The Hon. Kumara Jayakody - Minister of Energy
Energy Minister Kumara Jayakody said the CEB has sought PUCSL approval for a tariff increase for October–December 2025, citing forecast below-average rainfall and an estimated hydropower output of 4,388 GWh. He stated that hydro and thermal plant maintenance scheduling is based on meteorological and operational forecasts, not arbitrary decisions. He said the cost estimate includes fuel, capacity charges, debt servicing, Uma Oya delay penalties, supply reliability projects, project management, and 2025 insurance reserves.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 [5.31 p.m.]
¶ 02 Hon. Presiding Member, time is short, so I will be brief. CEB has sought PUCSL approval for an increase covering Oct–Dec 2025. For that quarter, hydropower is forecast at 4,388 GWh based on current meteorological data showing below-average rainfall over the next three months. Major hydro and thermal plant maintenance is scheduled accordingly; decisions are made on that basis, not arbitrarily. Forecasts can sometimes miss; both possibilities exist.
¶ 03 On costs: the expenditure estimate reflects fuel costs, capacity charges, and debt servicing, as well as provisions for the Uma Oya delay penalties, projects to enhance supply reliability—such as the integration program—project management, and insurance reserves for 2025.
Provenance
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- Hansard, Thursday, 25 September 2025 ·No. 1759483897051145 ·English daily/uncorrected Hansard
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Cite as: The Hon. Kumara Jayakody - Minister of Energy. 10th Parliament, Parliament of Sri Lanka. Hansard, 25 September 2025. No. 1759483897051145. Politick, https://staging.politick.io/lk/speeches/20201