Sri Lanka, Nov. 12 -- President Anura Kumara Dissanayake has announced a sweeping package of energy sector reforms in the 2027 Budget aimed at bolstering national energy security, modernising distribution infrastructure, and accelerating renewable energy adoption.

Key infrastructure and supply initiatives include:

Expanded Fuel Reserves: Fuel storage capacity will be scaled up to guarantee a 45-day supply buffer.

Muthurajawela-BIA Pipeline: An allocation of Rs. 22.34 billion has been designated to construct a jet fuel pipeline linking Muthurajawela to the Bandaranaike International Airport (BIA), alongside the development of 92,000 metric tons of fuel storage.

Kolonnawa-Harbour Pipeline: Tenders have been issued for the Rs. 16,332 mil...