| Name of the project | Technical Description | Total Estimated Cost (US$) | Project Period | Funding Agency | Present Status |
|---|---|---|---|---|---|
| Lot A 1 | Construction of 132 kV 100 Mvar Breaker Switch Capacitors at Pannipitiya GS | 6.7 Million | 2019-2024 | Asian Development Bank (ADB) | Completed and in Operation from December 2024 |
| Lot A2 | Installation of Static Var System (SVS) at Biyagama Grid Substation | 9.7 Million. | 2020-2024 | Asian Development Bank (ADB) | Completed and in Operation from April 2024 |
The expected output of the project is to improve reactive power management in the transmission system and it includes installation of (a) 100 megavolt-ampere reactive breaker-switched capacitors at the 132 kV bus bar of the existing Pannipitiya grid substation; (b) +100/–100 megavolt-ampere reactive static var compensator at the 220 kV bus bar of the existing Biyagama grid substation for voltage control during dynamic conditions.
Lot A1 - Installation of 100MVAr Breaker Switched Capacitor (BSC) at Pannipitiya Grid Substation: The contract for Lot A1 was signed with Siemens Ltd., India on May 09, 2019 (Contract value of $6.7 Million). The installations are completed, and the capacitor banks are energized and in operation from December 2024.
Lot A2 - Static Var Compensator (SVC) at Biyagama Grid Substation: The contract for Lot A2 was signed with Hyosung Heavy Industries Corporation, Korea on July 07, 2020 (Contract value of $9.7 Million). The project is fully completed and energized. The SVC system is in operation from April, 2024.
Further Reading: https://www.adb.org/projects/49216-002/main | Asian Development Bank (ADB)*
