CEB moves to reduce payment rates for renewable energy

By Ifham Nizam

The Ceylon Electricity Board (CEB) is planning to pay renewable power producers at reduced rates though the power sector regulator, the Public Utilities Commission of Sri Lanka (PUCSL), recommended last year that they be paid more.

Small Hydro Power Developers’ Association Secretary General S. B. Niyangoda told The Island yesterday that a paper in that regard would be presented to the Cabinet tomorrow. Their understanding was that new the rates would not be favourable.

Independent power producers last year welcomed the move by the PUCSL to increase purchasing price for most renewable energy by more than 20 per cent.

Considering the grievances of the power producers, PUCSL Chief Dr. Jayatissa de Costa and his team came out with a flat 20-year rate, up 28 per cent, for new mini-hydro plants built in 2013.

The flat tariff for new mini-hydro plants was raised 28.07 per cent to  Rs 16.70 a kilowatt while those with locally made components were given a rate of Rs 17.15.

Wind power flat tariff was raised 6.12 per cent to Rs. 20.63 a unit and wind local was higher at Rs 21.22.

The rate for biomass Dendro - farmed firewood - was raised 21.21 per cent to Rs. 25.09 a unit and for biomass -agricultural waste - to Rs. 17.71.


animated gif
Processing Request
Please Wait...