Cabinet has approved a proposal to grant 219.233 hectares of land in Siyambalanduwa to the Sri Lanka Sustainable Energy Authority for the implementation of a 100MW solar power project.
The proposal to Cabinet was presented by the Minister of Power and Energy in keeping with the Government goal of fulfilling 70% of electricity demand of the country from renewable power sources by the year 2030.
The land will be given to the Authority as a grant taking into consideration the strategic importance of the proposed project,enabling its swift commencement.
Sri Lanka’s apparel industry has expressed concern over the Reciprocal Tariff policy announced by the U.S government today saying the new tariffs could significantly disrupt the country’s largest export sector and put thousands of jobs at risk.
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