Asia Energy

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How would Sri Lanka benefit from building a grid interconnection with India?

Chapter | Energy & Utilities from The Report: Sri Lanka 2016

In 2015 and early 2016 the state rolled out a series of reforms and initiatives aimed at shoring up the country’s energy industry, including expanding the national electricity grid, particularly in rural areas; developing new renewable energy sources; opening up the hydrocarbons sector to greater foreign investment; and working to introduce a new fuel pricing formula, which has the potential...

Sri Lanka’s investment environment is set to become more balanced, transparent and predictable, with the elections of 2015 largely heralded as a win for inclusive governance, providing a fresh five-year mandate for an administration committed to economic revolution. As the country looks to broaden its investor base, it is hoped that policy changes and plans brought in by the new government will attract the added investment needed to help the country reach its growth goals.

A new wave of investments in Papua New Guinea’s energy sector could see some $19bn of projects launched in the coming years, boosting the country’s liquefied natural gas (LNG) output and providing employment to thousands. 

To ensure energy security and meet growing demand for electricity, the Indonesian government is looking to expand its generation capacity through a mix of traditional and alternative sources, including geothermal and new coal technology.

A new master plan in Vietnam has mapped out medium-term objectives for investment and development in the power sector to meet the goal of advancing industrial capacity. 

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