[Sri Lanka] - CEB settles Rs. 4 billion in arrears to rooftop solar consumers

INSUBCONTINENT EXCLUSIVE:
The Ceylon Electricity Board (CEB) says it has settled accumulated arrears of approximately Rs
General Manager, Eng
G.I.D.H.K
Ranasinghe said in a media release issued today.During 2022, CEB says it was unable to settle the payment for rooftop solar customers in
implementation of a cost-reflective tariff on 15 February 2023, the utility has managed to commence settlement of monthly bills from
internal cash generation and accumulated arrears by raising loans from financial institutions despite the fact that settlement of previous
debt is not included in the tariff
of rooftop solar energy systems which is sizable compared with the day peak of the country is only 2700 MW including Rooftop solar.Rooftop