Sri Lanka

In an effort to meet rising energy demand and achieve economic objectives, the state-owned oil company Ceylon Petroleum Corporation (CPC) has invited bids to both build a new refinery and modernise existing facilities at the Sapugaskanda plant.

In pursuit of greater energy security, Sri Lankan policymakers have signed three major liquefied natural gas (LNG) deals with the governments of China, India and Japan. Expected to add 1400 MW to installed capacity, the transnational agreements will play a key role in mitigating unreliability in hydropower supply while bolstering foreign...

Although the world remains largely dependent upon fossil fuels for power generation, a gradual transition towards renewable sources has been taking place since the 1990s, underpinned by multilateral deals such as the Kyoto Protocol, the Doha Amendment and, more recently, the Paris Agreement. Investment and development in renewable technologies...