CEB unveils plan for tariff reduction amidst surge in hydropower generation

The Ceylon Electricity Board (CEB) is gearing up to present a groundbreaking proposal to the Public Utilities Commission of Sri Lanka (PUCSL), seeking a substantial reduction in electricity tariffs.

This announcement was made by Power and Energy Minister Kanchana Wijesekera on ‘X’, revealing that the proposal is set to be submitted next week.

The imminent tariff reduction is a direct response to the heightened utilization of hydropower generation, made possible by record-breaking levels of rainfall in recent months.

Minister Wijesekera, who had hinted at a mid-January timeframe for the power tariff revision, signals a positive development for consumers eagerly awaiting relief.

In an unexpected twist, Minister Wijesekera also disclosed additional plans for comprehensive reforms within the CEB, which will be introduced in Parliament along with the necessary amendments for approval. Recognizing potential resistance to these reforms, he underscored the critical importance of maintaining uninterrupted services.

Minister Wijesekera asserted, “Instructions have been issued to the CEB management to suspend and take appropriate disciplinary action against any employee disrupting services or acting in violation of the guidelines issued by the CEB management.” 

This decisive action aims to ensure a seamless implementation of reforms while prioritizing the continuous provision of essential electricity services.