Minister reveals progress in electricity tariff revision talks

June 04, Colombo (LNW): Discussions were conducted with the tariff division of the Ceylon Electricity Board (CEB) yesterday to conclude the proposal for revising electricity consumer tariffs, Minister of Power and Energy Kanchana Wijesekera disclosed.

In a statement shared on ‘X’, he highlighted that the Government had established a policy mandate last year to enforce a cost-reflective tariff system, with tariffs scheduled for quarterly revision annually.

A discussion was held with the CEB tariff division yesterday to finalize the electricity consumer tariff revision proposal. The Government made a policy decision last year to implement a cost reflective tariff mechanism and that the tariffs will be revised quarterly every year.… pic.twitter.com/kTBxFz8LD9

— Kanchana Wijesekera (@kanchana_wij) June 4, 2024

Subsequently, the tariff proposal for July will be presented to the Public Utilities Commission of Sri Lanka (PUCSL) this week, the Minister noted.