⚡ PUCSL Advocates Simple Wheeling Tariff to Drive Private Power Investment

• Overview: The Public Utilities Commission of Sri Lanka (PUCSL) is pushing for a transparent, simple, and cost-based wheeling tariff mechanism to unlock private power trading and boost capital investment. • Key Highlights: • Power Wheeling: Allows electricity from private generators to be transported through the national grid to third-party consumers. • Market Capacity: An estimated 15–20% of national electricity could eventually be traded via open market mechanisms. • Investor Readiness: Aims to let investors secure power before committing capital, critical for energy-intensive sectors like ICT/BPM (data centers) and large-scale manufacturing. • Current Status: Pricing discussions are at an early stage. Finalization of wheeling tariffs is expected soon, pending the gazetting of necessary regulatory legal frameworks.