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The Cabinet of Ministers on Monday approved Greenstat Hydrogen India Ltd. to conduct a feasibility study on a pilot project for generating green hydrogen using a floating solar and wind combination.
The move is a part of Sri Lanka’s plans to end the use of fossil fuels by 2050. It has been recognised that steps should be taken to minimise gas emissions in the industries where electricity and transport sectors as well as thermal power utilisation is occurring. The initiative will encourage green energy production and consumption by changing supply networks.
The Greenstat Hydrogen India is an affiliated body of Greenstat AS, Norway.
Accordingly, Sri Lanka Petroleum Development Authority (SLPDA) and Greenstat Hydrogen India will enter into an agreement to conduct the feasibility study.
The proposal tabled by Energy Minister Udaya Gammanpila was approved by Cabinet Ministers this week.