Power and Energy Minister announces two updates on electricity

Colombo (LNW): “CEB proposal for the July 1st Electricity tariff revision has been submitted to the PUCSL this afternoon. CEB has submitted the proposal according to the Govt policy decisions & tariff filling requirements to adjust the tariffs biannually on January 1st & July 1st every year. CEB has taken into consideration the actual generation data, actual price of inputs, generation mix & forecast for 2023 while giving the maximum benefit of adjustments to low consumption users.“

The above remark has been made by Power and Energy Minister Kanchana Wijesekara.

He added: “With the 30th Cargo of Coal currently unloading at Norochcholai, the full coal requirement of CEB for this season will be completed. There will be No Black Outs or Power Cuts as speculated earlier by CEB unions & media reports due to Coal shortages.“

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