Cabinet approval has been granted to implement the Power Wheeling Facility only for new renewable energy projects in Sri Lanka.
Power Wheeling Facility is an approach that allows for collective use of the power grid, consisting of power transmission and distribution systems to deliver power to a location where power is needed.
Power Wheeling Facility enables the customer to utilize an existing electricity supply from another location using the existing grid, subject to payment of a fee, reducing costs effectively.
The government points out that as there is currently no legal provision to implement that system in Sri Lanka, a committee was appointed to conduct a detailed study and provide recommendations regarding that facility.
Accordingly, the Cabinet approved the proposal presented by the Minister of Power and Energy based on the recommendations of the committee to implement this facility only for new renewable energy projects. (Newswire)
