Ceylon Electricity Board has successfully acquired the 163 MW Combined Cycle Power
Plant which was operated by Sojitz Kelanitissa (Pvt) Limited on 28th March 2023.

The acquiring process was initiated on the latter part of year 2022, in accordance with
the terms and condition of the Power Purchase Agreement (PPA). The untiring efforts of
the CEB team lead by General Manager, CEB; Eng. Rohan Seneviratne has resulted to
enhance CEB own power plant capacity by 163 MW.

Under the GOSL policy framework, CEB signed the PPA with Sojitz Kelanitissa (Pvt)
Limited on June, 2000 as an Independent Power Producer (IPP) on BOOT basis. The
contract period was for 20 years and the power plant is located in Colombo Kelanitissa
Power Plant complex.

CEB negotiations were very hard especially due to economic constraints, obstacles,
challenges, and many issues including legal aspects; but CEB has managed to overcome
those difficulties and finally owned a 163 MW power plant. CEB appreciates all those
government entities who have helped immensely to complete the acquiring process
successfully. Further, CEB appreciates Sojitz Kelanitissa (Pvt) Limited for the operation
of power plant over 19 years and for the cordial cooperation extended during the
negotiation and transfer process of the facility.

CEB has foreseen the future power requirements of the country and facilitated the
acquisition process in order to increase its power generation capacity. The CEB owned
163 MW facility is compatible with LNG with some minor modifications and hence
enables to reduce the current cost of generation when conversion takes place.