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.
