Hon. Ravi Karunanayake
Hon. Ravi Karunanayake argued that Sri Lanka should support locally produced renewable energy, including battery storage, as a cheaper alternative to oil-based power generation. He questioned why paying local entrepreneurs Rs. 25–30 per unit for renewable electricity is seen as problematic when oil-based electricity costs Rs. 70–100 per unit, and linked the proposal to economic and GDP benefits. He referenced IMF representatives’ advice to “think outside the box” as support for such an approach.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Renewable energy can be stored in batteries and used later—we know that. Power from oil costs Rs. 70, 80, even 100 per unit. Why is it a problem to pay local entrepreneurs Rs. 25 or 30 per unit for renewable electricity? It is better for the economy and GDP. Yesterday, the IMF representatives told us to “Think outside the box.” This is thinking outside the box.
Provenance
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- Hansard, Tuesday, 17 June 2025 ·No. 1750929357043199 ·English daily/uncorrected Hansard
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/lk/speeches/14647
Cite as: Hon. Ravi Karunanayake. 10th Parliament, Parliament of Sri Lanka. Hansard, 17 June 2025. No. 1750929357043199. Politick, https://staging.politick.io/lk/speeches/14647