Sri Lanka, Nov. 4 -- The Public Utilities Commission of Sri Lanka has initiated the electricity tariff review for the fourth quarter of 2026.

While initial submissions from licensees pointed toward a required revenue increase of 2.88%, the Commission's preliminary review has brought that figure down to 1.46%.

The review operates under Section 29(10) of the Sri Lanka Electricity Act, balancing a total forecasted electricity supply cost of Rs. 157.3 billion against projected sales revenue of Rs. 154 billion.

Total generation demand for the final quarter is forecasted at 4,796 gigawatt-hours, with total generation costs estimated at Rs. 117.3 billion.

Major hydro accounts for nearly 32.3% of the mix, followed closely by other renewables ...