Cabinet approval to revise ‘RoofTop Solar’ tariff rates

Date:

The Cabinet has granted the approval to revise tariff rates on RoofTop Solar power systems, revealed Power and Energy Minister Kanchana Wijesekara.

The Minister wrote on his official twitter handle today (25) that two tier current tariff rate of Rs. 22 and Rs. 15.50 will be revised to a flat rate of Rs. 37 for less than 500 kilowatts and Rs. 34 for above 500 kilowatts RoofTop Solar for twenty years.

These tariffs will be adjusted annually based on a formula, he added.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

Colombo Stock Market Stages Recovery Amid Renewed Buying Momentum

Colombo Stock Market Stages Recovery Amid Renewed Buying Momentum

Sri Lanka Sees Sharp Rise in Ageing Population, Health Experts Warn

Sri Lanka Sees Sharp Rise in Ageing Population, Health Experts Warn

Navy Launches Rescue Mission for Missing Fishermen off Sri Lanka’s Southeastern Coast

Navy Launches Rescue Mission for Missing Fishermen off Sri Lanka’s Southeastern Coast

Nationwide Campaign Against Drug Abuse Set to Begin Today

Nationwide Campaign Against Drug Abuse Set to Begin Today