ECONOMYNEXT – Sri Lanka’s Ceylon Electrical energy Board has requested to maintain present tariffs for six months from January 2025, and the regulator stated it can give a ruling on January 17 after conducting public hearings.
9 public listening to could be held from December 27 to January 10 in every province.
Written submissions might be made until January 08 to [email protected] or whatsapp on 0764271030.
The employees of the Public Utilities Fee will evaluation and revise the tariff proposal earlier than public hearings.
Final July the ability tariffs had been reduce 22.5 p.c.
The CEB is forecasting internet technology of 8,636 GigaWatt hours from January to June with one coal energy plant to close for scheduled upkeep in June, in accordance with its tariff submitting.
Storage from higher rainfall can be used for the dry season within the first quarter.
CEB is projecting 2,216.9 GWh of hydro, 4,745 GWh of thermal and 1,674.7 GWh of different renewables.
The hydro influx of 1,786.1 GWh is estimated.
Whole prices from January to June 2024 was 268.69 billion rupees, with power value at 173.65 billion rupees. There was no power value for CEB hydro and CEB wind.
Capability value was 31.4 billion rupees.
Transmission allowed income was 12.1 billion rupees. The CEB stated transmission value template had errors on it.
Finance value was 7.2 billion rupees.
Distribution allowed income was 43.7 billion rupees.
Estimated income from present tariffs was 229.7 billion rupees, in opposition to prices of 268.6 billion rupees.
There was 41.2 billion additional income from the Jan to Sept 2024 interval from the allowed projection.
After that there was marginal surplus of two.3 billion rupees.
That allowed a tariff discount of 1.02 p.c.
“Nonetheless contemplating the inherent uncertainties related to hydroelectric predictions for the yr 2025, the projected surplus should be evaluated with warning,” the CEB stated.
“Due to this fact it’s prudent to acknowledge that the indicated surplus falls effectively throughout the margin on estimated error.
“Within the mild of this, and to make sure monetary and operational stability whereas avoiding potential threat to the reliability of electrical energy provide, the CEB proposes to take care of prevailing tariff construction for the primary six months of 2025.” (Colombo/Dec12/2024)
