Cabinet approves electricity tariff revision every three months

31 October 2023 12:35 pm Views - {{hitsCtrl.values.hits}} 4 Bookmark

CHATURANGA PRADEEP SAMARAWICKRAMA Follow

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The Cabinet today approved the electricity tariff revision every three months.The decision was taken considering the inconveniences the public has to confront.

Accordingly, the electricity tariff review period which was decided earlier to be six (06) months as per the existing general policy guidelines has been reduced to three months.

The Minister in charge of the subject of electricity is vested with the power to prepare a general policy guideline on the supply of electricity, subject to the approval of the Cabinet of Ministers as per the provisions of the Sri Lanka Electricity Act No. 20 of 2009.

The joint Cabinet proposal was furnished by the President in his capacity as the Finance Minister, Economic Stabilization and National Policies with the Minister of Electricity and Power to revise the relevant period as three (03) months to implement power dispatch audits of the Ceylon Electricity Board and strengthen hydroelectricity forecasts with the assistance of the Department of Meteorology so that the general policy guidelines already implemented can be revised. (Chaturanga Pradeep Samarawickrama)

Comments - 4

Nirmal Tuesday, 31 October 2023 01:12 PM

When are you recovering money from MPs who don't pay their bills?

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Nimal Tuesday, 31 October 2023 01:27 PM

We can be sure of the increases in the range that we had in the recent past every three months. Sooner the elections are held the better so that the people can end this wretched suffering under a heavily corrupt regime.

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Richard McNeil Tuesday, 31 October 2023 02:56 PM

Will the next lot be any different?

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Senior Citizen Tuesday, 31 October 2023 01:33 PM

HIKE FD RATES ACCORDINGLY FOR THE OLD PEOPLE WHO DEPEND ON FD INTEREST FOR A LIVING

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