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Are we to buy our solar energy with dollars?

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By Eng. Parakrama Jayasinghe

Email : parajayasinghe@gmail.com

A Presidential Press release, dated 13th June 2021; clearly defines the policy on our Energy Sector. The direction indicated is congruent with the presidential policy declaration “Vision for Prosperity and Splendour”. This is not a moment to vacillate and get embroiled in personal or political agendas. The situation in the country is much too precarious with the Covid-19 raging and the spectre of the impact of Climate Change haunting us. The foreign reserves are falling, impacting the rupee and the cost of living. The agitation and indiscipline on the streets, in the midst of a Pandemic are signs of the social and economic instability creeping in. Sri Lanka can overcome the crisis but it needs sound leadership to mobilise and motivate the people to utilise its own resources in a prudent and fair manner.

A country, endowed with talented and educated human resources, abundant sun, wind, fertile soil and water. All these are valuable assets when it comes to opting to renewable energy. Renewable energy will not bring millions to individual businessmen but will give them sound incomes. However, a very large number of people will be become prosumers, that is those actively contributing to producing energy and at the same time using the generated energy themselves. The excess will be sold to the national grid as already practiced by the Solar Roof Top systems.

In this way, the country will save a large amount of foreign exchange, the environment will benefit as no fossil will be used and the consumers will benefit as they will be also producers and earning money as a result. There will also be a change in the economic scenario as power generation will be decentralised. The character of the Ceylon Electricity Board will be totally changed, from being a loss-making “Colossus” to becoming a sophisticated research and development unit servicing the entire country with training and back0-up facilities. Singapore has very successfully graduated to this system.

The President, in a recent progress review meeting, left no room for the interpretation of his Policy Target of reaching 70% of Renewable Energy for Electricity Generation by 2030 (unfortunately diluted down from the original 80% RE) that his vision is for Renewable Energy and there should be no attempts to misinterpret this by calls for so called “Clean Energy”. There is no such clean energy outside the realm of renewable energy and no fossil fuel can be given that distinction.

This national target has to be formalized now by a Cabinet decision and gazetted; otherwise, the President’s policy could very well be surreptitiously overturned.

Pursuing this goal, the contributions of various forms of indigenous sources of renewable energy have to be harnessed. Of these, Solar Energy holds pride of place with the progress made in recent years, particularly by Roof Top Solar PV systems , aided by the most visionary provision of the Surya Bala Sangraamaya which has to date reached a level of over 350 MW installed and many more in stages of implementation. The most challenging target set by the President however, would call for development of other larger installations both ground mounted and floating in the coming years.

The Ministry, as well as the CEB, have been working on several such projects with a 100 MW Solar Park in Siyambaladuwa for which the required land has already been earmarked and a proposed 150 MW Solar park in Pooneryn to follow shortly.

It is under these circumstances that I am compelled to raise alarm bells as noted in the title of this Paper. Are we to buy our Solar Energy in Dollars?

 

My article A Fresh Look at Solar Energy -Devoid of preconceptions and bias for and against.(https://island.lk/devoid-of-preconceptions-and-bias-for-and-against/) highlighted the many aspects of this most valuable resource, that mother nature has endowed on us in Sri Lanka and the need for most careful plans and programmes to gain the best advantage to Sri Lanka ,

The objective should be broader than the mere addition of energy to the grid. This would contribute to the national economy much more than what is given by the amount of electricity generated, by way of highlevel employment, development of local entrepreneurs and possibility of upstream and downstream integration not to mention the savings in foreign exchange.

With the current moves to implement the 100 MW Solar Park in Siyambaladuwa, it is most important that the other relevant issues are given due consideration.

 

Looking at the larger picture

The President’s goal of 80 RE as expressed in the “0Vision for Prosperity and Splendour” is based on a number of far reaching concepts. The reduction of Sri Lanka’s dependence on imported fossil fuels and thereby ensuring the future energy security, is the most apparent and noteworthy goal. But along with it should come the additional spin off benefits which would accrue, whether specifically stated or not. Only by ensuring these spin-off benefits, while reaching the primary goal, that the “Splendour” of the vision would be achieved.

