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As enacted
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Part II · Powers, Duties and Functions of the Board

5. Powers, duties and functions of the Board

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

The Board shall exercise, perform and discharge the following powers, duties and functions :—

(a)

assist the Minister in the formulation of the national policy on energy;

(b)

identify, conserve and manage all renewable energy resources and appropriate conversion technologies, conversion and utilization norms and practices, including the :—

(i)

preparation, maintenance and updating of an inventory of all renewable energy resources in Sri Lanka, indicating the geographical location of sites, exploitable potential, land ownership and existing infrastructure facilities; and

(ii)

preparation, maintenance and updating of an inventory of all renewable energy technologies, indicating their level of maturity for commercial deployment and typical performance data;

(c)

develop a conducive environment for encouraging and promoting investments for renewable energy development in the country, including :—

(i)

development of guidelines on renewable energy projects and disseminating them among prospective investors;

(ii)

development of guidelines in collaboration with relevant state agencies, on evaluation and approval of on-grid and off-grid renewable energy projects;

(iii)

entertainment of applications for carrying on of on-grid and off-grid renewable energy projects;

(iv)

providing assistance to investors by formulating project proposals in new types of renewable energy resources and technologies;

and

(v)

exploring avenues and facilitating the process of overcoming technical or any other limitations that retard the growth of renewable energy development, in accordance with the national policy on energy;

(d)

analyse and recommend policies and prepare plans aimed at promoting and developing renewable energy resources, including :—

(i)

preparing long-term development plans with interim targets for specific technologies and promotion and facilitation of the implementation of such plans; and

(ii)

devising incentive mechanisms based on principles of competitiveness and specific technologies based on actual energy production;

(e)

develop a conducive environment for the encouragement and promotion of investments in renewable energy development, energy efficiency improvement and conservation, rural energy services and for ensuring the sustainability and well-being of the energy sector in the country, including :—

(i)

the promotion of programmes to mobilise funds for renewable energy development, promotion of energy efficiency, improvement

Sri Lanka Sustainable Energy Authority and conservation and rural energy services through credit enhancement and other facilities ; and

(ii)

the provision of funds, including subsidies and seed capital for pilot projects in renewable energy development, energy efficiency improvement, conservation and rural energy services that reduce the dependence on imported energy;

(f)

provide technical and financial assistance for capacity building of the energy sector stakeholders and for research and development activities carried out by any stakeholder, consistent with the objects of the Authority;

(g)

function as a National Technical Service Agency of

Clean Development Mechanism (CDM) in Sri Lanka that provides technical assistance to the Designated

National Agency for Clean Development

Mechanism and project developers, on energy sector clean development project activities, including —

(i)

design, develop and implement innovative schemes that assist project developers to overcome barriers and access commercial financing; and

(ii)

facilitate and assist project developers to access concessionary finances made available under any environment protection initiative by any organisation;

(h)

conduct preliminary studies and investigations in any geographical area to ascertain the renewable energy potential;

(i)

collect necessary data and carry out renewable energy resource planning and assessment within any

Development Area, subject to any directions that may be given by the Minster;

(j)

obtain relevant data required for renewable energy planning and assessment, from any public or private institutions or any other sources;

(k)

monitor, refine and follow up the approval process of on-grid and off-grid renewable energy projects in consultation with relevant agencies and to provide technical and other logistical assistance and facilities to such agencies to simplify the procedural requirements and to accelerate the project approving mechanism;

(l)

facilitate the access to green funds for investors in on-grid and off-grid renewable energy projects, for energy efficiency improvement and conservation measures and rural energy services;

(m)

provide funds and design, develop and implement credit enhancement facilities, such as loan guarantee schemes and access to commercial credit for investors in on-grid and off-grid renewable energy projects, investments in energy efficiency improvement and conservation and knowledge management in the energy sector;

(n)

enter into joint schemes with any person approved by the Minister, to achieve the objects of the

Authority;

(o)

render professional services and undertake projects connected with the development of renewable energy resources and the improvement of energy efficiency, energy conservation and demand

Sri Lanka Sustainable Energy Authority management for and on behalf of state and private sector organizations, and charge as fees such amounts as may be determine by the Board; and

(p)

initiate and implement any other programmes and do any other acts as may be necessary or conducive to the attainment of the objects of the Authority.

Read on from s 6

Part III

Project Approving Committee and Advisory Committees

Read on from Part III

Part V

On-Grid and Off-Grid Renewable Energy Projects

Read on from Part V

Part VI

Acquisition and Leasing of Immovable Property for Projects

Read on from Part VI

Part VII

Energy Efficiency and Conservation Programmes

Read on from Part VII

Part VIII

Finance

Read on from Part VIII

Part IX

Staff of the Authority

Read on from Part IX

Part X

General

Read on from Part X

Schedules