[Sri Lanka] - Electricity tariff revisions expected soon, PUCSL says CEB to send proposals

INSUBCONTINENT EXCLUSIVE:
The General Public Utilities Commission of Sri Lanka (PUCSL) states it expects the Ceylon Electricity Board (CEB) to send proposals related
to the 2nd electricity tariff revision of the year within the coming week.PUCSLs Director of Communications, Jayanath Herath, mentioned that
if there is to be a modification of electricity tariffs in June or July, the appropriate proposals ought to be sent to the Commission in
May.Once the proposals connected to the electricity tariff modification are received, the Commission is set up to study them and announce
its decision within three to 6 weeks.During this period, popular opinions will likewise be required regarding the proposed revisions.The
International Monetary Fund (IMF) asked for a revision of electricity tariffs, and appropriately, the government revealed that tariff
modifications will be made.However, as of now, the CEB has actually not yet submitted the needed propositions to the PUCSL.The initially
tariff modification this year took place on January 17, and there PUCSL chose to decrease tariffs by 20%.