BOI extends green hydrogen RFI deadline to secure large-scale project proposals

Saturday, 6 June 2026 00:43 - - {{hitsCtrl.values.hits}}

The Board of Investment (BOI) has extended the deadline for investors to respond to its Request for Information (RFI) on green hydrogen and ammonia development projects, signalling continued efforts to position the country as a potential participant in the emerging global market for low-carbon fuels.

The BOI, in collaboration with the Energy Ministry, announced that qualified investors, developers, operators and consortiums will now have until 19 June, extended from the earlier 5 June deadline, to submit proposals under what authorities described as the final extension of the non-binding investor outreach process.

The initiative offers insight into how the Government is assessing commercial interest in a sector expected to attract significant global investment over the coming decades as countries seek alternatives to fossil fuels and decarbonise heavy industry, shipping and fertiliser production.

Under the RFI, prospective investors are required to provide details of their financial strength, access to funding, previous experience in green hydrogen or ammonia projects, technology platforms, production capacity, export plans and expected foreign exchange earnings. Investors must also outline land, power and water requirements, project timelines, ownership structures and potential partnerships.

The information sought suggests authorities are evaluating the feasibility of establishing large-scale export-oriented projects linked to renewable energy generation, water infrastructure and global green fuel supply chains.

The Government has also requested investors to quantify potential contributions to employment generation, skills development, export earnings and Sri Lanka’s climate commitments, including Nationally Determined Contributions under international climate agreements.

Particular emphasis has been placed on the sourcing of renewable electricity and water, reflecting the resource-intensive nature of green hydrogen production. Investors are required to specify electricity supply chains, water demand, desalination requirements, wastewater management plans and site-selection criteria.

For investors, the exercise provides an early indication of Sri Lanka’s intention to explore opportunities in a market that could become increasingly relevant as demand for green fuels expands across Asia, Europe and the global shipping industry. The RFI process will also allow policymakers to gauge the scale of infrastructure, regulatory support and investment incentives that may be required to develop a commercially viable green hydrogen industry.