This paper reviews the current status of Sri Lanka's power sector, assesses PHS potential in Sri Lanka, and examines the benefits of PHS development for Sri Lanka. INTRODUCTION. Abstract: Pumped hydro storage (PHS) is a well-established technology for storing energy in large quantities and over long periods. The central highlands, where the country's major hydropower plants. . The Ceylon Electricity Board (CEB) is preparing to launch the Maha Oya Pumped Storage Hydropower Project, known as Pumped Storage Power Plants (PSPP), its first-ever 'Water Battery', located in Aranayake and Nawalapitiya. This 600-megawatt initiative, spearheaded by the Ceylon Electricity Board (CEB), will store surplus energy from solar and wind power, ensuring a. . As Sri Lanka moves steadily toward a cleaner and sustainable energy future, energy storage is an emerging component of this transformation. The rising electricity demand driven by economic and population growth, along with the target of achieving 80% renewable energy integration by 2030, presents. .