I am repeating here these important principles which should not be lost sight of at this critical juncture, and the opportunity be lost forever. These principles to ensure that Sri Lanka truly achieves future energy security and the additional advantages are

 

* The energy industry must at least now strive to become a National Industry. The competency of our entrepreneurs and technologists this is already well proven.

*The entrepreneurship in the energy sector should be viewed as a major potential contributor to the growth of the GDP, not a mere service in ensuring the energy supply for other sectors in the economy to grow.

*The development of Renewable Energy resources and services is a significant avenue of developing employment opportunities.

*The reduction of the drain on foreign exchange by eliminating the continued use of imported fossil fuels.

*In case of bioenergy the added advantage of multiple spin off benefits to the rural economy, with the added advantage of being a source of firm power, with no drain of foreign exchange

 

The challenge now is to ensure that the adherence to these principles is held as sacrosanct in the efforts to develop the larger solar and wind projects in the pipe line.

 

The Pitfalls to be avoided.

I am addressing these remarks on the Siyambaladuwa 100 MW solar project in particular, but similar consideration must be given for any other such solar and wind projects too.

The desire for the CEB to have large power plants in one location is acceptable from their point of view. However, both Wind and Solar Projects have the advantage that any size of project conceived however large, consists of a large number of solar panels currently reaching over 500 watts per panel and a discrete number of wind generators, which too have now reached capacities of 5 MW each. Therefore, the packaging of the number of individual units for a particular project is made purely on economic considerations.

What is important to realize is that such considerations must take into account, the principles outlined above to gain the greatest advantage to the country, which unfortunately seems to be glossed over by the planners, for various reasons. A holistic view in a national perspective would highlight the immense direct financial value and other economic and social benefits and energy security on one hand and the potential dangers in overlooking these on the other hand.

Let us look at the Siyanbaladuwa project as the example before any unwise decisions are made.

 

The project capacity – 100 MW installed

Targeted Grid Substation – Moneragala

Land Acquisition – Already made

 

Sri Lankan entrepreneurs and engineers have already proven their capacity of developing projects up to 10 MW. Therefore the logical policy should be to plan this project to be awarded to ten local entrepreneurs, to handle packages of 10 MW, properly structured and managed by the CEB, by National Competitive Bidding, so that the tariff would be in Sri Lanka rupee terms considering that we don’t have to pay for our sunshine. And there would be no drain on foreign exchange except for the initial one-time expenditure on import of the necessary equipment and a limited amount for any minimal spares imports only. The local entrepreneurs and the lending institutions and even the smaller investors in the stock exchange have shown their eagerness to contribute to this form of national venture. So, there is no validity in any argument on the availability of funds or the technical capabilities.

The alternative would be to invite foreign participation, usually couched in arguments of lack of adequate expertise, which as shown above are not tenable in the present situation, and the lure of so called ” Foreign Direct Investment ” and inward flow of Dollars at this critical juncture. But the question must be asked is, in how many such projects approved by the BOI, how much funds were sourced from the local banks limiting the credit available for the local entrepreneurs. The most blatant example is the Korean Investor in the Thulhiriya Textile Mill, who vanished leaving a multibillion loan unsettled for a local bank.

In the present situation the conditions are even worse. Let us assume that the investor would bring in the total capital required. Which may be assumed as US $ 100 Million for the 100 MW by one or more foreign investors. It is clear that they would have the advantage of the currently depleted cost of funds in the global market, which is not available for the local competitors in an open international tender. However, it is certain that the foreign investor in exchange would demand a Dollar Linked Tariff. Using an estimated final tariff of US $ 0.07/kWh, the following interesting numbers emerge.

(See image 1)

 

So against a dubious inflow of $ 100 Million we would be sending out 260 % , all of which other than the initial capital could have been retained in Sri Lanka. Moreover, with the ever depreciating rupee, this amount of dollar would be costing us much more in rupee terms. Let us be generous to assume that the a mere 3% depreciation of the rupee annually. Therefore this drain would amount to a colossal Rupees 75.8 Billions over the 20 year project life including cost of spares. .

