Rividhanavi (Pvt) Ltd. signed a power purchase agreement with CEB for the 100 MW Ground Mount Solar project in Siyambalanduwa. The project, advertised by CEB in September 2022 and evaluated in 2023, was awarded to the lowest successful bidder by the end of 2023. Rividhanavi will also construct and transfer a 27.5 Km transmission line for the project to CEB. Rividhanavi (Pvt) Ltd. is a consortium consisting of shareholders Lakdhanavi Ltd., Windforce PLC, and The Blue Circle PTE Ltd of Singapore, with an expected investment of USD 132 Million.
