India, Jan. 2 -- The Ceylon Electricity Board (CEB) submitted a proposal to the Public Utilities Commission of Sri Lanka (PUCSL) on December 24, 2025, seeking an 11.57% increase in electricity tariffs for the first quarter of 2026. This revision aims to address an estimated financial deficit of LKR 13,094 million projected for the January to March period.

Total expenditures for the quarter are expected to reach Rs. 137,016 million, while revenue at current tariff levels is estimated at only Rs. 113,161 million. The cost surge stems from several factors, including:

Generation Costs: Total energy and capacity costs for generation are projected at Rs. 100,822 million.

Operational Constraints: An annual demand growth of 3.72% is anticipate...