يحاول ذهب - حر

Renewable with solar, the way forward

July 31, 2025

|

Daily FT

ON 16 July, the Prime Minister at the Seventh Meeting of the International Solar Alliance Regional Committee for the Asia and Pacific Region held in Colombo, emphasised on Sri Lanka's dedication to strengthening regional solar cooperation and achieving energy security through sustainable development.

Renewable with solar, the way forward

Apparently, the Prime Minister is more concerned of regional solar corporation, rather than the country's requirement. This brings again the undisclosed agreement the President signed with India. It is clear that India wishes to connect the two countries with an electrical connection and export electricity to Sri Lanka. It is well known that the production cost of India is lower than Sri Lanka.

In March 2025, the Government decided to revise the tariff paid per unit of electricity generated by rooftop solar panels, following recommendations from the Ceylon Electricity Board (CEB) claiming to align with current energy policies and market conditions. Currently, solar energy producers receive Rs. 27 per unit of electricity supplied to the grid. Under the proposed changes, this rate is expected to be reduced, based on the capacity of the individual solar system.

In Kerala, South India electricity tariffs vary, based on usage and consumer category. Currently Kerala State Electricity Board and recent changes include both fixed and energy charges.

For example, with currently Indian Rupee costing nearly Rs. 3.50, Indian consumers using 0-40 units pay 1.50 per unit or SLR 5.25, while those consuming above 250 units pay ₹8.80 or SLR 30.80 per unit.

Meanwhile, local consumers using up to 60 units a month are charged Rs. 7.85 per month with no fixed charge and consumers using over 121 units are charged Rs. 32 per unit with a fixed charge of Rs. 480. Above shows that Sri Lankans pay higher charges for electricity than the South Indians.

Power generation in Sri Lanka

Table 1 shows that in 2023 wind power contributed 5.25% and solar 5.5% amounting to a small amount compared to 29.8% coal and 20.1% thermal, with 50% dependency on imported fuels, showing the importance of urgently moving over to wind and solar power.

Renewable energy in Sri Lanka

المزيد من القصص من Daily FT

Daily FT

IPS releases study on sexual and gender-based violence faced by migrant female domestic workers

A new study by the Institute of Policy Studies of Sri Lanka (IPS) has revealed the extent and nature of sexual and gender-based violence (SGBV) experienced by Sri Lankan female migrant domestic workers in the Middle East.

time to read

1 mins

January 07, 2026

Daily FT

Daily FT

2025: A year of records and launch pad for rebuilding Sri Lanka

DESPITE unprecedented challenges - tariff pressures and the devastation brought by Cyclone Ditwah - 2025 will be remembered as a year of records for Sri Lanka.

time to read

3 mins

January 07, 2026

Daily FT

Daily FT

Review of Bond market in 2025

Historical macro indicators dictate rates amidst global shocks; Cyclone Ditwah impact leads to uncertainties

time to read

4 mins

January 07, 2026

Daily FT

Daily FT

FACETS 2026 concludes successfully

■ Showcases strong international participation and industry confidence ■ Draws over 4,500 registered visitors including 450 foreign buyers and international visitors

time to read

2 mins

January 07, 2026

Daily FT

Daily FT

Navigating Trump’s (old) world order

“EXTENDING the Blessings of Civilisation to our Brother who Sits in Darkness has been a good trade and has paid well...

time to read

7 mins

January 07, 2026

Daily FT

Met Dept. forecasts heavy rain, gusty winds

THE Department of Meteorology yesterday said a developing low-pressure system over the Bay of Bengal to the southeast of Sri Lanka is expected to intensify into a depression within the next 24 hours and track west-north-west towards the eastern seaboard.

time to read

1 min

January 07, 2026

Daily FT

Tensions between traditional tuk-tuks and ride-hailing apps

WITH the tourist season underway, the battle between the conventional tuk-tuk drivers and riders using ride-hailing platforms like Uber and PickMe has reached unprecedented and alarming heights with confrontations being featured in prime-time news bulletins as well as newspaper headlines.

time to read

2 mins

January 07, 2026

Daily FT

Daily FT

HNB Assurance welcomes 2026 with strong momentum towards 10 in 5 strategy

HNB Assurance has entered 2026 with renewed purpose and clear ambition as it moves into a defining phase of its 10 in 5 strategic journey.

time to read

2 mins

January 07, 2026

Daily FT

Deloitte supports DP Logistics in Rs. 1.3 b acquisition of Logicare

DELOITTE Sri Lanka had advised DP Logistics Ltd., the logistics cluster of the David Pieris Group of Companies, on its strategic acquisition of Logicare Ltd., from Ceylon Tea Brokers PLC.

time to read

1 min

January 07, 2026

Daily FT

Daily FT

Rebuilding after disaster: Speed versus sustainability

PRESIDENT Anura Kumara Dissanayake in his 2026 New Year message stated, “We can collectively recreate a country far better than the one we inherited.”

time to read

4 mins

January 07, 2026

Listen

Translate

Share

-
+

Change font size