Chairman of the Presidential Task Force on Economic Revival and Poverty Alleviation former Minister Basil Rajapaksa has instructed the Ceylon Electricity Board (CEB) to expedite the construction of 100-kilowatt solar power plants and connect them to 7250 transformers across the country within the next three years. Ceylon Electricity Board (CEB) Chairman, Engineer Vijitha Herath said […]
CEB to purchase 150 MW solar power
Colombo : The Ceylon Electricity Board (CEB) has decided to purchase 150 megawatts of electricity from solar power plants to the national grid. The CEB chairman Vijitha Herath said the purchases would be made at as low as Rs. 10 per unit. He states that another 150 megawatts will be purchased for the CEB before […]
CEB predicts 7.5% sales growth in 2020-21
In terms of electricity demand growth and investment needs, single-buyer and transmission licensee Ceylon Electricity Board (CEB) forecasts that sales will grow at the rate of about 7.5% until 2021 and then decline to about 5% per year by the end of the decade. The peak demand is forecasted to cross 3,000 MW by 2020 […]
Sri Lanka’s CEB to buy from small solar power at Rs14.24 a unit
ECONOMYNEXT: Sri Lanka’s state-run Ceylon Electricity Board is to purchase power from a small solar power plant at 14.24 rupees a unit, under own operate (BOO) basis. The cabinet of ministers had approved the purchase of power from a plant build by Gold Corporation Lanka (Pvt) Ltd, under Sri Lanka’s ‘Soorya Bala Sangramaya II” or […]