On Wednesday, the 18th of October, a crucial public consultation concerning the proposed increase in electricity tariffs is taking place at the Bandaranaike Memorial International Conference Hall (BMICH) from 9 a.m. The Chairman of the Public Utilities Commission Of Sri Lanka, Manjula Fernando, has disclosed that this consultation will involve discussions with 30 parties, including the Ceylon Electricity Board (CEB).
In recent developments, the PUCSL expressed concerns to the CEB regarding the data presented for the proposed electricity tariff increase, indicating that it may not align with the current state of affairs in Sri Lanka. In response to these concerns, the CEB has provided the PUCSL with a document addressing these issues.
CEB Chairman Nalinda Ilangakoon emphasized that the CEB is currently facing an operating loss of 22% and has submitted proposals to the PUCSL to address this challenge. The PUCSL Chairman has underscored that a final decision on the revision of electricity tariffs will be made after the conclusion of the public consultation on Wednesday.