Facing a power crisis, Sri Lanka to accelerate renewable energy generation plan and is likely to be implemented from June 1. The decision to implement the plan by taking immediate action was taken during a discussion held at the Ministry of Power and Energy after the fuel bill for power generation exceeded USD 100 million per month, reported Colombo Page. Under the Renewable Energy Generation Plan, so far, two measures have been taken to implement the solutions. Preparations are being made to search for roof spaces to install solar panels on industrial, government, hospital, and hotel roofs. he Ceylon Electricity (CEB) would manage the thermal and hydropower plants to help in the reduction of generation costs at night and save money during the day.
The project is expected to work in collaboration with the Ceylon Electricity Board, the Sustainable Energy Authority, and the investor after the purchase agreement is issued. It will enhance the line of transmission alongside the capacity of the national grid with the required investment from the investor. post the financial and technical evaluation, large-scale investments for selected renewable projects will be accommodated as well.