NSO Requests Additional 15% Electricity Tariff Increase Amid Rising Fuel Costs

Sri Lanka's National System Operator (NSO) has formally requested the Public Utilities Commission of Sri Lanka (PUCSL) for a further 15% increase in electricity tariffs. This proposed hike is for the second quarter of 2026 (April-June) and would be in addition to a 10% increase already implemented for the same period. The NSO, responsible for managing the power grid, cited rising fuel prices, operational constraints, and changes in electricity generation plans as primary reasons for the revision. An updated report submitted to the PUCSL highlighted a shift towards diesel-powered generation at some plants, alongside impacts from recent rainfall forecasts and newly added power plants. The utility provider warned that escalating fuel expenses and logistical challenges threaten its financial stability.