The Cabinet of Ministers granted approval on to accept the proposal furnished by United Solar Energy Company as a policy for the development of a solar power station of 700MW with 100% battery power storage system including necessary transmission lines from the Poonakari reservoir to New Killinochchi Grid Sub Station, to evaluate the project proposal and to appoint a negotiation committee appointed by the Cabinet of Ministers to submit recommendations to the Cabinet of Ministers with a view to decide the procurement charges of electricity power.
Accordingly, the Cabinet of Ministers granted approval to the proposal forwarded by the Minister of Electricity and Power to implement the proposed project with United Solar Energy Company based on the recommendations furnished by the negotiation committee and sign an agreement to procure electricity.