For the first time in Sri Lanka, “green” power supply and consumption are formally recognized for the benefit of those manufacturers who would like to identify their production processes with environmentally benign sources of energy.
Sri Lanka's first ever Green Power Supply agreement of this kind is signed between Nilwalabase Hydro Power (Pvt) Limited, MAS Fabric Park Ltd, Thulhiriya and Public Utilities Commission of Sri Lanka (PUCSL) joining as the verification agency was signed on 2nd April, 2008 to recognize the consumption of the power supply.
Due to increased concern on global climate changes and associated mechanisms to cut down greenhouse gas emissions which contribute to global warming, there is a growing interest amongst the manufacturing community to shift away from using fossil fuels when satisfying its energy needs.
The best alternative to fossil fuels comes mainly from non-conventional renewable energy sources such as small-hydropower, biomass, wind power and solar energy.
Therefore, there is a worldwide trend in identifying manufacturing facilities with the use of these non-conventional renewable energy generation technologies. The production from such facilities can be then labeled as those based on these environmentally friendly energy sources called “green” energy.
In Sri Lanka there are “green” power plants like small-hydropower plants already connected to national grid. They already sell power to the CEBunder small power purchase agreements (SPPA) and they are paid small power purchase tariff offered by the CEB.