Against this, for an initial foreign exchange cost of US $ 80,000,000 for a group of local companies the entire expenditure over the project period would be Initial capital on US$ . 80,000,000 plus the Import component of spares during project period @ 1.5 % of capital per year. If this is also adjusted @ 3% Depreciation per year the total foreign exchange drain is Rs 23.06 Billion only, against the Rs 75.8 Billion mentioned above.

These differences are illustrated in the chart below. (See images 1 and two)

 

This is the basis for my question in the title of this article. We will by spending in Dollars for the use of our own sunshine, which we could harness ourselves for a similar or lower cost in rupees and also ensure the much desired energy security and reduction of drain on foreign exchange.

The folly of a similar nature was permitted during the Mahaweli Project downstream development. The project packaging was done in a manner to exclude the local contractors and the awards were made to foreign companies. However, the actual work was done by local contractors on sub contracts very competently. But their experience still remains unaccepted for prequalification of the larger scale of projects. Many decades after, such monumental follies need not be repeated. We must not make the mistake of falling, during daytime, into the pit that we fell into at night, as the local saying goes.



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Proactive peacemaking becomes a paramount need

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Wasting wars: Some war-displaced people in Lebanon. BBC

It may be some time before the full impact of food inflation is felt in the West. Until such time the world would continue to keep itself in suspense over whether the Trump administration is in earnest when it seeks to convey the impression that it is backing a negotiated solution in West Asia.

As is usually the case, consumer stress would be one of the final determinants of political change. To the degree to which the average US consumer somehow ‘muddles through’ and puts the food on the table, to the same extent would the Republican sections of the US public in particular be tolerant of the Trump administration’s inconsistent handling of the West Asian war and the main issues stemming from it. That is, there would be no grave popular disaffection and a demand for political change in the short term.

However, the indications are that the Trump administration’s support base is suffering some erosion in the wake of the current economic crisis. While reports indicate that Democratic sections are firming-up their opposition to the political centre, Republican support for Trump is also showing signs of waning, we are given to understand.

The above developments are probably why Trump is on record as having given Israeli Prime Minister Benjamin Netanyahu a ‘dressing down’ recently on his seeming intransigence on the question of giving negotiations a chance in West Asia. The show of displeasure could be really aimed by Trump at containing the impatience of the American public.

However, the current ground situation in the Middle East, particularly the uncontained bloodshed, is likely to impress on the thinking sections of the world that more than temporary political change is needed in West Asia and the US.

A well thought out political solution that addresses all the contentious issues at the heart of the Middle East conflict is what enlightened opinion would demand, and very rightly. Right now, the ‘peace efforts’ initiated by the Trump administration give the impression of being piecemeal solutions at best.

There have been, of course, numerous initiatives in the past aimed at bringing permanent peace to the Middle East. These failed mainly because they did not address in full the root causes of the conflict.

At bottom the Middle East conflict is mainly about race and religious hate bred by socio-economic and material inequalities. For instance, if the Palestinian people were not displaced and deprived of land occupied by them at the time of the founding of the Israeli state, ethnic enmities would not have grown to the current unmanageable proportions.

When addressing the above questions, though, it must be remembered that the Israelis too were a displaced people who were entitled to land and a state of their own in the Middle East. Basically, out of these seemingly irreconcilable and conflicting demands have grown the Middle East imbroglio.

Middle East peace is considerably about reconciling these demands and arriving at a solution that would ensure the creation of two states that would opt for peaceful co-existence thereafter.

As long as the US does not see the need for a non-partisan solution that addresses the needs of both ethnicities and religions and goes all-out, as it were, to have it implemented, the Middle East would continue to bleed.

However, staunching the blood flow through the creation of two states would be only half the job done, though a very important part of it. More pernicious, pervasive and difficult to remedy are the inter-ethnic and inter-religious hatreds that have been unleashed over the decades.

However, if substantial, long-lasting peace is to be fostered in the region the latter ‘demons’ would need to be exorcised from the hearts and minds of the communities concerned. No doubt an uphill task but one that must be undertaken by those who wish the region well.

