Energy Minister says Cabinet approval granted to increase electricity tariffs

The Cabinet of Ministers has granted the approval to amend the general policy guidelines pertaining to an electricity tariff hike, said Energy Minister Kanchana Wijesekara.

The Cabinet approval granted to amend the general policy guidelines for the electricity industry and to implement a cost reflective electricity tariff to be implemented from January, 2023, the Minister wrote on Twitter.

A final decision in this regard would be made after having discussions with the Public Utilities Commission of Sri Lanka (PUCSL), according to sources.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

Sri Lanka’s Biggest Battery Storage Push Targets Grid Stability

Sri Lanka is preparing to launch its largest-ever battery...

Reform Success Faces New Global Economic Threats

Sri Lanka’s latest IMF review has delivered more than...

Restructured but Not Relieved: Sri Lanka’s Debt Trap Persists

Nearly four years after Sri Lanka suspended foreign debt...

Fiscal Constraints Leave Welfare Safety Nets under Pressure

Sri Lanka’s welfare system is facing increasing strain as...