Sri Lanka looks to China, India and Japan to boost energy sector

Sri Lanka says it will work with China, India and Japan as it looks to depend fully on renewable energy by 2050. State Minister of Power and Renewable Energy...

Sri Lanka says it will work with China, India and Japan as it looks to depend fully on renewable energy by 2050.

State Minister of Power and Renewable Energy Ajith P. Perera said that Sri Lanka has already reached agreements with China, India and Japan to construct LNG power plants in different parts of the country.

He told Asia Pacific Focus that Sri Lanka will eliminate its dependency on energy sources like coal and diesel over the next few years.

The State Minister said that Sri Lanka will instead look to wind power, solar power and biomass as energy sources.

He said that Sri Lanka will have LNG power plants to meet the requirements of the base load.

As a result Sri Lanka has reached agreements with China in Hambantota and India and Japan in other parts of the country to construct LNG power plants.

However he said that in future Sri Lanka will not look to reach fresh agreements on LNG power.

Instead, Sri Lanka will focus on investment opportunities in solar power, wind power and biomass.

“There will be a lot of opportunities in investing and financing in these areas,” he said.

Sri Lanka will call for tenders within the next two months to construct a 150mw solar power plant, he said.

He said that bidding will also be open to construct wind power plants in Sri Lanka.

“There will be a lot of opportunities in investing and financing in these areas,” he said.

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