News
It is possible to ensure grid stability and increase solar power generation – Expert
Countrywide blackout on 09 Feb:
by Ifham Nizam
Sri Lanka’s transition into renewable energy (RE) is at a critical juncture, with solar power playing a pivotal role in achieving the country’s goal of 70% renewable energy by 2030. However, challenges in policy implementation and grid integration continue to hinder progress, according to renewable energy expert Eng. Parakrama Jayasinghe.
In response to a query, Jayasinghe said acceptance that RE was the only way forward was the first step. “They can then have an attitude of facilitation rather than obstructions currently faced by all RE developers. If they are honest, they will realise that it is financially and economically advantageous for them to take this path with hardly any capital expenditure. Eliminating the use of oil will save the CEB Rs. 110 billion a year and USD 850 million to the country,” he added.
Eng. Jayasinghe said rooftop solar panels were the most cost-effective and quickest way to expand Sri Lanka’s renewable energy mix. “It has no cost to the CEB, and consumers themselves are investing, making the energy sector more democratic,” he said, warning that without battery storage, solar energy remained variable and non-firm.
“The world has already found solutions to optimize the use of this environmentally friendly and forex-free energy. It is the duty of the CEB to adopt these solutions, which they have ignored year after year,” Jayasinghe said.
One of the main hurdles in scaling up solar power is its availability only during daylight hours. “The easy answer is behind-the-meter storage batteries,” says Eng. Jayasinghe. He believes that if the CEB offers a fair tariff for stored solar energy, private developers will readily adopt storage solutions at their own cost.
Another major concern is grid stability, particularly the reduction of spinning reserves when thermal and hydro plants operate at lower loads to accommodate solar power. However, Eng. Jayasinghe suggests a straightforward fix: “Running hydro and gas turbines at Kelanitissa as synchronous condensers can provide the required inertia at minimal cost and can be implemented quickly.”
News
Draft of the Appropriation Bill for the Financial Year 2027 su mitted to the Parliament
Approval of the Cabinet of Ministers was granted to the preparation of the Appropriation Bill for the financial year of 2027 at their meeting held on 30.06.2026.
Accordingly, clearance of the Attorney General has been given to the Appropriation Bill prepared by the Legal Draftsman.
Therefore, the Cabinet of Ministers approved the resolution furnished by the President in his capacity as the Minister of Finance, Planning and Economic Development to publish the aforementioned draft bill in the government gazette notification and thereby submit the same to the Parliament for its concurrence.
Latest News
Cabinet approves aditional Rs. 2,500 million to the Paddy Marketing Board to purchase 2026 Yala harvest
The Cabinet of Ministers has approved the resolution furnished by the Minister of Agriculture, Livestock, Land and Irrigation to provide an additional Rs. 2,500 million to the Paddy Marketing Board on a reimbursable basis from the Rs. 7,500 million additional allocations granted to the Ministry to implement
the expedited paddy purchasing program for the 2026 Yala harvest.
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Cabinet nod to host the 8th Asian Regional Conference of the Commonwealth Parliamentary Association and the 3rd Joint Asian and South-East Asian Regional Conference of the Commonwealth Parliamentary Association
The 8th Asian Regional Conference of the Commonwealth Parliamentary Association (CPA) and the 3rd Joint Asian and South-East Asian Regional Conference of the CPA are planned to be held over three days in Colombo during April/May 2027.
Approximately 90 delegates including speakers, Deputy Speakers, Member of Parliamentarians, and Parliamentary officers representing member countries of the Commonwealth Parliamentary Association, in the Asian and South-East Asian regions, are expected to participate in these conferences.
The Cabinet of Ministers has approved the resolution furnished by the Prime Minister of the Parliament of Sri Lanka to host the said conferences considering the opportunities to strengthen parliamentary diplomacy and regional cooperation, as well as to enhance international recognition of the Parliament of Sri Lanka within the Commonwealth Parliamentary Association.
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