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Final word on electricity tariff hike in two weeks

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By Shiran Ranasinghe

The Public Utilities Commission of Sri Lanka (PUCSL) will announce the new tariffs for electricity in two weeks.The period allocated for public consultations on the tariff review ended on Thursday. On Thursday, 50 people proposed recommendations and presented their ideas to the PUCSL on the proposed power tariff hike.

The PUCSL will take this into consideration when reviewing the tariffs.PUCSL Chairman Janaka Ratnayake said they were considering a tariff hike of about 60 percent.

“This is a reasonable increase, given that we have not increased tariffs in eight years,” he said.

Ratnayake said the CEB had asked for a higher tariff increase and that without a tariff hike now, the CEB may collapse.

“The price of everything has gone up. A lot of inputs needed for electricity generation have increased, too,” he said.

Ratnayake said the CEB had asked the PUCSL to approve an 82% increase in tariffs for the year 2022 under Section 30 of the Sri Lanka Electricity Act No. 20 of 2009.

The PUCSL Chairman said that while they will approve a tariff hike, but the CEB must take immediate steps to implement PUCSL recommendations made in 2014.These recommendations will reduce the operating costs of the utility significantly.

“They are the implementation of proper agreements to generate and supply electricity from power plants owned by the Ceylon Electricity Board; the implementation of a proper agreement method for electricity transactions between the Transmission and Distribution Divisions (between licensees) of the Ceylon Electricity Board; the introduction of a proper system for keeping separate accounts for the financial activities of the various divisions of the Ceylon Electricity Board (Generation, Transmission and Distribution) and the determination of the subsidy requirements and the introduction of an independent audit system for the process of purchasing electricity,” he said.



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IMF Executive Board approves US$206 Million in Emergency Financial Support for Sri Lanka

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The IMF Executive Board approved emergency financing under the Rapid Financing Instrument (RFI),  providing Sri Lanka with immediate access to SDR 150.5 million (about US$206 million,
equivalent to 26 percent of quota) to help Sri Lanka address the urgent needs arising from the catastrophic Cyclone Ditwah and preserve macroeconomic stability.

 

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Navy clears major bridge obstructions in Peradeniya and Lewella

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In response to severe weather impacts, the Sri Lanka Navy conducted a diving and technical assistance operation on Friday (19 Dec 25) to clear major debris obstructing vital infrastructure.

Heavy rainfall caused a significant rise in the water level of the Mahaweli River, washed  large quantities of debris, including logs and bamboo, downstream. These  remain lodged in the Diyakapanathota in Gatambe, Peradeniya and Lewella bridges, obstructing the smooth flow of water.

Acting promptly upon request, a Navy diving team executed a coordinated operation in collaboration with the Road Development Authority. The team removed the accumulated debris, restoring normal water flow through the bridges.

 

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Landslide early warnings issued to the districts of Badulla, Kandy, Kurunegala, Matale and Nuwara-Eliya extended till 8AM on Sunday (21)

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The Landslide Early Warning Centre of the National Building Research Organization (NBRO) has extended the Landslide Early Warning issued to the districts of Badulla,  Kandy,  Kurunegala,  Matale and Nuwara-Eliya till  08:00AM on Sunday (21st December 2025)

The LEVEL III RED landslide early warnings issued to the Divisional Secetaries Divisions and surrounding areas of Medadumbara, Doluwa, Ududumbara and Minipe in the Kandy district,  and Nildandahinna, Hanguranketha, Mathurata and
Walapane have been extended.

LEVEL II AMBER   landslide early warnings have also been issued to the Divisional Secetaries Divisions  and surrounding areas of Soranathota, Hali_Ela, Passara,  Meegahakivula, Badulla, Lunugala and  Kandeketiya in the Badulla district,  Thumpane, Harispattuwa, Udapalatha, Kundasale, Akurana, Poojapitiya, Udunuwara, Pathadumbara, Pasbage Korale, Gangawata Korale, Hatharaliyadda, Yatinuwara, Ganga Ihala Korale, Panvila, Pathahewaheta and Deltota in the Kandy district,  Rideegama in the Kurunegala district,  Ukuwela, Naula, Matale, Ambanganga Korale, Rattota, Pallepola, Wilgamuwa, Yatawatta and Laggala Pallegama in the Matale district,  and Nuwara-Eliya in the Nuwara-Eliya district.

LEVEL I YELLOW landslide early warnings have been issued to the Divisional Secetaries Divisions and surrounding areas of  Uva Paranagama, Welimada, Haputhale, Haldummulla, Ella and
Bandarawela in the Badulla district, Alawwa, Mallawapitiya,
Polgahawela and Mawathagama in the Kurunegala district,  and Kothmale East, Ambagamuwa Korale, Kothmale West, Thalawakele and Norwood in the Nuwara-Eliya district.

 

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