PUCSL proposes 1.46% electricity tariff increase for fourth quarter

Daily Mirror, Tamilmirror and Newswire report that the National System Operator (NSO) withdrew its request to raise electricity tariffs for the October–December quarter of 2026. Lankadeepa, Ada Derana and Ada Derana (සිංහල) also report that NSO says an increase is not required for the quarter.

Newswire and Lankadeepa report that NSO initially sought a 2.88% increase. Newswire says the operator had cited a projected revenue shortfall of Rs. 4.4 billion. Daily FT and Daily Mirror report that the Public Utilities Commission of Sri Lanka (PUCSL), after a preliminary review, proposed a smaller increase of 1.46%.

Newswire reports that NSO announced its revised position at a stakeholder consultation held on the 5th, after PUCSL consultations on the proposed revision. Newswire says NSO based its decision on current reservoir storage and forecasts of above-average rainfall under El Niño conditions. It reports that stronger reservoir levels could allow more hydropower generation and reduce reliance on costlier thermal generation.

Newswire reports that PUCSL had said on the 4th that only a 1.46% revision could be considered in light of prevailing conditions. Newswire says a final decision will follow the consultation process, while Ada Derana reports that the decision is expected next week.

Written automatically by AI from the outlets’ own reports, and not reviewed by an editor. It can be wrong — the original report is the authority.