NTPC Partners with Sri Lanka for Major Solar Project

Current Context: On January 22, 2025, NTPC partnered with Sri Lanka's Ceylon Electricity Board (CEB) to launch a 50 MW solar project in Trincomalee, Sri Lanka.

• This partnership resulted in the formation of a joint venture named Trincomalee Power Company Limited (TPCL).
• The project aims to diversify Sri Lanka's energy mix and reduce its reliance on fossil fuels by harnessing solar power.
• The project's tariff has been set at 5.97 US cents per unit, with potential expansion capabilities to reach 120 MW in the future.

Question:

1 What is the name of the joint venture formed between NTPC and Ceylon Electricity Board (CEB) for the Trincomalee solar project?

• A) Trincomalee Solar Power Limited
• B) Sri Lanka Renewable Energy Corporation
• C) Trincomalee Power Company Limited (TPCL)
• D) NTPC-CEB Solar Ventures

Answer: C) The joint venture was specifically named Trincomalee Power Company Limited (TPCL) to manage the solar project and related initiatives.