Sri Lanka, Jan. 19 -- The government is likely to come under enhanced pressure to seek an electricity price revision -even at a higher rate- in the next revision in terms of the IMF prescribed cost-reflective pricing formula if any price revision is withheld for the first quarter of 2026, Daily Mirror learns.

Earlier, the Ceylon Electricity Board (CEB) sought a tariff hike to increase revenues by 11.57 percent including a recovery of part of the losses in the last quarter.

According to the CEB, price hike was sought citing reasons such as fuel availability and prices, hydro inflows, plant maintenance schedules, energy demand, interest rates, transmission and distribution AR adjustments, reconciliation of actual BST in previous periods, ...