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

Dairy Industry Slumps Despite Surging Demand  Milk Farmers Face Crisis

The Sri Lankan dairy industry is at a crossroads....

Exporters Urged to Prepare for New VAT Refund Regime

With Sri Lanka’s long-running Simplified VAT (SVAT) scheme now...

Economic Recovery Stalls as Policy Reversals Undermine Reform

Sri Lanka’s path to recovery remains woefully unfinished. While...

SL Construction Sector Gains Momentum, but Relief Delay Stalls Broad Recovery

Sri Lanka’s construction industry, long battered by economic turbulence,...