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

Monday, 9 May 2022 03:05 - - {{hitsCtrl.values.hits}}

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.