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Sri Lankas CEB makes Rs18bn loss in March quarter after regulator cuts price

Summary by EconomyNext
ECONOMYNEXT – Sri Lanka’s Ceylon Electricity Board has made a loss of 18 billion rupees in the March 2025 quarter, after the regulator forced a steeper tariff cut than proposed by the utility in the last revision. The tariff cut by the regulator had delayed an International Monetary Fund program, which requires cost reflective prices for utilities and avoid further debt. Sri Lanka breaches IMF benchmark after regulator cuts electricity prices CE…
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Lankaxpress broke the news in on Friday, May 16, 2025.
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