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Part V · On-Grid and Off-Grid Renewable Energy Projects

19. Payment of royalty

Official English translation. The Sinhala text prevails. Open the official Sinhala text, official PDF on documents.gov.lk

(1)

A developer shall, for the period during which the permit issued is in operation, be liable to pay annually to the Authority as a royalty on renewable energy resources being utilized for the project, such charge as shall be determined by the Minister in consultation with the Minister in charge of the subject of Finance.

(2)

All sums of money paid as a charge under subsection (1), shall be credited by the Authority to the Energy Fund established under section 46.

Part VI

Acquisition and Leasing of Immovable Property for Projects

Part VII

Energy Efficiency and Conservation Programmes

Part VIII

Finance

Part IX

Staff of the Authority

Part X

General

Schedules