Electricity bills to be increased amidst the power cuts?

Date:

Nihal Fernando, Additional Financial Manager of the Ceylon Electricity Board says that there is a need to increase electricity bills at this time.

He points out that the CEB has to incur an additional cost of around Rs. 400 crore per month due to the need to generate more electricity using fuel.

He also said that the value of electricity bills due to electricity consumers has increased to Rs. 4200 crore and the issuance of red notices has commenced accordingly.

Share post:

spot_imgspot_img

Popular

More like this
Related

CG Corp Global Chairman meets Tourism Minister

DailyFT : Major Union Bank shareholder, CG Corp...

Soaring Share Prices of DIMO Stir Market Concerns Amid Tender Allegations

Soaring Share Prices of DIMO Stir Market Concerns Amid Tender Allegations

Parliamentary Motion Seeks to Extend Retirement Age for Judges in Higher Judiciary

Parliamentary Motion Seeks to Extend Retirement Age for Senior Judges

Hotel group boss says Sri Lanka must rebrand as a value destination

Hotel group boss says Sri Lanka must rebrand as a value destination