The Public Utilities Commission of Sri Lanka (PUCSL) has announced that an electricity tariff revision is unlikely to occur this year, citing repeated delays by the Ceylon Electricity Board (CEB) in submitting a revised tariff proposal.
Initially, the PUCSL deemed the reduction percentages in the CEB’s initial tariff revision plan insufficient, suggesting that more significant reductions were possible under current conditions. The Commission subsequently gave the CEB two weeks from November 8 to submit a revised proposal.
However, the updated proposal, due on November 22, was not submitted, and the CEB has requested an additional two weeks for its completion. As a result, the PUCSL indicated that any tariff revisions are likely to be postponed until next year.
CEB Employees Demand Bonuses Amid Profitability
In a separate development, the Ceylon Electricity Workers’ Union has urged the CEB Chairman to distribute employee bonuses by December 10, citing the Board’s return to profitability.
Union General Secretary Ranjan Jayalal stated in a formal letter that employees had not received bonuses for the past two years due to the Board’s financial losses. Now that the CEB is profitable, the union insists that its workforce deserves a share of the benefits.
