The Hon. Kumara Jayakody - Minister of Energy
Minister Kumara Jayakody said the Government has minimized oil-based power generation and is using LNG, hydro, and solar to lower average electricity generation costs. He stated that policy will focus on expanding solar capacity, with the aim of stabilizing and sustainably reducing electricity tariffs over three years rather than allowing sharp fluctuations.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 As I said, we must promote solar. We have already minimized oil-based generation as much as possible; LNG gives costs near Rs. 20 per unit, helping reduce the average when combined with hydro and solar. Our policy is to further expand solar capacity to bring the average down. Our target is to flatten tariffs and reduce them sustainably over three years, avoiding the past pattern of sharp up-and-down changes.
Provenance
- Source
- Hansard, Wednesday, 19 February 2025 ·No. 1740397565032971 ·English daily/uncorrected Hansard
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Cite as: The Hon. Kumara Jayakody - Minister of Energy. 10th Parliament, Parliament of Sri Lanka. Hansard, 19 February 2025. No. 1740397565032971. Politick, https://staging.politick.io/lk/speeches/11404