President Ranil Wickremesinghe emphasized that the renewable energy sector should become the primary driver of economic growth in Sri Lanka over the next decade, similar to how the garment industry was developed as a key economic sector by the government in 1977.
The President highlighted that the government has a strategic plan to transform Sri Lanka into a surplus producer of renewable energy. He noted that there is always a market for excess energy, and expressed his willingness to participate in the proposed India-Singapore power line connection if it comes to fruition.
President Wickremesinghe made these remarks while inaugurating the first phase of Sri Lanka's first natural gas power plant, the Kerawalapitiya "Sobadhanavi " Combined Cycle Power Plant, this morning (28). The "Sobadhanavi " power plant, designed by Lakdhanavi Ltd., is a significant infrastructure project aimed at expanding the country's electricity supply, which is essential for supporting Sri Lanka's long-term economic growth. The plant will contribute an additional 350 MW of capacity to the national grid.
The first phase of the Sobadhanavi Power Plant, commissioned today, includes an F-class gas turbine with a capacity of 220 MW. This phase is expected to significantly enhance the national grid by providing a reliable source of electricity. The second phase, set for completion by early 2025, will increase the plant's capacity by an additional 130 MW through the installation of a steam turbine. This turbine will utilize the heat produced as a by-product of the gas turbine in the first phase, improving overall efficiency and eventually bringing the plant's total output to 350 MW.
The Sobadhanavi Power Plant is poised to play a significant role in Sri Lanka's economic and social development. It will provide a stable and affordable energy supply, support industrial growth, create jobs, and contribute to overall economic stability. The combined cycle process is expected to meet approximately 12% of the country's current electricity demand, directly benefiting thousands of workers and indirectly impacting millions of citizens nationwide.
At the inauguration ceremony, President Ranil Wickremesinghe unveiled the plaque and formally declared open the Sobadhanavi Power Plant. He also inspected its operations and participated in a group photo with the staff. The President added the plant's initial 220 MW capacity to the national grid, marking the occasion with a commemorative entry in the special guest book.
During his address, President Wickremesinghe emphasized that renewable energy is crucial for achieving the climate change program's goals by 2050. He also noted that success in this area could open up further opportunities for Sri Lanka in both the Asian and African regions.