Numbers.lk 🇱🇰
May 16, 2025 at 03:38 PM
🇱🇰 CEB's Q1 Loss: The Expected Result of Tariff Correction After Rs 51B Surplus
⭕ Ceylon Electricity Board recorded a Rs 17B loss in Jan-Mar 2025 following PUCSL's 20.08% tariff reduction implemented from January to June. This reduction was based on a projected Rs 44B surplus for CEB in H1 ( Jun-June) 2025.
⭕ Had the previous tariff continued, PUCSL estimates CEB would have recorded a staggering Rs 90B profit - making the case for consumer relief through lower rates.
#srilanka #energy #economy
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