The Ceylon Electricity Board says it is of the view that electricity tariffs must be increased under the prevailing situation.
When contacted by NewsRadio, the Deputy General Manager of Corporate Strategy and Regulatory Relations at the CEB Nihal Weeraratne said it is a challenge to move forward without increasing electricity tariffs.
Weeraratne said electricity is the only service that has not yet undergone a price increase adding the CEB is no longer able to maintain the current pricing.
He said they are unable to generate hydropower during the months of January, February, and March due to the lack of rainfall adding a few areas will receive slight rainfall in April.
The Deputy General Manager said the Electricity Board is capable of generating thermal power but also noted that Thermal Power Plants require diesel, naphtha, and furnace oil to generate power.
Weeraratne said funding is required in order to source the three fuel types.
He said the Ceylon Petroleum Corporation has said it unable to provide the fuel without being paid.