Sri Lanka’s renewable energy sector is likely to go to court over non-payment of arrears by the state-run Ceylon Electricity Board (CEB) as discussions with CEB officials prove unfavourable, the Federation of Renewable Energy (FRED) said.
According to data shared by FRED, the CEB had 10 months’ worth of arrears totalling 35.18 billion rupees dating back to October 2021.
However, in June, the government had promised to pay back the arrears in instalments of 100 million rupees per day but after a few payments in June, the industry said it has not received anything so far.
