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Message: <blockquote data-quote="monson" data-source="post: 29923658" data-attributes="member: 30005">[USER=572450]@Tricle_Buwa[/USER] wade deela roof top solra walatathCabinet of Ministers approved to revise the tariff rates paid for New Roof Top Solar & Renewable Energy projects through the feeding tariff yesterday. A formula was adopted in 2022 taking into consideration the USD rate, interest rates & other economic factors to revise the tariff rates and increase the rates paid for Roof Top Solar development & the feeding tariff for other Renewable Energy development of less than 10MW. Yesterday the Cabinet of Minister approved the proposal by the Ministry of Power & Energy based on the stakeholder consultations & tariff committee report to revise the rates utilizing the same formula with the current economic indicators & benchmarking on rates received on competitive bidding & negotiated tariff projects for CEB in 2024. Accordingly the revised tariff rates for Roof Top Solar Development & RE Feeding tariff will be applied to all new projects from the 1st of July. Revised Roof Top Tariff - 20 Years flat rate Up to 500kW Rs 27.06 Over 500kW Rs 23.18 Revised Feeding Tariff - 20 years flat rate Solar - Rs 25.48 Mini Hydro - Rs 30.53 Wind - Rs 29.86 Bio Mass - Rs 52.77 - [MEDIA=twitter]1808027033269948903[/MEDIA]</blockquote>

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