Lakdanavi, the winning bidder for the development of the Kerawalapitiya gas-fired power plant, is expected to approach international banks soon to raise financing.
The Sri Lankan cabinet is reported to have approved the launch of a build-operate-transfer tender to build an estimated US$800m rail project to connect the coastal town of Beliatta to the international port of Hambantota and Mattala Airport.
Eleven debt-stressed coal-fired power plants with a combined capacity of 12.64GW are being put up for sale by banks, according to local reports.
Solar Energy Corporation of India (SECI) has signed a deal with ACME Holdings to build 50MW of grid-connected solar photovoltaic (PV) projects in the Gujrai Solar Park, located in the Kanpur Dehat district of Uttar Pradesh. According to reports, ACME Solar Holdings won the bidding for the project with a tariff of Rs3.38 (US$0.0502)/kWh.
Central Electronics Ltd (CEL), a public-sector enterprise of the Government of India, is auctioning 100MW of solar project in Maharashtra, according to Mercom.