The Ceylon Electricity Board has sought a 13.56% electricity tariff increase for April to June 2026, citing a projected Rs. 15,847 million deficit. The proposal, now before the Public Utilities Commission of Sri Lanka, aims to stabilize finances and ensure supply reliability.
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The Ceylon Electricity Board has reported estimated direct losses of Rs. 2.796 billion linked to four coal shipments supplied to the Lakvijaya Power Plant. The losses were attributed to low-grade coal that failed to meet the required calorific value of 5,900 kcal/kg, resulting in reduced efficiency and higher fuel consumption.
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The Cabinet of Ministers has approved the Renewable Energy Resources Development Plan 2025–2030, a key policy framework aimed at meeting 70 percent of Sri Lanka’s electricity demand from renewable sources by 2030 and supporting the country’s goal of carbon neutrality by 2050.
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Sri Lanka plans to roll out a nationwide pilot program for smart meters in early 2026 as part of the National Electricity Policy’s digitalization push.
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The Ceylon Electricity Board has posted a Rs. 9 billion loss for the nine months ended September 2025, reversing a massive profit recorded last year and raising fresh concerns over electricity tariffs and IMF reform targets.
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The Ceylon Electricity Board Engineers’ Union (CEBEU) has raised concerned about the purported assignation letters issued to employees of the CEB claiming to be under and in terms of the Sri Lanka Electricity Act.
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The Ceylon Electricity Board (CEB) has been restructured into four separate entities under the provisions of the new Electricity Act.
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NEWS OF THE DAY
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Sri Lanka’s state-run Ceylon Electricity Board (CEB) reported a sharp drop in profits for the June 2025 quarter,
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Sri Lanka’s Ceylon Electricity Board (CEB) has invited international tenders for 160 megawatts of battery energy storage systems (BESS)
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