The Ceylon Electricity Board (CEB) has submitted a proposal to revise electricity tariffs for the second quarter of 2026, seeking a 13.56% increase for the period from April 1 to June 30.
The proposal has been forwarded to the Public Utilities Commission of Sri Lanka (PUCSL) for review and approval.
According to the submission, the CEB estimates total net electricity generation for the April–June period at 4,578 gigawatt hours (GWh).
Power Generation Plan:
- Of this, 1,218 GWh is expected from hydro power generation.
- Thermal power is projected to contribute 1,957 GWh,
- while other renewable sources are expected to add 1,402 GWh.
- The anticipated hydro inflow for the quarter is estimated at 1,193 GWh.
The CEB forecasts total electricity sales of 4,230.3 GWh during the second quarter. Direct CEB sales are projected at 3,774.7 GWh. Sales to Lanka Electricity Company (LECO), measured at the 33 kV boundary, are estimated at 455.6 GWh.
Based on its financial assessment, the CEB projects a deficit of LKR 15,847 million for the April to June period. The Board states that the proposed 13.56% tariff increase is necessary to bridge this gap.
The CEB further noted that the revision aims to ensure financial and operational stability while reducing potential risks to electricity supply reliability.
The Board-approved tariff proposal has now been formally submitted to the Commission for evaluation and possible implementation.
In January, the PUCSL declined to revise tariffs for the first quarter of 2026. The Commission cited the CEB’s failure to submit a formal proposal within the required timeframe, along with defects in the initial submission.
It also noted concerns over imposing a high percentage adjustment within a shortened period.
The Commission had directed the CEB to submit the second-quarter tariff proposal on or before February 13, 2026.
Last modified: February 14, 2026
