Economics

Sri Lanka Sets New Rooftop Solar Rate at 27 Rupees Per Unit

  • July 23, 2024

Sri Lanka will set the rate for rooftop solar electricity at 27 rupees per unit starting July 2024, as announced by Power Minister Kanchana Wijeskera. This rate is intended to ensure profitability for solar operators while considering recent global price changes and local economic conditions. Previously, the rate was set at 37 rupees per unit

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Economics

Sri Lanka to Revise High Renewable Feed-In Tariffs After Competitive Tenders

  • June 28, 2024

Sri Lanka will reduce the high feed-in tariffs offered to renewable energy developers following low prices from a 50 MW tender for a power plant in Mannar, according to Minister Wijesekera. “With the new competitive bids coming in, the Ministry of Power & Energy has already taken steps to revise the feed-in tariff rates and

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