Draft electricity policy is driving investors away By Duruthu Edirimuni Chandrasekera View(s): View(s):Sri Lanka’s draft National Electricity and Tariff Policy has generated intense debate, particularly following discussions at the Parliamentary Oversight Committee. This is pushing renewable energy investors to leave the country and invest elsewhere or close shop entirely. The draft electricity policy developed by the Cabinet-appointed Committee on Formulating the National Electricity Policy was presented recently to the Minister of Energy. Ideally, an Electricity Policy should be aligned with a comprehensive and up-to-date National Energy Policy. “However, the draft Electricity Policy should be understood as a transitional instrument required to operationalise the new Act within statutory timelines.

Source: Sunday Times January 10, 2026 19:29 UTC