SRI LANKA: Electricity (Procedure for Review and Adjustment of Tariffs) Rules No. 03 of 2016
The Electricity (Procedure for Review and Adjustment of Tariffs) Rules No. 03 of 2016 mandate that each Licensee shall, in accordance with the:
(a) Tariff Methodology specified under Section 30(2)(a) of the Act and approved by the Commission; and
(b) Tariff Review and Adjustment Detailed Procedure, make a tariff filing to the Commission for approval of their Allowed Revenue as well as Review and Adjustment of Tariffs.