Article

Sri Lanka's solar power companies are facing significant revenue losses as the Ceylon Electricity Board has yet to issue guidelines for a promised battery tariff of 46.80 rupees per unit, despite a cabinet decision made in June 2025. The lack of guidelines has led to curtailed solar power purchases, resulting in a 15% revenue decline and pushing some firms into debt. The urgency for guidelines is compounded by the CEB's inability to store energy, which hinders the implementation of necessary battery systems for energy storage.