A US$1.7 billion project to provide 6.5% daily renewable electricity to the National Grid will be launched in the Northern Province.
According to Mr. Jayantha Samarakon, the head of a private solar panel company, this project will be implemented in the area of 6000 acres of land near Poonagari Lake in the Northern Province. A 700 MW solar power system will be installed on 1000 acres. Also, under the project of setting up solar power system, the concerned company will take steps to fully develop Poonagri Lake and provide electricity to the farmers for farming on 1000 acres of land in the area. For this the concerned company is going to spend 5 billion rupees.