Necessary legislative amendments and administrative changes will be made to eliminate corruption and inefficiency in the power sector and ensure the provision of electricity to consumers at fair and competitive prices.
Local and foreign investments will be encouraged in the fields of electricity, petroleum, and gas, and a world-standard method of buying electricity that is completely corruption-free and efficient will be introduced.
The “Battle for Solar Energy” project, which has already added 1,300 megawatts to the national power grid, will be further promoted. Homeowners and industrialists will be encouraged to build “solar power plants” with concessionary interest rates. The goal is to empower 1 million homes with solar power within five years.
Priority will be given to a 1,200-megawatt offshore wind power project. Transparent and competitive mechanisms will be introduced to promote onshore wind and solar power. This is expected to encourage both domestic and foreign investors.
Sri Lanka’s National power grid will be transformed into a Smart Grid within five years.
Within two years, existing thermal power plants will be modernised to operate on LNG, and the necessary infrastructure for using NG, LNG, and CNG for domestic energy needs will be provided through public and private sector involvement.
Steps will be taken to establish facilities within the country for manufacturing and maintaining equipment needed for renewable energy sources, including wind and solar power sectors, with public and private sector intervention.
Provisions in the Electricity Act No. 36 of 2024 that are against the rights of electricity workers and consumers will be removed, prioritising the development of an efficient smart electricity system in the country.
Given Sri Lanka’s Sustainable energy potential, the opportunity to export beyond our domestic needs is promising. We will pursue the production of green hydrogen and invite direct foreign investments.
We will pursue regional energy connectivity arrangements.
Crafted by Volunteers full of hope for Sri Lanka’s future. The following information is intended solely for general informational purposes related to the Sajith Premadasa Presidential Election Campaign 2024.
