Sri Lanka to establish Rs. 398 million renewable energy training centre - Opportunity Sri Lanka
Sri Lanka to establish Rs. 398 million renewable energy training centre

Sri Lanka to establish Rs. 398 million renewable energy training centre

Newswire: Cabinet approval has been granted for the construction of a new renewable energy training centre under the Ceylon German Technical Training Institute (CGTTI) at an estimated cost of Rs. 398 million.

The proposed centre will be established on a 3.11-hectare land parcel in the Mayurapura Division of the Walawa Zone, owned by the Mahaweli Authority.

The project follows a Memorandum of Understanding signed on February 10, 2025, between the CGTTI and the Sri Lanka Sustainable Energy Authority (SLSEA) to address the growing demand for skilled personnel in the renewable energy sector.

The training facility is expected to function as a CGTTI-affiliated branch and will be located near the Kiribbanwewa Floating Solar Power Plant and the SLSEA’s Hambantota Training Centre, providing students with opportunities for practical training.

According to the Government, the centre will form part of a broader renewable energy training hub aimed at producing skilled technical professionals through training in energy efficiency, electrical and mechanical engineering, and renewable energy fields including solar, wind, hydropower and biomass energy.

The proposal to implement the project using domestic funds was presented by Prime Minister and Minister of Education, Higher Education and Vocational Education Harini Amarasuriya and received Cabinet approval.

OSL take:

Sri Lanka’s expanding renewable energy sector is creating a growing range of business/investment opportunities for foreign businesses/investors as the country seeks to strengthen energy security and increase the share of clean power generation. The Cabinet-approved Rs. 398 million renewable energy training centre at the CGTTI is an indication of the increasing demand for skilled professionals to support the sector’s expansion. The development of human capital alongside new energy projects will be crucial as Sri Lanka accelerates its transition towards renewable sources. Opportunities are emerging across solar, wind, hydropower, energy storage, grid infrastructure, equipment manufacturing, engineering and energy-efficiency services. Foreign businesses can play a key role by bringing investment, technology and expertise to support large-scale renewable energy projects and related infrastructure. With rising electricity demand and the need to diversify the country’s energy mix, Sri Lanka’s power sector is increasingly becoming an attractive area for foreign investment, particularly for businesses seeking business/investment opportunities in clean energy and sustainable infrastructure.

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Article Code : VBS/AT/20260811Z_3

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