Opportunity Sri Lanka | » Sino Lanka Power Gen to set up solar PV system at Sri lanka’s Taprobane Seafood plant
Sino Lanka Power Gen to set up solar PV system at Sri lanka’s Taprobane Seafood plant

Sino Lanka Power Gen to set up solar PV system at Sri lanka’s Taprobane Seafood plant

Sri Lanka’s Sino Lanka Power Gen has announced its partnership with another local company, Taprobane Seafood, to supply and install a one-megawatt solar photovoltaic (PV) system at their plant in Dankotuwa. This is the first of a two-phased project with the second megawatt to be installed in two years and the collaboration is to result in a 19,000 ton reduction in Taprobane’s carbon footprint over 20 years, according to local media reports.
“Combating climate change has become critical and we are delighted to team up with Taprobane Seafood to be a part of their solar expansion strategy,” Sino Lanka Power Gen Director Dhiren Kundanmal has been quoted as saying in the Daily FT.

“We are honoured that Taprobane Seafood, being a conscientious brand aiming to reduce its carbon footprint, is looking towards us as a working partner in this area. Our approach is fivefold i.e., improve yields and plant performance, reduce downtime, holistic monitoring, skill transfer, and finally minimising their liability and risk.”
Commenting on the partnership, Taprobane’s Managing Director Timothy O’Reilly has reportedly said that Taprobane Seafood has always been at the forefront of ethical labour practices, sustainable development, and earth friendly practices. “Shifting to solar energy is an important step in our sustainability journey and we believe Sino Lanka is the right partner for us given their expertise in the renewable energy industry,” he has observed.
Established in 2010, the Taprobane Seafood Group is Sri Lanka’s leading seafood company with over 1500 direct employees in 11 processing facilities throughout the North-Western and Northern Province. With high quality standards, social responsibility, and sustainability values, Taprobane’s vision is to be the global leader in sustainable and socially responsible seafood.

Sino Lanka Power Gen provides state-of-the-art equipment, capable of withstanding harsh tropical environments, utilising the latest technology from Canadian Solar and SunPower, alongside Tier 1 purpose-built inverters. The company adopts the latest industry trends -namely IoT, big data, and AI- to ensure their systems perform optimally for well over 20 years.
According to reports, Sino Lanka Power Gen’s vision is to support the Government’s initiatives on the ‘Soorya Bala Sangramaya’ policy statement that sets a target of meeting 70% of the country’s total electricity demand from renewable energy sources by 2030.
Sino Lanka Power Gen is a joint venture between the Sino Lanka Group – an Asian enterprise with investments in real estate, hospitality, chemicals, healthcare, financial services, and rooftop solar, among others, and the Atman Group, an investment holding company with investments in renewable energy, hospitality, real estate, and agriculture.

OSL take:

The renewable energy generation sector in Sri Lanka is fast becoming a hotspot for business/investment opportunities. The government of Sri Lanka is keen on increasing the renewable energy generation capacity in the country in its bid to address the looming power crisid due to the increasing demand for power. Sri Lanka is fast becoming a business hub in the South Asian region given its geographical positioning in the Indian ocean and the many trade agreements as well as trade concessions enjoyed by the country. All this has resulted on the expansion of business/investment opportunities in Sri Lanka’s power sector, especially the renewable energy generation sector.

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Article Code : VBS/AT/20210423/Z_2

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