New hydro tariffs in Sri Lanka

6 March 2007


Sri Lanka would be offering cost based technology specific and three tiered tariffs for mini hydro, biomass and wind energy. Mini hydro standardized power purchase agreements already signed with the Ceylon Electricity Board (CEB) for 15 years are to be extended for 20 years if the operators opt for the new three tired tariff structure which pays higher rates during the initial years.

Sri Lanka now has 110MW of mini hydro connected to the grid.




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