Plantation firms accelerate net zero push with Rs.5bn renewable energy investment

Sri Lanka's plantation companies are stepping up the investments in renewable energy as part of a broader transition towards net zero emissions, committing more than Rs.5 billion for the clean energy projects in what the industry leaders describe as a defining shift for the sector.

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The Planters’ Association of Ceylon said the Regional Plantation Companies (RPCs) have collectively installed over 30 MW of renewable energy capacity across the estates, spanning solar, mini-hydro, biomass, biogas and waste-heat recovery systems.

The push toward low-carbon operations marks a significant moment for the industry, which is undergoing what the association described as "one of the most consequential transformations in its 172-year history".

"With the global buyers, financiers and regulators pushing for low-carbon supply chains, the move towards net zero has become both an environmental duty and a commercial necessity," the association said.