Sunday, 06 August 2023 15:06

Small Hydro Power Developers receive Rs. 30 billion in outstanding payments Featured

The Small Hydro Power Developers Association (SHPDA) says the industry recently received Rs. 30 billion in outstanding payments from the CEB, and dues have now come down to 10 months from 14.

However, the industry is faced with severe challenges, especially as vested parties are funding NGOs

to disrupt Small Hydro Power Develo-pers to achieve their business ends. The CEB must pay up to Rs.250 million daily for energy sourced from small hydro generators.

SHPDA President Thusitha Peiris told its Annual General Meeting recently that payments were secured during discussions with the CEB, the PUCSL and the Treasury.

 

 

 

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