COLOMBO, Jul 16 (NNN-XINHUA) – Sri Lanka’s Minister of Power and Energy, Kanchana Wijesekera, yesterday, announced that, the electricity tariff on average, will be reduced by 22.49 percent, effective from today.
In a social media post, Wijesekera said, the revision is conducted according to the government policy decision, to revise electricity tariffs quarterly every year, on a cost reflective pricing mechanism.
Chairman of the country’s electricity sector regulator, the Public Utilities Commission of Sri Lanka (PUCSL), Manjula Fernando, said, tariffs have been reduced by 25 percent, for consumers who consume less than 30 units of electricity in the domestic sector.
The tariff of electricity consumers with monthly consumption between 61 and 90 units, will be reduced by 55 percent, and tariffs for religious places will be reduced by over 30 percent, said Fernando.
Sri Lanka has reduced electricity tariffs by 21.9 percent in March, as well.– NNN-XINHUA