The UN would need to put its ‘best foot forward’ in such undertakings but it is time that it dawned on the international community and other caring quarters that Middle East peace, and all other such uphill challenges, require proactive peacemaking on the part of all civilized sections for their effective management. That is, public involvement in peacemaking too is a must.

Since hatreds are harboured in the human consciousness the enmities embedded in the latter need to be managed and defused judiciously alongside other undertakings in a peace process. In the case of West Asia, such enmities could be even spread globe-wide besides being multi-dimensional. For instance, it ought to be thought-provoking that Iran is insistent on a peace initiative that would also include Lebanon.

Besides security considerations it is also ethnic and religious affiliations that account for Iran making this demand. For instance, the Shias are a numerically important religious community in Lebanon and they provide a significant number of Hizbollah fighters, who are in a vital sense carrying out a ‘proxy war’ for Iran. It also needs to be factored in that Iran is a Shia-majority country.

Thus trans-border religious affiliations could add to the complexities and enormity of ethno-religious conflicts. However, the task of managing centuries-long enmities needs to be launched and prodded on with by peacemakers since a downing of arms alone would not guarantee substantive peace.

It is not realized sufficiently that the process of ending hatreds begins with mutual apologies by antagonists to a conflict for the harm inflicted on each other. This would be anathema in some ears but there is no getting away from the requirement. It is the vital first step to permanent peace anywhere.

In fact there could be no reconciliation worth speaking of without such mutual apologies. It is a point worth re-iterating in these times when even the government of Sri Lanka is voicing the need for national reconciliation. Well, without the words, ‘I am sorry’, there could be no permanent end to enmities – they would do well to remember.

The above requirements may not go down very well with governments, but they resonate in the hearts and minds of most people, since they are inheritors of religious traditions of some kind.

This is a principal reason why peacemaking works well when publics too are involved in them. The effectiveness of such campaigns increases several fold when they have a Mahatma Gandhi or a Jawaharlal Nehru at their helm. A strong proactive involvement by the public in peace could lead to the emergence of such leaders at some point in these campaigns.

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Dialog Brings Sri Lanka’s Largest Digital Vesak Experience to Matara

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From left to right: Hon. Saroja Savithri Paulraj, Hon. Sunil Handunnetti, and Lasantha Theverapperuma experience the Dialog 5G Ultra-powered VR tours.

Official Digital Partner of the 2026 ‘Dakshina Prabha’ National Vesak Zone

Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, collaborated with the Ministry of Buddha Sasana, Religious and Cultural Affairs to bring one of Sri Lanka’s largest and most technologically advanced Vesak experiences to the ‘Dakshina Prabha’ National Vesak Zone. The three-day celebration, in Matara attracted more than hundred thousand visitors, who engaged with a series of innovative digital activities powered by Dialog 5G Ultra, including Artificial Intelligence (AI) and Virtual Reality (VR) experiences, digital pandols and a Data Dansala. The opening ceremony was attended by Hon. Sunil Handunnetti, Minister of Industry and Entrepreneurship Development and Hon. Saroja Savithri Paulraj, Minister of Women and Child Affairs, along with distinguished guests and Dialog’s senior management.

One of the key attractions at the venue was the Dialog 5G Ultra-powered Virtual Reality (VR) experience, which attracted more than 35,000 participants. The activation enabled devotees to virtually visit and pay homage to sacred Buddhist sites, including the Jaya Sri Maha Bodhi in India and the Atamasthana in Anuradhapura, directly from the Vesak zone in Matara.

Visitors receive complimentary mobile data through Dialog’s QR-powered Data Dansala.

Dialog also conducted an AI Digital Vesak Greeting Card Competition from 21 May to 01 June 2026, attracting numerous entries from across the country. The shortlisted designs were showcased across 20 large LED screens throughout the venue and across Matara City, and were also made available for download via mobile devices. Further, through the use of AI, traditional Jathaka Katha were reimagined in a digital format, demonstrating how technology can be used to preserve and enhance cultural and religious heritage. Together, these initiatives blended traditional Vesak celebrations with emerging technologies, offering visitors a unique and immersive way to engage with Vesak traditions.

