Victoria Power Project Expansion is a 228MW hydro power project. It is planned on Mahaweli river/basin in Central, Sri Lanka. The project is currently in announced stage. It will be developed in single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2027.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Hydropower 228 228 Announced Central, Sri Lanka Ceylon Electricity Board


The project is being developed and currently owned by Ceylon Electricity Board.

The project cost is expected to be around $310.486m.

The hydro power project consists of 2 turbines, each with 114MW nameplate capacity.

Development Status

The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2027.

About Ceylon Electricity Board

Ceylon Electricity Board (CEB) is a power utility that generates, transmits and distributes electricity. The utility generates electricity using thermal, wind and hydro sources. It purchases power from the private IPPs to distribute across Sri Lanka. The company develops and maintains coordinated and economical system of electricity supply across Sri Lank. It provides account and bill payment services through its online website. The company caters to domestic, commercial, residential, industrial, general purpose and street lighting customers. CEB is headquartered in Colombo, Sri Lanka.


All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.