The Public Utilities Commission of Sri Lanka (PUCSL) has announced that it is unlikely that a revision of electricity tariffs will take place this year, due to the Ceylon Electricity Board’s (CEB) delay to submit proposals.
Initially, the CEB submitted tariff revision proposals at the end of September, but the PUCSL found them inadequate and requested revised proposals by November 08.
However, the CEB sought multiple extensions since and the PUCSL has now extended the deadline to Dec. 06.
Even if revised proposals are submitted by this new deadline, the PUCSL has stated it will require six to eight weeks to review and finalize any adjustments. Therefore, any changes to electricity tariffs are now expected to be deferred until 2025.
