CEB moves forward with first-ever “water battery” to boost renewable energy

Saturday, 22 February 2025 01:05 - - {{hitsCtrl.values.hits}}

Aims to secure long-term funding from international agencies to minimise impacts on electricity tariffs, ensure affordability for consumers
Extends an invite to all stakeholders to support initiative

The Ceylon Electricity Board (CEB) yesterday announced significant progress towards launching the Maha Oya Pumped Storage Hydropower Project, first-ever “water battery” in the country, marking a major milestone in renewable energy storage and grid stability.

“This groundbreaking 600 MW project will store excess renewable energy from solar and wind sources, ensuring grid stability and supporting Sri Lanka’s goal of generating 70% of electricity from renewable energy by 2030,” a statement issued by the CEB noted.

The project, located in Aranayake and Nawalapitiya, will feature two reservoirs connected by a 2.5 km tunnel, operating as a large-scale energy storage system. By reducing dependence on fossil fuels and lowering carbon emissions, the project will play a crucial role in Sri Lanka’s transition to sustainable energy.

At a recent meeting, international development partners were introduced to the project’s financial roadmap.

CEB aims to secure long-term funding from international agencies to minimise impacts on electricity tariffs while ensuring affordability for consumers.

The Maha Oya project represents a major step toward energy independence, grid support for absorption of renewable energy, fostering economic growth, job creation and environmental sustainability.

CEB invites all stakeholders to support this initiative and drive Sri Lanka towards a greener, more resilient energy future.

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