Press briefing of Cabinet Decision taken on 2023-12-11 (Subject to Confirmation at the next Meeting)

Establishment of a mechanism for expeditious decision making for the implementation of Renewable Energy Projects

- In order to meet the nationally determined contribution targets by the year 2030, the need to accelerate the implementation of renewable energy projects has been identified. At the Cabinet Meeting held on 2023‑11‑20, it was decided that a new mechanism should be introduced for the speedy implementation of renewable energy projects, taking into account the time it takes to implement such projects following the existing processes, as well as the inconveniences faced by the interested investors while working in accordance with such processes. Accordingly, the Cabinet approved the proposal made by the Minister of Power and Energy to appoint a Joint Standing Committee representing the following institutions to take decisions regarding renewable energy projects and to monitor the efficient and prompt implementation of those decisions by the relevant institutions:

* Presidential Secretariat- (Chairman)

* Prime Minister's Office

* Ministry of Finance, Economic Stabilization and National Policies

* Ministry of Investment Promotions

* Ministry of Wildlife and Forest Resources Conservation

* Ministry of Environment

* Ministry of Tourism and Lands

* Ministry of Industries

* Ministry of Power and Energy

* Ministry of Irrigation

* Ministry of Water Supply and Estate Infrastructure Development

* Sri Lanka Sustainable Energy Authority

* Ceylon Electricity Board