The Ministry of Power and Energy aims to empower the country in generating effective and profitable power. The project is being implemented to make Clean Energy generation a reality, which has been under discussion since 2005.

Lanka Transformers Limited (LTL), the majority shareholder of the Ceylon Electricity Board (CEB) has received Cabinet approval for the construction of the Lakdhanavi Power Plant premises.

Marking the first year of President Gotabaya Rajapaksa’s first year in office, Construction work on the Lakdhanavi Natural Gas Power Plant is scheduled to begin in late November.

At present, about 35% of Sri Lanka’s national power generation comes from diesel power plants and the cost of production per unit is as high as Rs.30 and LNG power plants can reduce it to Rs.15.

The Ministry of Power and Energy aims to reduce the contribution of diesel generation to the National Grid to 5% by 2025 and provide energy to the national economy by providing low-cost services to electricity consumers.

Power and Energy Minister Dullas Alahapperuma said the Ministry of Power and Energy is focusing on the construction of such power plants with the aim of achieving 70% of Sri Lanka’s electricity generation from clean and renewable energy sources by the year 2030.