COLOMBO, Jul 5 (NNN-XINHUA) – Sri Lankan Minister of Power and Energy, Kanchana Wijesekera, said yesterday, the government provided a 55 percent relief in electricity prices to 3.5 million, out of a total of six million consumers, in June.
The minister told the media that, significant progress has been achieved in eliminating fuel queues and ensuring continuous electricity supply, after Sri Lanka saw power cuts in the past year.
Wijesekera said, a favourable environment for initiating new renewable electricity projects has been created.
Regarding fuel supply, the minister said that, the first fuel shipment from one of the two companies contracted by the Ceylon Petroleum Corporation would arrive in Sri Lanka at the end of July, marking the beginning of fuel distribution operations by the new suppliers.
The minister expressed confidence in the government’s programme to promote financial stability in both the Ceylon Electricity Board and the Ceylon Petroleum Corporation.– NNN-XINHUA
