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Sri Lanka Energy Sector Research Highlights

Sri Lanka Energy Sector Research Highlights
Overview

Sri Lanka aims to expand the use of renewable energy and reduce fuel imports
OBG
plus

The energy sector has made noteworthy progress in a number of respects in recent years. Despite political turbulence in Sri Lanka, key strategic measures were enacted in 2018 to encourage growth, including increasing renewable energy generation capacity; opening the hydrocarbons sector to greater overseas investment; and forming joint working groups to expedite the construction of liquefied…

Interview

Damitha Kumarasinghe, Director-General, Public Utilities Commission of Sri Lanka (PUCSL): Interview
OBG
plus

Interview:Damitha Kumarasinghe What can the Least Cost Long-Term Generation Expansion Plan (LCLTGEP) do to improve energy independence and balance public and private spending? DAMITHA KUMARASINGHE: The LCLTGEP is designed to meet rising electricity demand for the least cost and fulfil our policy goals related to energy security and self-sufficiency, especially in the electricity sector. The…

Chapter

The Report: Sri Lanka 2019: Energy
OBG
plus

The energy sector has made noteworthy progress in a number of respects in recent years. Despite political turbulence in Sri Lanka, key strategic measures were enacted in 2018 to encourage growth, including increasing renewable energy generation capacity; opening the hydrocarbons sector to greater overseas investment; and forming joint working groups to expedite the construction of liquefied natural…

Analysis

Sri Lanka approves key liquefied natural gas projects
OBG
plus

In pursuit of greater energy security, Sri Lankan policymakers have signed three major liquefied natural gas (LNG) deals with the governments of China, India and Japan. Expected to add 1400 MW to installed capacity, the transnational agreements will play a key role in mitigating unreliability in hydropower supply while bolstering foreign capital inflows. Plant Agreements On the back of an…

Analysis

Sri Lanka seeks to resolve trade imbalances by expanding oil-refining capabilities
OBG
plus

In an effort to meet rising energy demand and achieve economic objectives, the state-owned oil company Ceylon Petroleum Corporation (CPC) has invited bids to both build a new refinery and modernise existing facilities at the Sapugaskanda plant. Capacity Following a legacy of limited infrastructure investment, Sri Lanka’s sole refinery and primary port-to-refinery pipeline require development.…

Country Report

The Report: Sri Lanka 2019
OBG
plus

Sri Lanka’s promising progress with regard to free trade agreements, alongside finance reforms and ambitious growth strategies for manufacturing and ICT, look set to encourage increased foreign direct investment in 2019 – with 2018 having seen the highest levels on record. This should help offset the effects of political and economic volatility, as well at the increasing trade deficit that res

Event

Lanka Energy 2018

The inaugural event, held back in 2016, made an impact by being the first business-to-business exhibition that delivers key decision makers and buyers, vital to business development. Building on this success, Lanka Energy 2018 will be a platform that connects key figures from Government Ministries, city development councils, as well as developers, architects, installers, and building and electrical…

Interview

Ranjith Siyambalapitiya, Minister of Power and Renewable Energy : Interview
OBG
plus

Interview : Ranjith Siyambalapitiya How can responsible energy usage among households and industrial entities be encouraged? RANJITHSIYAMBALAPITIYA: The government has recognised the importance of demand-side management (DSM). Therefore, a presidential task force has been appointed to implement DSM activities based on the DSM action plan. Facilitating the penetration of efficient electrical…

Analysis

Sri Lanka embraces its potential as a renewable energy powerhouse
OBG
plus

Sri Lanka is poised to become a regional, and perhaps global, leader in renewable energy (RE) development, with the push to switch to a robust clean energy agenda coming in the wake of increasingly extreme weather patterns, which includes two years of severe drought that significantly reduced hydropower output. According to a May 2017 report published by the Asian Development Bank (ADB) and…

Analysis

Sri Lanka looks to liquefied natural gas as medium-term energy source
OBG
plus

Sri Lanka’s electricity shortages have become increasingly severe in recent years, with declining hydro-power output, and chronic problems and breakdowns at the Lakvijaya coal station, a 900-MW plant located in Norochcholai. This, combined with rising Japanese and Indian interest in countering China’s geopolitical influence, has facilitated the incorporation of liquefied natural gas (LNG)…

View More

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