The revision on electricity tariffs declared by the Public Utilities Commission of Sri Lanka (PUCSL) is problematic, said the Ceylon Electricity Board (CEB).
Despite the electricity tariffs being surged by 75 per cent the Board continues to incur a loss of about Rs. 45 billion, revealed Deputy General Manager of Corporate Strategy and Regulatory Affairs of the CEB Nihal Weeraratne.
He added that the CEB alone has the right to make decisions regarding the annual benefits and allowances of its employees and not the PUCSL.
The Deputy General Manager recently said in a television programme that the PUCSL will be informed about the issues in the new tariffs system in writing.