The Public Utilities Commission of Sri Lanka (PUCSL) declared that the revised electricity tariffs for the second half of 2025 will be announced before the end of this week. This annoucement has come in the wake of IMF warning that the next tranche of the USD 3 bn Extended Fund Facility (EFF) wouldn’t be made available to Sri Lanka until the government met the conditions in place, including cost reflective electricity tariffs,
A media statement from the Communications Division of the PUCSL said that the review process related to the proposal submitted by the Ceylon Electricity Board (CEB) was in its final stage, following the public consultation process.
PUCSL has said: “A public consultation process was conducted regarding the CEB’s proposed electricity tariff revision for the second half of 2025 — which includes a proposed 18.3% increase. The process of reviewing the written and verbal feedback provided by the public is now in its final phase. Additionally, the assessment of the proposal’s compliance with the tariff methodology is also nearing completion. Therefore, it is expected that the final decision on what the electricity tariffs will be for the next six months and when they will be implemented can likely be announced within this week.”
Political sources said that the previous government in July 2024 enacted the Economic Transformation Bill with the support of the Opposition, which refrained from asking for a vote in line with the consensus reached with the IMF.
In the run-up to the parliamentary polls last November, President Anura Kumara Dissanayake promised a 30 percent decrease in electricity tariffs.