November 10, Colombo (LNW): The Ceylon Electricity Board (CEB) has requested an additional two weeks from the Public Utilities Commission of Sri Lanka (PUCSL) to finalise and submit a revised proposal for electricity tariff adjustments.
This extension follows the CEB’s need for more time to refine the proposal, which remains incomplete.
Initially, the PUCSL had set a November 8 deadline for the CEB to present its updated proposal.
This requirement arose due to concerns surrounding inconsistencies in the earlier submitted formula for tariff changes, which raised questions about fairness and transparency.
The PUCSL urged the CEB to ensure that the revised tariffs accurately reflect both consumer needs and operational costs.
The CEB’s request for more time highlights the complexity of adjusting electricity rates in a way that balances affordability with the financial sustainability of the board.
Given the rising operational costs and fuel prices, the CEB is under pressure to revise its pricing structure while also addressing public concerns about affordability and accessibility.
