Daily News Online

DateLine Monday, 22 September 2008

News Bar »

News: LTTE suspected of looting UN offices ...        Security: Air Force launches four attacks on Tiger targets ...       Business: DCSL Group posts Rs. 4,175mn profit ...        Sports: SSC enter final with eight wicket win ...

Home

 | SHARE MARKET  | EXCHANGE RATE  | TRADING  | PICTURE GALLERY  | ARCHIVES | 

dailynews
 ONLINE


OTHER PUBLICATIONS


OTHER LINKS

Marriage Proposals
Classified
Government Gazette

‘Energy sector must focus on indigenous sources’

Future energy policy should give more emphasis to the development of indigenous sources of energy and energy conservation as imported fossil fuels and indigenous sources are the future energy options available to Sri Lanka, Additional Secretary Ministry of Power and Energy T. M Herath said.

Making a presentation on “A broad policy overview of energy sector at a seminar organised by the Chamber of Construction Industry at the Hotel Galadari he said self reliance will be the ultimate solution and the National Energy Policy will be reviewed and updated in 2009 to suit future needs, spelling out policy declaration, implementing strategies and special targets, milestones and institutional arrangements.

The National Energy Policy Declaration consists of nine items which include providing basic energy needs, ensuring energy security, promoting energy efficiency and conservation, promoting indigenous resources, adopting an appropriate pricing policy enhancing energy sector management capacity, consumer protection and ensuring a level playing field, enhancing the quality of supply, and protection.

Separate strategies have been designed for each item.

Herath said the energy sector will be reformed and restructured to improve state and private sector partnership in its development and sector policy making and regulation would remain in the state sector.

However the operational areas will be open to both State and private sector. The electricity sub sector also will be reformed and measures to obtain maximum benefits from international arrangements such as the Clean Development Mechanism.

The Public Utilities Commission of Sri Lanka will be empowered to formulate project selection principles for energy sector supply side investments.

A central agency will be empowered to ensure that prescribed policy measures are implemented in respect of energy efficiency and non conventional renewable energy development according to Herath.

EMAIL |   PRINTABLE VIEW | FEEDBACK

Gamin Gamata - Presidential Community & Welfare Service
TENDER NOTICE - WEB OFFSET NEWSPRINT - ANCL
www.hotelgangaaddara.com
www.deakin.edu.au
www.lankanest.com
www.news.lk
www.defence.lk
Donate Now | defence.lk
www.apiwenuwenapi.co.uk
LANKAPUVATH - National News Agency of Sri Lanka
www.helpheroes.lk/
www.peaceinsrilanka.org
www.army.lk

| News | Editorial | Business | Features | Political | Security | Sport | World | Letters | Obituaries |

Produced by Lake House Copyright © 2008 The Associated Newspapers of Ceylon Ltd.

Comments and suggestions to : Web Editor