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The initiative is a critical step in Sri Lanka's ambition to generate 70% of its electricity from renewables by 2030. By integrating large-scale energy storage, the project will reduce reliance on fossil fuels, lower carbon emissions, and enhance the stability of renewable. . The Maha Oya Pumped Storage Hydropower Project, Sri Lanka's first-ever 'water battery,' announced by the Ceylon Electricity Board (CEB) last week, is estimated to cost around $ 1 billion, with construction set to be completed by 2031 provided the CEB successfully completes the detailed design of. . The Maha Oya Pumped Storage Power Station is a 600 MW pumped-storage power station being developed in the Aranayaka and Nawalapitiya areas of Sri Lanka. Upon completion, it will be the country's first energy storage facility, and one of the largest power stations in Sri Lanka in terms of nameplate. . The Ceylon Electricity Board (CEB) has announced that it is making significant progress toward launching the Maha Oya Pumped Storage Hydropower Project, the country's first-ever “Water Battery.
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