Sri Lanka will give expedited licenses for solar farms so that no light that falls on the island is wasted Power Minister Ravi Karunanayake said drawing a parallel with the words attributed to an ancient king in reference to rainwater.
“King Maha Parakramabahu said ‘Not a single drop of water that falls from the sky should be allowed to flow to the sea without being used,” Karunanayake told parliament.
“In the same way our government and ministry would like to implement a strategy where no ray of sunlight is wasted.”
He said under the current system it took about three to four years to get a license from the Sustainable Energy Authority and build a plant with an agreement from the Ceylon Electricity Board.
“In addition there were problems related to the re-sale of licenses,” Karunanayake said. “We want to set up a system where the LOI (letter of Intent) can be issued in two weeks.”
The standardized licenses issued by the Sustainable Energy Authority had come under fire for paying bloated feed-in tariffs in the past which were likened to a greenscams practiced in the West by the renewable energy lobby to get breaks or subsidies at the expense of society.
Renewable plants of 10MW were paid in excess of 22 rupees per unit, when global costs have fallen sharply.
In Sri Lanka itself small plants of 1MW each were awarded for around 16 rupees a unit on competitive tender. A large plants has been awarded for a price around 12 rupees but land acquisition problems had delayed its construction.
Credits : EconomyNext