The Public Utilities Commission of Sri Lanka (PUCSL) has decided to keep the payments for rooftop solar power plants unchanged, despite recent revisions to rates for renewable energy projects. According to a circular from Ceylon Electricity Board (CEB) General Manager Dr. Narendra Silva, the rate of Rs. 37 per unit for solar electricity, set in
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
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