Our approach to power and energy will focus on implementing transparent, automated systems that minimise individual discretion, close loopholes for manipulation, and eliminate the incentives for ‘dealmakers’ to push unsolicited proposals.

While creating competition in generation and distribution is necessary, consumers and industry should not bear the burden of high energy costs due to monopoly power and inefficiency. We support cost-reflective electricity tariffs, but these costs must exclude corruption and inefficiency in power purchase agreements.

We will reassess the proposed structure in the new Act and recommend amendments to enhance the efficiency and cost-effectiveness of the reform process. Our priorities include establishing a fair electricity market, safeguarding consumer interests, improving accountability and depoliticising the industry.

We envision not just meeting but exceeding the target of 70% renewable energy generation by 2030, aiming to make Sri Lanka a regional renewable energy powerhouse.