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)

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Sri Lanka is moving forward with plans to develop a hydrogen economy as part of its efforts to reduce carbon emissions and diversify its energy mix.

The Ministry of Power and Energy has identified green hydrogen as a viable alternative energy source aligned with both national and global climate goals. 

Initial steps include the launch of a National Hydrogen Road Map and the drafting of a renewable hydrogen policy, the government said. 

The ministry plans to hold public and stakeholder consultations to strengthen the policy framework and ensure compliance with local conditions, international safety standards, and performance benchmarks. 

The Cabinet has taken note of the measures presented by the Minister of Power and Energy for the sector’s development. (Newswire)

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