Categories: BusinessHeadlines

LNP – No electricity price reduction for next six months: CEB

Ceylon Electricity Board (CEB) has decided not to change electricity tari for six months and to go for a revision by mid next year, it was revealed yesterday.

This was revealed in the tari revision proposal which was handed over to Public Utilities Commission (PUCSL) by the CEB.

The proposal signed by CEB General Manager K. G. R. F. Comester said the decision was taken to maintain the current tari levels considering the importance of maintaining the estimated
surplus.

“A surplus of Rs 2,334 million has been estimated for 2025 warranting a tari reduction of 1.02 per cent. Any variation of the estimate whether an excess or shortfall, will be accounted for the bulk supply transaction account (BSTA) and considered in the next tari revision. In the light of this and to ensure nancial and operational stability while avoiding potential risks to the reliability of power supply, CEB proposed to maintain the prevailing tari structure for the rst six months of 2025,” the CEB said.

Tyronne Jayamanne

Recent Posts

LNP – India, Sri Lanka sign landmark defence pact during Modi’s visit

In a significant step towards bolstering bilateral ties, India and Sri Lanka on Saturday signed…

5 hours ago

LNP – India, Sri Lanka exchange seven MoUs

India and Sri Lanka exchanged seven MoUs covering areas such as defence, interconnection of two…

5 hours ago

LNP – Sri Lanka sends military team to assist Myanmar’s earthquake victims

A team of Sri Lankan tri-forces personnel, including medical staff, departed for Myanmar on a…

5 hours ago

LNP – CSE dips again amid ongoing global trade tensions

The Colombo Stock Exchange (CSE) extended its losses as uncertainty over global tariff negotiations continued…

10 hours ago

LNP – Excise earns record revenue of Rs.61Bn in 2025 first quarter

One of the three main revenue-generating arms of the country and the competent authority regulating…

10 hours ago

LNP – Cut our tax to 6% or drop tariffs to counter US move: Kalugamage

The best and only solution to the new tax rate imposed by the US is…

10 hours ago