Energy Program: Sri Lanka

In June 2020, USAID provided a $600,000 grant to the National Association of Regulatory Utility Commissioners (NARUC) to support the Public Utilities Commission of Sri Lanka in analyzing Sri Lanka’s energy cost and tariff structure, in furtherance of President Rajapaksa’s objective of hydro and renewable sources accounting for 80% of Sri Lanka’s overall energy mix by 2030. The project will facilitate access to capital and attract investments to increase deployment of renewable energy and advanced technologies. It will also expand the private sector’s role in the power system, enhance competitiveness, and encourage adoption of energy efficiency standards.