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Sri Lanka power utility seeks electricity tariff hike of 11.57-pct

ECONOMYNEXT – Sri Lanka’s Ceylon Electricity Board has sought a tariff hike to increase revenues by 11.57 percent including a recovery of part of the losses in the last quarter. The tariff revision proposal for the first quarter of 2026 was made considering factors such as fuel availability and prices, hydro inflows, plant maintenance schedules, energy demand, interest rates, transmission and distribution AR adjustments, reconciliation of actual BST in previous periods, and government policies to develop, CEB said. “Based on the above analysis, a deficit of LKR 13,094 million has been estimated for the period from January to March 2026…

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