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The Sri Lanka Electricity Act, No. 36 of 2024 is a landmark legislative act enacted by the Parliament of the Democratic Socialist Republic of Sri Lanka. Certified on 27th June 2024, the Act introduces substantial reforms to the electricity industry in Sri Lanka, aiming to improve efficiency, attract investment, and promote the use of renewable energy sources.
The proposed connection involves the linking of the national grids of India and Sri Lanka via Rameshwaram in south India and Talaimannar in north-west Sri Lanka. The project involves the construction of a HVDC connection between Madurai in southern India and Anuradhapura in central Sri Lanka, through the Palk Strait. The link would measure ...
The commission has recently been assigned the task of producing Sri Lanka's long-term power generation plan in the middle of power shortages and an impending energy crisis in the country- the Electricity Supply 2020 and Beyond report has been the subject of minor controversy, with unionized employees of the Ceylon Electricity Board in ...
Xcel Energy is no longer appealing a state utility regulators' decision to limit a crucial profit measure, abruptly ending part of a protracted, bitter debate about electric rates and ultimately ...
Sri Lanka votes to elect a new parliament this week in a snap general election called by its Marxist-leaning president who wants a fresh mandate in the legislature to drive economic reforms in the ...
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Sri Lanka's electricity demand is currently met by thermal power stations (54.59%), major hydroelectric power stations (33.50%), wind farms (2.12%), small hydro facilities (8.01%) and other renewables such as solar (1.78%). [6] Sri Lanka as a whole last faced a major nationwide blackout in March 2016, which lasted for over eight hours. [7]
The Sri Lankan economic crisis [8] is an ongoing crisis in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]