PUCSL to seek public opinion on tariff revision

COLOMBO (News 1st); The Public Utilities Commission of Sri Lanka (PUCSL) has decided to seek public opinion on the proposed revision of electricity tariffs for the year 2022.

The Ceylon Electricity Board has proposed to raise its revenue by 82% with the implementation of the proposed tariff.

However, the PUCSL is of the view that the maximum revenue increase should not be more than 57% for which the Commission recommends the Treasury to pay Rs. 60 billion as the subsidy for Ceylon Electricity Board.

The Commission intends to conduct the Stakeholder Consultation as prescribed under section 17 of the Public Utilities Commission of Sri Lanka Act No. 35 of 2002 and according to the procedure approved by the Commission for Stakeholder Consultation.