February 28, Colombo (LNW): The Public Utilities Commission of Sri Lanka (PUCSL) is set to convene on Wednesday (28) to make a final decision on the revised electricity tariff amendment proposal presented by the Ceylon Electricity Board (CEB). The PUCSL has assured that it will carefully consider the opinions and suggestions submitted by various stakeholders.
The Sectoral Oversight Committee on Alleviating the Impact of the Economic Crisis recently recommended a reduction of the current electricity tariff by at least over 20 percent. Minister of Power and Energy, Kanchana Wijesekera, informed Parliament that the CEB has proposed a reduction in the electricity tariff by the same percentage that was increased last October. The upcoming decision by the PUCSL will have significant implications for consumers and the energy sector in Sri Lanka.