10th Parliament· 154 sittings on record · 30,475 speeches · latest 10 June 2026

The Hon. Kabir Hashim

Samagi Jana Balawegaya· Kegalle· 25 September 2025 ·Adjournment: Adjournment Motion: Ceylon Electricity Board Financial Status and Tariff Reduction

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Hon. Kabir Hashim moved a motion opposing the Ceylon Electricity Board’s proposed 6.8 per cent electricity tariff increase for October–December 2025, citing PUCSL concerns about the regulatory basis for the pricing tables and questioning whether the claimed losses were justified. He argued that repeated tariff increases contradicted the NPP’s pledges on fair pricing and reducing electricity bills, and urged that the proposed revision not be implemented and bills be reduced by at least 15 per cent. He further challenged the Minister’s loss figures by referring to CEB monthly accounts showing reported surpluses from April to July and a projected profit in August, and tabled those reports in the Library.

Verbatim record (translated)

Machine-translated from Sinhala / Tamil / English

¶ 01 [4.59 p.m.]

¶ 02 Hon. Presiding Member, I move the following:

¶ 03 “Whereas the Ceylon Electricity Board (CEB) has claimed a loss of Rs. 9.525 billion over the past six months and has sought Public Utilities Commission of Sri Lanka (PUCSL) approval for an overall 6.8% tariff increase for October–December 2025; and whereas the PUCSL has indicated the pricing tables lack a clear regulatory basis and that CEB’s resource use does not justify such a large loss; and whereas in recent periods CEB has repeatedly increased tariffs despite scope for cost management; and whereas this seems aimed merely at satisfying IMF conditionalities;

¶ 04 Given the NPP’s policy pledges for fair, transparent pricing of electricity and petroleum and its candidate’s pledge to reduce electricity bills by one-third upon assuming office; and given sharp increases in indirect and cascading taxes have already driven prices of goods and services to unaffordable levels; this House urges that the proposed electricity tariff revision be not implemented and that electricity bills be reduced by at least 15%.”

¶ 05 Supporting points: The Minister’s claim of a Rs. 95.25 billion loss or a core deficit of Rs. 79.8 billion is not grounded in reality. According to CEB’s own monthly accounts: April showed Rs. 4.6 billion surplus; May Rs. 7.4 billion; June Rs. 41.1 billion; July Rs. 51.8 billion; and August also projected profit. I table these from CEB’s own reports.

¶ 06 Placed in the Library.

Provenance

Source
Hansard, Thursday, 25 September 2025 ·No. 1759483897051145 ·English daily/uncorrected Hansard
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Cite as: The Hon. Kabir Hashim. 10th Parliament, Parliament of Sri Lanka. Hansard, 25 September 2025. No. 1759483897051145. Politick, https://staging.politick.io/lk/speeches/20192