Sri Lanka approves joint venture for power transmission link
pre-market1 source ↓written by the desknot a recommendation
- to construct
- 28-kilometre, 220 KV transmission line
- excluding taxes
- ₹2.27 billion
Sri Lanka's government has approved a joint venture between Jyoti Structure Limited and Hayleys Fentons Limited to construct a 28-kilometre, 220 KV transmission line. Valued at ₹2.27 billion (excluding taxes), this project aims to enhance renewable energy evacuation from the Mannar region. The joint venture was selected as the lowest bidder among five proposals received.
This initiative is significant for the renewable energy sector, as it strengthens infrastructure for wind energy projects in northern Sri Lanka, potentially attracting further investments in green energy.
Not investment advice. For informational purposes only.