World · Sri Lanka Bureau
Joint venture secures Kolonnawa battery storage grid contract
A $6 million partnership between Ceylex and Xingneng has been awarded a contract to develop grid battery energy storage systems at Kolonnawa, marking a significant investment in Sri Lanka's energy infrastructure modernisation.
LSN Sri Lanka ·
The joint venture between local firm Ceylex and Chinese company Xingneng has secured a contract to establish battery energy storage systems (BESS) at the Kolonnawa grid facility. The project, valued at $6 million, represents a substantial commitment to enhancing the island's electrical grid capacity and stability.
Grid-scale battery storage systems are increasingly recognised as critical infrastructure for managing energy demand and integrating renewable power sources into national electricity networks. The Kolonnawa facility will contribute to Sri Lanka's efforts to modernise its power distribution infrastructure and support the transition toward more sustainable energy generation.
The partnership combines Ceylex's local expertise with Xingneng's technical capabilities in battery storage technology. Such joint ventures between domestic and international operators have become common in South Asia's energy sector as countries seek to upgrade ageing infrastructure and meet growing electricity demands.
The contract award reflects ongoing efforts to strengthen Sri Lanka's power system resilience amid increasing reliance on renewable energy sources. Battery storage facilities help balance supply and demand fluctuations, reducing grid stress and improving overall system efficiency.
Details regarding the project timeline and technical specifications of the Kolonnawa BESS facility were not immediately available.