ADB to Provide $1.2M Grant Support for 150 MW Kondachchi Wind Project 📈

The Cabinet has approved transaction advisory services from the Asian Development Bank (ADB) to facilitate the development of the 150 MW Kondachchi Wind Power Project. This initiative aligns with national goals to boost renewable energy and private sector participation. • Project Scope & Technology The facility will feature a 150 MW wind farm integrated with an advanced Battery Energy Storage System (BESS). This allows it to function as a "virtual firm energy plant," ensuring a stable and reliable power supply to the national grid. • Advisory & Funding The ADB will provide end-to-end support, covering bidding documents and competitive procurement. The advisory services, valued at US$ 1.2 Mn, are funded as a grant under the ADB’s Technical Assistance Framework. • National Impact The project was submitted by the Energy Ministry on behalf of the National System Operator (NSO). It marks a critical step in modernizing Sri Lanka's power infrastructure and accelerating the transition toward clean energy to meet long-term sustainability targets.