50MW Wind Farm in Mannar, Sri Lanka
Sri Lanka’s largest private investment in wind power, a 50MW farm in Mannar, will be developed by HayWind, the wind energy arm of Hayleys Fentons, following a competitive bid awarded by the Ceylon Electricity Board (CEB). The official Power Purchase Agreement (PPA) was signed on 28th May 2025 at the Ministry of Energy.
This agreement reaffirms the awarding of a 50MW wind power plant development in Mannar to HayWind One Limited, following the tender bidding process. The project was secured at the most competitive rate of 4.65 US cents per kilowatt-hour and will be developed on a Build, Own, and Operate (BOO) basis. It represents a crucial advancement in Sri Lanka’s renewable energy journey and will deliver long-term environmental and economic benefits to the nation.
Professor K.T.M. Udayanga Hemapala, Secretary to the Ministry of Energy, Sri Lanka, stated: “This project is a timely and strategic investment in Sri Lanka’s clean energy future. It exemplifies the collaborative spirit needed to achieve our renewable energy targets and foster long-term energy independence.”
The proposed wind farm will consist of 10 turbines, each generating approximately 5MW, and is scheduled to be operational within 18 months. Once operational, it will make a significant contribution to the national grid by supplying clean, affordable energy. The CEB will purchase the electricity generated by the project, resulting in cost savings for the utility and ultimately, more affordable power for Sri Lankan consumers. Unlike traditional fossil fuel-based power generation, wind energy is clean, sustainable, and emission-free, helping the nation move closer to achieving its net-zero carbon targets.
“This landmark project is a major step forward in Sri Lanka’s renewable energy ambitions,” said Mohan Pandithage, Chairman and Chief Executive of Hayleys PLC.
“We are proud to lead the way in sustainable energy investment and to play a key role in delivering the country’s most affordable electricity. By embracing renewable technologies, we are also contributing meaningfully to global climate action. With Sri Lanka aiming for 70% renewable energy by 2030, the Hayleys Group is accelerating its own journey to net-zero by 2035.
“The Mannar Wind Farm is a pivotal milestone in expanding our clean energy portfolio,” said Hasith Prematillake, Managing Director of Hayleys Fentons. “Through our sustainable energy initiatives, we aspire to become the lowest-cost producer of renewable energy in Sri Lanka, while contributing positively to foreign exchange savings. For an example, this project alone will save Rs. 3 billion over its 20-year lifespan compared to the next best alternative bid in the tender.”
The initiative marks the entry of Hayleys Fentons Limited into wind power through its newly established subsidiary, HayWind, further diversifying its investment across Sri Lanka’s renewable energy sector.
Wasantha Edussuriya, General Manager of the Ceylon Electricity Board, said: “This wind power project enables us to enhance the national grid with cleaner, more cost-effective energy. This is indeed a step towards building a resilient and sustainable power infrastructure for future generations.”
Roshane Perera, Director and CEO of Hayleys Solar, added:“At Hayleys Solar, we’ve delivered over 300MW in solar EPC projects and secured 200MW in renewable energy investments, including the 50MW wind farm formalised today. With the launch of HayWind and our first wind power project, we are proud to broaden our leadership in clean energy and accelerate Sri Lanka’s transition to a sustainable future. This also stands as a true testament to the capabilities of Sri Lankan companies to undertake projects and investments of this scale.”
Globally, there are currently 1.2 million MW of installed wind power capacity and 2.2 million MW of solar power, together comprising 3.4 million MW out of the world’s total 4.5 million MW of installed renewable energy capacity. By 2030, wind power is projected to grow to 2.2 million MW, with solar expected to rise to 7 million MW. Combined, these two sources will represent 9.2 million MW of the forecasted 11 million MW in global renewable energy capacity—underscoring the growing importance of projects like the Mannar Wind Farm in shaping a sustainable energy future.
To learn more, please contact HayWind One Limited at info@haywind.lk.
