Business Industry Analysis

Solar Power Surge in Sri Lanka as CEB Clears Long-Standing Debts

Sri Lanka’s renewable energy sector is buzzing with renewed optimism after the Ceylon Electricity Board (CEB) finally settled outstanding dues of around Rs. 40 billion owed to solar power generation companies. This positive development, coupled with timely monthly payments moving forward, has created a “pleasant environment” for businesses according to Riyaz Sangani, Founder CEO of

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