Law to be amended to allow any person to apply for license to generate electricity

• SL Electricity Act to be amended to lift restrictions on issuing of license for power generation
• Cabinet approval given last month and Bill published in Gazette

The Sri Lanka Electricity Act will be amended to allow any person to participate in a bidding process for the generation of electricity.

Cabinet approval to amend the Sri Lanka Electricity Act No. 20 of 2009 was given last month and a draft Bill approved by the Attorney General has been published in the Gazette.

The Bill makes provision to allow any person to apply for a license to generate electricity, and to take away the restriction imposed on a person to be eligible to apply for the issue of a generation license to generate electricity over and above the generation capacity of 25 MW, and allows any person to apply for the same without any demarcation on the generation capacity.