The Hon. Kumara Jayakody
The Hon. Kumara Jayakody stated that the Government has recognized solar power with battery storage as a policy priority and is developing a promotional tariff to attract investors, allowing daytime charging and nighttime supply to the grid. He said a committee is finalizing the framework, which will be submitted to Cabinet before announcement. He also noted that renewable energy proposals pending since February 2022 are legally complicated because projects below 10 MW require special PPAs while those above 10 MW must be procured through bidding, but the proposals have been grouped together.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Very well. Regarding solar with battery, it is included at the outset of our policy statement. We have recognized it as a policy. We are now structuring a tariff for it. It will be a very promotional tariff. We, too, are keen to attract investors. We will implement it promptly.
¶ 02 We will make it profitable for investors: they will charge during the day and feed into our grid at night. Much of the work is now complete; a committee has been appointed and is proceeding. Once finalized, we will present it to the Cabinet and then announce it.
¶ 03 Several spoke about a set of proposals pending since February 2022. The Deputy Ministers may know these are somewhat tangled and contrary to the Act. Under the law, projects below 10 MW must proceed via special PPAs, while those above 10 MW must go for bidding. However, everything has been lumped together.
Provenance
- Source
- Hansard, Monday, 3 March 2025 ·No. 1742268353096939 ·English daily/uncorrected Hansard
- Page · column
- not yet extracted — page/column anchors are not in the current dataset; the source PDF is the citable location.
- Permalink
/lk/speeches/18441
Cite as: The Hon. Kumara Jayakody. 10th Parliament, Parliament of Sri Lanka. Hansard, 3 March 2025. No. 1742268353096939. Politick, https://staging.politick.io/lk/speeches/18441