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Sri Lanka electricity tariff hike of 18.3-pct sought by CEB after regulator driven loss

Summary by EconomyNext
ECONOMYNEXT – Sri Lanka’s Ceylon Electricity Board has sought a tariff hike to increase revenues by 18.3 percent including a recovery of part of the losses in the last quarter, under the instructions of the Treasury. Sri Lanka’s Public Utilities Commission ordered a 20 percent reduction in tariff when the utility asked to continue existing tariff leading to an 18 billion loss in the state-owned utility in a country that is recovering from sovere…
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ONLANKA News - Sri Lanka News - Latest Breaking News from Sri Lanka broke the news on Saturday, May 17, 2025.
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