlined in the government-approved Long-Term Generation Expansion Plan (LTGEP).
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In a press release issued recently, the company sought to clarify misconceptions and provide transparency on key aspects of the project.
According to the press release:
The 350 MW RLNG/Diesel power plant was awarded in 2021 through an International Competitive Bidding (ICB) process, with Sahasdhanavi submitting the lowest bid. After securing Cabinet and Public Utilities Commission of Sri Lanka (PUCSL) approval by December 2023, the project faced delays due to broader national circumstances.
Key benefits over intermittent renewables:
Unlike variable renewable energy sources, Sahasdhanavi's plant offers:
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