Sri Lanka awards wind power transmission tender for Mullikulam Lot A to India’s RS Infraprojects
EconomyNext: Sri Lanka has awarded a $ 6.04 million contract, around Rs. 499.66 million, (excluding VAT) for construction of Lot A of the Mullikulam Wind Power Transmission Project to RS Infraprojects (Pvt) Ltd of India, minister Nalinda Jayatissa said.
Bids were invited for the construction of Lot A, which includes the Mullikulam 220/33 kV collection grid substation input structure and the construction of 2 220 kV cable trays, following an international competitive procurement procedure.
Four bids were received, Jayatissa said.
Cabinet approved the proposal to award the contract to the lowest responsive bidder RS Infraprojects (Pvt) Ltd of India.
OSL take:
Sri Lanka’s renewable energy sector is rapidly emerging as one of the country’s most attractive investment destinations, driven by increasing demand for clean energy, supportive policy initiatives, and ongoing infrastructure development. The recent award of the Mullikulam Wind Power Transmission Project contract to an Indian company underscores the growing participation of international firms in Sri Lanka’s energy transition. As the country accelerates efforts to expand its renewable energy capacity, significant business/investment opportunities are emerging across wind, solar, energy storage, grid modernisation, transmission infrastructure, and related support services. The strong performance and profitability recorded by companies already operating in the sector highlight the long-term commercial potential available to foreign businesses/investors. With ambitious renewable energy targets, a strategic location in the Indian Ocean, and a commitment to sustainable economic growth, Sri Lanka is positioning itself as a regional hub for green energy investment. Foreign businesses/investors can confidently explore opportunities to partner in projects that support both the country’s energy security goals and the global transition to cleaner sources of power.
| Article Code : | VBS/AT/20260609Z_4 |