SL, India to sign a deal to shift to renewable energy to generate power

Sri Lanka will sign a memorandum of understanding (MoU) with India to promote renewable energy as the Island nation aims to generate 70 per cent of its electricity requirements from renewable sources by 2030.

Sri Lankan Cabinet has given approval for a MoU on the cooperation in the field of renewable energy between the two countries, a Sri Lanka Cabinet spokesman said.

“The government has declared generating 70 per cent of the electricity requirement by 2030 from renewable energy sources to become independent in power supply and for neutralising carbon emissions by 2050,” the spokesman added.

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