⚡ NSO Pledges to Settle Rs. 10 Bn IPP Arrears Soon

• Current Status: The National System Operator (NSO) has settled approximately Rs. 3 billion out of Rs. 10 billion in outstanding arrears owed to independent power producers (IPPs) as of May 2026. • Remaining Dues: Around Rs. 7 billion remains outstanding. IPPs previously noted that an additional Rs. 2.5 billion becomes due every month, with payments halted since December 2025. • Impact: The delays have placed nearly 400 renewable energy companies—primarily local small and medium-scale enterprises—under severe financial stress. • Outlook: NSO Chairman Dr. Pradeep Perera stated remaining payments will be cleared once expected funding is received, though a specific timeline has not yet been provided due to competing creditor obligations.