COLOMBO, Jan. 2 -- Sri Lanka's state-owned power utility, the Ceylon Electricity Board (CEB), has proposed an electricity tariff increase of 11.57% for the first quarter of 2026, citing the need to boost revenues and partially recover losses incurred in the final quarter of 2025.

The tariff revision proposal, submitted to the Public Utilities Commission of Sri Lanka (PUCSL), estimates a revenue shortfall of Rs 13.09 billion for the period from January to March 2026, driven by a combination of operational, financial, and external factors.

In its filing, the CEB said the proposed increase was calculated after assessing fuel availability and global fuel prices, expected hydropower inflows, power plant maintenance schedules, projected elect...