Sri Lanka’s Ministry of Energy and Board of Investment (BoI) have issued a Request for Information for the development of green hydrogen and green ammonia projects, formally opening the country’s first government market-sounding process for the emerging clean fuel industry.
The RFI invites qualified local and international investors, developers and operators to submit project concepts for green hydrogen and ammonia manufacturing, export terminals, storage facilities and component manufacturing, the BoI said in a statement carried by EconomyNext. Submissions must be received by 1500 hrs Sri Lanka time on 5 June 2026.
“With offshore wind and solar potential already identified, Sri Lanka’s National Hydrogen Roadmap (2023) positions the country as a future regional hub for green hydrogen and ammonia production and export,” the BoI said. The agency described the call as the entry point for a wider procurement architecture that the government plans to roll out over the next 18 months.
The push aligns with stated targets of generating 70 percent of electricity from renewable sources by 2030 and achieving carbon neutrality in power generation by 2050. The country has also set a goal of US$1 billion in annual green energy export revenue by 2030.
In 2023, then-President Ranil Wickremesinghe told parliament that harnessing the renewable potential of the Northern and Eastern provinces through green hydrogen and ammonia production was a “key objective” of regional development plans. Green hydrogen is widely viewed as a future ship fuel that could replace fossil bunkers; green ammonia is produced from green hydrogen by adding nitrogen extracted from air using renewable electricity, and is increasingly traded as a hydrogen-carrier commodity.
The RFI lands as Sri Lanka’s renewable sector is also working through a parallel financial crunch, with SME power producers warning of an Rs.10bn unpaid claim against the state-owned NSO ahead of any new investment cycle.
Source: EconomyNext.
