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Sakura Solar – 1

Sakura Solar – 1

  • A ground-mounted solar project with a capacity of 10MW located on a Land Extent of 22 acres.
  • The project has secured land clearance and Provisional Approval for the project.
  • The total Capital Cost required is USD 9 Million as estimated, gearing 40% to be acquired at a competitive interest rate.
  • The starting tariff is LKR 15.6/kWh which is likely to be increased.
  • The project has a payback period of 6 to 7 years with an estimated income per year of USD 1.2 Million.
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    LOCATION : Mantive, Puttalam, Sri Lanka
    SECTOR : Renewable Energy
    PROJECT VALUE : USD 9 Mn
    INVESTMENT TYPE : Equity Investment
    RETURN ON INVESTMENT : -
    INTERNAL RATE OF RETURN : 15%
    ACCOUNTING RATE OF RETURN : -
    OPPORTUNITY CODE : VBS/OP/01072022/1229/X_1

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