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The Sri Lanka Electricity Act, No. 36 of 2024 is a landmark legislative act enacted by the Parliament of the Democratic Socialist Republic of Sri Lanka. Certified on 27th June 2024, the Act introduces substantial reforms to the electricity industry in Sri Lanka, aiming to improve efficiency, attract investment, and promote the use of renewable energy sources.
On 16 September 2014, after officially opening a completed $1.35 billion Chinese-financed 900 MW coal power plant project, Sri Lankan President at the time, Mahinda Rajapaksa addressed the nation saying that the electricity bills of the people will be reduced by 25%. [15]
National People's Power: President: Sri Lanka: 23 September 2024 [a] [4] [2] Minister of Defence: 24 September 2024 [a] Minister of Finance, Planning and Economic Development: 24 September 2024 [a] Minister of Digital Economy: 18 November 2024: Harini Amarasuriya: National People's Power: Prime Minister: Colombo: 24 September 2024 [a]
LECO partnered with the University of Moratuwa to begin a microgrid pilot project in Sri Lanka with financial assistance from the Asian Development Bank.The aim of the project is to contribute to Sri Lanka's stated target of 70% of power generation through renewable sources by 2030. 32,411 rooftop solar units have already been installed in the country as of April 2021, with a total capacity of ...
The Ministry of Power and Energy [1] (Sinhala: විදුලිබල හා බලශක්ති අමාත්යාංශය; Tamil: மின்சக்தி மற்றும் வலுசக்தி அமைச்சு) is a cabinet ministry of the Government of Sri Lanka responsible for power and renewable energy. The ...
The commission has recently been assigned the task of producing Sri Lanka's long-term power generation plan in the middle of power shortages and an impending energy crisis in the country- the Electricity Supply 2020 and Beyond report has been the subject of minor controversy, with unionized employees of the Ceylon Electricity Board in ...
Thermal power stations in Sri Lanka now roughly match the installed hydroelectric generation capacity, with a share of nearly 49% of the available capacity in December 2013 and 40% of power generated in 2013. [9] Thermal power stations in Sri Lanka runs on diesel, other fuel oils, naptha or coal. [9]
According to the Constitution of Sri Lanka, the term of the Parliament is 5 years. However, under Article 70 of the Constitution and Section 10 of the Parliamentary Elections Act, No. 1 of 1981, the President of Sri Lanka may dissolve parliament after two years and six months from its first sitting or upon receiving a resolution from parliament ...