Sri Lanka plans network of charging centres for electric cars

COLOMBO (EconomyNext) – Sri Lanka wants to set up an island-wide network of charging centres for electric cars with the help of private business and households, with a special off-peak power tariff, the energy ministry said.

Existing fuel pumping stations, supermarkets and also households could be part of the network, the ministry said. Analysts say car park operators could also set up charging centres.

Sri Lanka has given tax concessions for electric cars was reduced to 5 percent.

JB Securities in an analysis of data from Sri Lanka’s motor vehicle registry data said 15 electric cars were registered in January 2015 up from 4 a year earlier with Nissan Leaf units leading the charge.

The research house expected the category to grow as taxes on hybrids have been raised.

Though electric powered cars do not pollute the air and is useful for congested areas like cities, in Sri Lanka an increasingly large amount of power is now generated by three coal plants.

At the moment about 45 percent of power is generated from coal, but it goes up during the dry season as hydro generation falls. Petrol is generally considered a ‘cleaner’ than coal.

After the night peak, the plants are running below capacity because demand is low until people begin to wake up early next day.

A special tariff will be introduced between the hours of 2200 and 0400 for charging cars, the ministry said.

The statement quoted power minister Champika Ranawaka as saying that attention will also be paid to electrify railways.

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Update II