Minister reveals progress in electricity tariff revision talks

Date:

June 04, Colombo (LNW): Discussions were conducted with the tariff division of the Ceylon Electricity Board (CEB) yesterday to conclude the proposal for revising electricity consumer tariffs, Minister of Power and Energy Kanchana Wijesekera disclosed.

In a statement shared on ‘X’, he highlighted that the Government had established a policy mandate last year to enforce a cost-reflective tariff system, with tariffs scheduled for quarterly revision annually.

Subsequently, the tariff proposal for July will be presented to the Public Utilities Commission of Sri Lanka (PUCSL) this week, the Minister noted.

Share post:

spot_imgspot_img

Popular

More like this
Related

Fitch Flags Sri Lanka Debt Risks despite Budget Improvements

Fitch Ratings has sounded a cautionary note on Sri...

Asbury’s GK Takeover Signals Renewed Interest in Sri Lankan Graphite

AMG Critical Materials N.V. (AMG) has announced the sale...

Sri Lanka’s Economic Backbone Faces Breaking Point

The micro, small and medium enterprise (MSME) sector in...

Fragile Reserves Undermine Sri Lanka’s External Stability

Sri Lanka’s foreign exchange reserves, though showing modest recovery,...