Sri Lanka’s Panasian Power connects 5MW Ampara solar plant to national grid
Daily FT: Panasian Power PLC has said it has successfully connected a 5MW ground-mounted solar project at Deegawapiya, Ampara, to the national grid through the Ampara Grid Substation on 17 October 2025.
The company said the project marks the fifth 5MW ground-mounted solar power plant connected to the national grid out of seven projects that entered into power purchase agreements (PPAs) in the third quarter of 2024.
The project, operated through a subsidiary of Panasian Power, has commenced revenue generation.
“This testing and commissioning represents a significant milestone in our renewable energy development strategy, adding another 5MWac/6.76MWp to the national grid and supporting Sri Lanka’s commitment to expanding its renewable energy capacity,” the company said.
Panasian Power said the project integrates advanced technology, utilising Longi Bi-facial N-type Solar PV 615 W modules with Fixed Tilt technology. The DC capacity has been enhanced to effectively harness solar resources and ensure an optimum AC/DC design ratio.
OSL take:
Sri Lanka’s ongoing economic expansion due to increased economic activities has resulted in an increase in demand in the country’s power industry, especially in the renewable energy sector. The Sri Lankan government’s commitment to increase the generation of clean and sustainable power by increasing the country’s renewable energy generation component to around 70% of the total power mix has created many business/investment opportunities in the renewable energy generation sector. The growth and profits recorded by businesses already engaged in the renewable energy generation sector and the interest shown by many foreign businesses/investors to enter the sector indicate the increasing business potential in Sri Lanka’s renewable energy generation sector. With Sri Lanka on the path to becoming a hub in the South Asian region supported by the country’s strategic positioning in the Indian Ocean, strong trade ties with many foreign countries, increasing business conducive environment and the incentives on offer have all made Sri Lanka the ideal business/investment destination in the region for foreign businesses/investors. Given all these factors, foreign businesses/investors could confidently explore the expanding business/investment opportunities in Sri Lanka’s power industry, especially in the renewable energy generation sector.
| Article Code : | VBS/AT/20251027/Z_1 |