Sri Lanka opens doors for green hydrogen and ammonia investments

May 15, 2026 at 4:13 PM

Sri Lanka has formally invited domestic and international investors to participate in green hydrogen and green ammonia production projects, with the government aiming to position the island as a regional hub in the global clean energy market.

The Board of Investment (BOI), in collaboration with the Ministry of Energy, announced a Request for Information (RFI) process open from April 23 to June 5, 2026, calling on qualified investors, developers, and project operators to submit proposals. 

According to the BOI, the initiative marks what officials described as a decisive moment in Sri Lanka’s clean energy journey.

Sri Lanka has set ambitious targets: generating 70% of electricity from renewable sources by 2030 and achieving 100% carbon‑free power generation by 2050. 

The BOI said the new investment drive would help strengthen national energy security while establishing Sri Lanka as a regional centre for green hydrogen and ammonia production and export.

The government expects the green energy value chain to generate USD 1 billion in annual export revenue by 2030, leveraging the country’s abundant solar and wind resources and strategic location along major maritime routes. 

Green hydrogen and ammonia are increasingly used in shipping, steelmaking, fertilizer production, and transport, making Sri Lanka’s positioning as an export hub particularly attractive.

Interested parties can download the RFI form from investsrilanka.com or energymin.gov.lk. 

Completed submissions must be sent by 3:00 pm Sri Lanka time on June 5, 2026, to the BOI’s Investment Promotion and Research Department or via email to amalir@boi.lk.

The BOI emphasized that the RFI process does not constitute a binding tender or contract but is intended to gauge market interest, refine policy frameworks, and lay the foundation for future structured partnerships. (Newswire)