President directs to add 5,000 MW to national grid from renewable energy sources

INSUBCONTINENT EXCLUSIVE:
President Gotabaya Rajapaksa has given directives to make arrangements to generate 5,000 MW via renewable energy sources and add them to the
national grid within next six years, Minister of Highways Johnston Fernando says.As a part of the new programme, the approval of the cabinet
Fernando said, adding that the Indian company is expected to invest in several more similar projects here.The minister, who is also the
chairman of the cabinet sub-committee to expedite renewable energy projects, also stated that the government has decided not to delay any
increased annually by 5 to 8 per cent owing to new development projects, construction of more houses and new factories
The government is of the view to cover the increased demand making use of electricity generated from renewable energy sources.Minister
Fernando said that the focus of the cabinet sub-committee is centered on selecting suitable investors from those who had expressed their
willingness to invest in identified renewable energy projects, identifying new projects with higher feasibility, taking actions to reform
laws and regulations in an expedite manner to remove existing legal and other barriers, upgrading the facilities used for adding the power
generated from renewable energy sources to the national grid.
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