Try GOLD - Free
PUCSL says no electricity tariff hike for rest of 2025
Daily FT
|October 15, 2025
CEB estimates Rs. 21 b loss in Q4 However, PUCSL directs CEB to part-use Rs. 23 b profits for this year to offset loss Asks CEB, LECO to account for 2024 Rs. 60.5 b revenue surplus
-
ELECTRICITY regulator, the Public Utilities Commission of Sri Lanka (PUCSL), yesterday confirmed that electricity tariffs will remain unchanged for the final quarter of 2025.
Announcing the decision at a media briefing, PUCSL Chairman Prof. K.L. Chandralal said the Commission reached a unanimous conclusion after a detailed review of economic conditions and public submissions.
"The purpose of this conference is to officially announce the tariff decision for the last quarter of the year. The Commission (met on Monday and) made a collective decision after considering all factors and stakeholder feedback. We decided not to approve the increase proposed by the Ceylon Electricity Board and will maintain the existing tariff structure for the next three months," Prof. Chandralal said.
This story is from the October 15, 2025 edition of Daily FT.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Daily FT
Daily FT
COPF clears salary structure for revamped CIABOC
THE Committee on Public Finance (CoPF) has approved the proposal to determine salaries and service conditions for officers and employees of the Commission to Investigate Allegations of Bribery or Corruption (CIABOC), paving the way for recruitment under the country's strengthened anti-corruption framework.
2 mins
March 14, 2026
Daily FT
Govt. explores Russian fuel supply after US lifts sanctions
Follows India's favourable response to Sri Lanka's fuel request.
1 min
March 14, 2026
Daily FT
President discusses urgent measures, reviews ME crisis impact on economy
PRESIDENT Anura Kumara Dissanayake yesterday reviewed the potential economic fallout from the escalating conflict in the Middle East as the Government intensified monitoring of risks to energy supply, trade and domestic markets, according to the President’s Media Division.
1 min
March 14, 2026
Daily FT
NCC, CCC batsmen make merry under hot sunny weather
NCC and CCC made the maximum use of excellent batting conditions to pile up huge totals on the opening day of the Major Club 3-day Super Eights second weekend of matches which began yesterday.
2 mins
March 14, 2026
Daily FT
Oil holds near $100 as Middle East conflict fuels supply fears
BRENT crude remained close to $100 per barrel on Friday as global oil markets continued to react to the escalating conflict involving the United States, Israel and Iran, which is now approaching a third week.
1 mins
March 14, 2026
Daily FT
India eases FDI rules to allow limited Chinese participation in manufacturing
INDIA has approved changes to its foreign direct investment (FDI) framework that will allow investments from countries sharing land borders with India in selected manufacturing sectors, including electronic components, capital goods and solar cells.
1 min
March 14, 2026
Daily FT
Mazagon Dock secures majority control of Colombo Dockyard with 51% stake
COLOMBO Dockyard PLC yesterday said Mazagon Dock Shipbuilders Ltd. has secured majority control of the company after the conclusion of a mandatory offer to shareholders.
1 min
March 14, 2026
Daily FT
City of Dreams Sri Lanka, Cinnamon Hotels partner FitsAir for Ahmedabad-Colombo direct flights
CITY of Dreams Sri Lanka, in collaboration with Cinnamon Hotels and Resorts and Walkers Tours, have partnered with FitsAir, on their direct scheduled passenger flights connecting Ahmedabad and Colombo, enhancing connectivity for Indian travellers to South Asia's first fully integrated resort.
2 mins
March 14, 2026
Daily FT
CSE loses 1,009 points during week, Rs. 348 b value wiped out
THE Colombo stock market plunged for the second straight session yesterday to close the week in red on concerns about the economic impact of the Mideast crisis.
1 min
March 14, 2026
Daily FT
Asian markets fall on geopolitical concerns
ASIAN equity markets closed lower on Friday as rising oil prices and escalating geopolitical tensions in the Middle East weighed on investor sentiment across the region.
1 min
March 14, 2026
Listen
Translate
Change font size
