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Electricity tariff to be reduced in greater margin than earlier proposed: Minister

21 February 2024 09:56 am - 15     - {{hitsCtrl.values.hits}}

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By Ajith Siriwardana and Yohan Perera

The government had decided to reduce the electricity tariff in a greater margin than proposed in the earlier proposal and that the amended proposal would be submitted to the Public Utilities Commission of Sri Lanka (PUCSL) shortly, Power and Energy Minister Kanchana Wijesekara said yesterday.

He told parliament that the Ceylon Electricity Board (CEB) had included expenditure in the proposal to complete the maintenance work which was due for the last four years within this financial year.

The Minister said the government instructed the CEB not to include the said expenditure for the current financial year and allocate the funds for the maintenance within the next three years.

He said the CEB was drafting a new proposal on electricity tariff after considering the various proposals made during the public hearing of the PUCSL and proposals made by various parties including engineers at universities on tariff revision to the CEB.

The Minister said the CEB was expected to complete its amendments to the proposals by Wednesday or Thursday this week and that the amended proposals would be handed over to the PUCSL which will make a final decision on the tariff revision.


  Comments - 15

  • S. K. S. Kumara Wednesday, 21 February 2024 10:03 AM

    Remember, this year is an election year.

    SM Wednesday, 21 February 2024 05:50 PM

    How much is the proposed unit cost? Would be great if someone can clarify this?

    Mahendran - Singappore (Non CB) Wednesday, 21 February 2024 10:14 AM

    Reduce by a greater %. Reasonable minimal would be 25%. That will also allow water bill value dilute. How much even an expatriat earn, cannot meet their home expenses.

    SujMan Wednesday, 21 February 2024 10:21 AM

    You can wonder why these corrupt buffalos got rid of the former PUCSL chairman.

    Ashley Wednesday, 21 February 2024 10:23 AM

    Thanks goes to NPP

    ranjith gatawa kandage Wednesday, 21 February 2024 10:49 AM

    We anticipate further dedication from the purposed people's govt in near future.

    Saliya Wednesday, 21 February 2024 04:40 PM

    Thanks to the NPP necessary maintenancactivities will be delayed by three years and end up costing us consumers much more in the longer run. Typical NPP economics!

    Citizen k Wednesday, 21 February 2024 05:34 PM

    Ashley all parties have been talking about it.

    ANTON Wednesday, 21 February 2024 10:28 AM

    HOPE IT WOULD BE A BIT GREATER THAN 3%.

    Tomfool Wednesday, 21 February 2024 11:14 AM

    Even you give utilities for free we will vote for NPP

    Alice Wednesday, 21 February 2024 11:29 AM

    All the carrot and beatroot been given to the election voters. Enjoy

    Meena Gamadada Wednesday, 21 February 2024 12:33 PM

    Yes, its same method that take part of the election campaign We should keep in mind we are paying highest electrical bill amoung the Asia . However its clear they have looted our hard earned money with out any mercy.

    Purnaka Wednesday, 21 February 2024 12:00 PM

    Delayed maintenance would cost more in the long run. A stitch in time saves nine.

    Rex jarkie Wednesday, 21 February 2024 12:11 PM

    keep on dragging this reduction talk till next YEAR, so that under table deal can go on long all best mr minister

    Bandula Wednesday, 21 February 2024 04:38 PM

    What under the table?


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