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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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Ms. M.K.D.N. Madampe, appointed as Director General of the Department of Management Services

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The Cabinet of Ministers has approved the resolution furnished by the President in his capacity as the Minister of Finance, Planning and Economic Development, to appoint Ms. M.K.D.N. Madampe, an officer of the Sri Lanka Administrative Service in the Special Grade who is currently serving as an Additional Director General of the Department of Management Services, to the post of Director General of the Department of Management Services with immediate effect.

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Cabinet approves collaboration agreement between Sri Lanka and Brazil for the implementation of the “Sugarcane Project in Sri Lanka”

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At present, approximately 90% of the country’s sugar requirement is met through imports, resulting in a considerable expenditure of foreign exchange. Therefore, the necessity of obtaining international technological assistance for overcoming the loopholes and challenges existing in the local sugarcane
sector has been identified.

Taking that situation into consideration, the Ministry of Industries and Entrepreneurship Development of Sri Lanka, the Sugarcane Research Institute, and the National Science Foundation, together with the Brazilian Cooperation Agency and the Federal University of São Carlos, have planned to implement a project titled the “Sugarcane Project in Sri Lanka.”

Through the proposed project, it is expected to obtain the expertise and experience possessed by Brazil, as a global leader in sugarcane production, for the purposes of increasing sugarcane yield and sugar production in Sri Lanka, enhancing the technical capacity of stakeholders through training and
knowledge exchange, promoting value addition and the efficient utilization of by-products, and strengthening institutional capacity within the sugar production sector.

Accordingly, the Cabinet of Ministers has approved the resolution furnished by the Minister of Industries and Entrepreneurship Development to implement the proposed project over a period of 36 months under the framework of
the Technical Cooperation Agreement signed between the two countries in 2008.

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Cabinet approval for Implementation of a Project for the Joint Exchange of Genetic Resources between Sri Lanka and Vietnam and the Development of High-Yielding and Salinity-resilient Rice Varieties.

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With the objective of improving the productivity of paddy cultivation, a Memorandum of Understanding on cooperation in the agricultural sector was entered into on 2025-05-05 between the Department of Agriculture of Sri Lanka and the Vietnam Academy of Agricultural Sciences.

Under the afore Memorandum of Understanding, both parties have agreed to implement a project titled “Joint Exchange of Genetic Resources and Development of High-Yielding and Salinity-resilient Rice Varieties through Hybridization between Sri Lanka and Vietnam.”

The activities proposed to be carried out under the said project include the exchange of germplasm materials of rice varieties between the two countries, the conduct of joint breeding and hybridization programmes, the evaluation and selection of advanced breeding lines under local conditions, the establishment of field trials, the training of research officers, and the exchange of knowledge.

Accordingly, the Cabinet of Ministers has approved the resolution furnished by the Minister of Agriculture, Livestock, Land and Irrigation for the implementation of the proposed project

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