Decision on revising electricity tariffs dragged in

Date:

Following Power and Energy Minister Kanchana Wijesekara’s submission of the much argued proposal to increase the electricity tariffs to the Cabinet yesterday (02), the members decided not to make an immediate decision regarding the matter.

Accordingly, the Cabinet concluded that a final decision regarding the revision of electricity tariffs be taken at the next week’s Cabinet meeting.

The electricity tariff revision leading to astronomically high electricity bills has already met with a severe backlash from a number of parties including the Opposition political parties, trade unions and overall, the general public.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

Sri Lankan Corporate Sector Rebounds as Exports and Tech Drive Growth

Sri Lanka’s corporate sector is regaining momentum in 2025,...

Colombo Inflation Creeps Up Amid Food Price Surge despite Long-Term Stability

Sri Lanka’s consumer inflation in Colombo is beginning to...

German Firms Eye Growth in Sri Lanka despite Global Headwinds

German-affiliated companies in Sri Lanka are expressing renewed confidence...

Sri Lanka Apparel Sector Resilient Amid US, UK Export Decline

Sri Lanka’s apparel sector continues to demonstrate resilience despite...