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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.
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]
With a market share of nearly 100%, it controlled all major functions of electricity generation, transmission, distribution and retailing in Sri Lanka. It was one of the only two on-grid electricity companies in the country; the other being Lanka Electricity Company (LECO).
Solar power is a relatively young segment in the energy industry of Sri Lanka. As of 2015, only a few grid-connected solar farms were operational, including a state-run facility. Despite at least half a dozen private companies applying for development permits for photovoltaic and solar thermal projects, [24] most have not actually commenced ...
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 ...
Like all power stations in Sri Lanka, power generated by the power station are sold to the Ceylon Electricity Board under a 20-year take-or-pay power purchase agreement. The low-sulfur diesel is supplied through an existing pipeline by the Ceylon Petroleum Corporation , with 20,000 tons, or the equivalent of 28-days of full capacity operations ...
On 21 April 2012 at about 03:00, a fire erupted at the power station complex, damaging the main switchboard for the plant's power generation machinery. Power generation was ceased, but did not trigger any blackouts due to alternative sources being available at the time. Six employees of the power station who inhaled noxious fumes as a result of ...
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 ...