World · Sri Lanka Bureau
Power utility rules out tariff hike for final quarter of 2026
Sri Lanka's National Power Generation Company has signaled it will not seek an increase in electricity charges during the fourth quarter of 2026. The announcement came during stakeholder consultations on the proposed tariff revision for October through December.
LSN Sri Lanka ·
National Power Generation (NSO) Pvt Ltd confirmed today that it will not pursue a tariff revision for the October-December 2026 period, providing relief to consumers facing potential rate increases.
The commitment emerged from stakeholder consultations held to discuss electricity pricing adjustments for the final quarter of the year. The utility's decision to forgo a tariff hike represents a significant development in ongoing discussions over power sector finances and consumer affordability.
The announcement addresses concerns among consumers and policymakers regarding rising electricity costs. NSO's position suggests the utility is managing its financial position without requiring additional revenue through tariff increases during this period.
The decision follows established procedures requiring consultation with stakeholders before any tariff adjustments take effect. This quarterly review process examines the utility's operational costs and revenue requirements to determine whether rate modifications are necessary.