 Extending the spirit of Vesak through connectivity, Dialog conducted a special Data Dansala powered by its QR Reload platform, enabling visitors to receive complimentary mobile data by scanning QR codes placed across the venue. In addition to the Matara National Vesak Zone, similar Data Dansala activations were also conducted at the Gangaramaya and Bauddhaloka Vesak zones in Colombo.Visitors also had the opportunity to create personalised Vesak-themed digital photos through an AI Photo Booth, generating AI-enhanced portraits using their own photographs and adding a contemporary digital element to the Vesak celebrations.

Visitors watch AI-generated Jathaka Katha

Commenting on the initiative, Hon. Sunil Handunnetti, Minister of Industry and Entrepreneurship Development, said, “The 2026 Dakshina Prabha Vesak Festival marked the first time AI-powered digital innovations were incorporated into a National Vesak Festival in Sri Lanka. Presenting Buddhist stories and teachings through technology created a new and engaging way for visitors to connect with these traditions. We thank Dialog for supporting this initiative and for working closely with us to bring our vision to life. Their contribution played an important role in making this first-of-its-kind event a reality.”

 Lasantha Theverapperuma, Group Chief Marketing Officer of Dialog Axiata PLC said, “We thank the Government of Sri Lanka for the opportunity to support the 2026 Dakshina Prabha National Vesak Festival and for embracing technology as part of this year’s celebrations. As the Official Digital Partner, we were privileged to contribute through our Dialog 5G Ultra and AI capabilities, creating new ways for visitors to engage with Vesak traditions while preserving their cultural significance for future generations.”

Beyond supporting the National Vesak Zone in Matara, Dialog also enhanced the Gangaramaya and Bauddhaloka Vesak zones through a range of digital activations during the Vesak season. The company additionally continued its sustainability initiatives, including the Thirasara Aloka Poojawa, which illuminated rural places of worship through solar-powered lighting solutions.

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Beauty, elegance and talent…for women

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Universal Woman is an international pageant focused on “beauty, elegance, and talent” for women, positioning itself as a platform to shape global ambassadors. The 2026 edition will be held in Cambodia, and Sri Lanka will be there, as well.

According to reports coming my way, contestants, at the international event, will work with industry trailblazers, under international standards.

Sri Lankan supermodel, runway and pageant trainer Chulpadmendra Kumarapathirana, is the National Director for Universal Woman Sri Lanka 2026.

With over two decades in the industry, Chula was crowned Miss Sri Lanka 2006, and has since shaped the next generation of titleholders through her Colombo-based Chulpadmendra Catwalk Studio, widely regarded as one of the country’s leading modelling academies.

The team behind Universal Woman Sri Lanka 2026

A former host of Derana Miss Sri Lanka for Miss World 2008 and a judge for Miss Universe Sri Lanka 2025, Chula now serves as National Director for Universal Woman Sri Lanka 2026, leading the franchise’s search for Sri Lanka’s delegate to the international final in Cambodia.

Applications for Universal Woman Sri Lanka 2026 are being taken, via WhatsApp: 077 659 4994, says Chula.

The judging panel for Universal Woman Sri Lanka 2026 includes Senaka De Silva, Pageant Aesthetic Advisor & Chairperson of the Judging Panel, Angela Seneviratne, Caroline Jurie, Rozelle Plunkett, and Suraj Mapa.

Universal Woman Sri Lanka 2026 officially began its journey with a first round of auditions, held in Colombo, marking the start of an exciting new chapter in Sri Lanka’s pageant industry.

Launching the first round of auditions

The platform aims to empower women while selecting an intelligent, confident, and inspiring representative to compete at the Universal Woman International Pageant 2026 in Cambodia, this September.

Universal Woman Sri Lanka now moves forward with the vision of creating one of the country’s most prestigious and empowering pageants while preparing to crown a queen who will proudly represent Sri Lanka on the international stage.

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