Sri Lanka raises electricity prices by 75%
Sri Lanka’s electricity sector regulator on Tuesday granted approval to increase electricity prices by 75 per cent.
The chairman of the Public Utilities Commission of Sri Lanka, Janaka Ratnayake, said the price revision would take effect from August 10.
With the price hike, the bill of consumers who use up to 30 units per month will increase by 198 rupees (($1 equals 361 Sri Lankan rupees), while those who use up to 60 units will now bear approximately 200 rupees increase.
The Ceylon Electricity Board had sought an increase of 276 per cent for consumers who use more than 90 units, but the commission approved a 125 per cent hike for that price bracket.
(Xinhua/NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
States
Police arrest fake soldier in Niger
The arrest came after the police were tipped off on July 31, Mr Abiodun disclosed.
Education
ASUU Strike: Experts task FG to increase education budget, earn lecturers’ trust
The educationist said that aside from meeting the university lecturers’ demands, the federal government should work on repairing ASUU’s trust that it has lost over the years.
Lagos
Driver, accomplice docked for stealing N11.2 million Indomie
Mr Ezeiloaku, who worked as a driver in the company, conspired with others at large and stole a truck load of Indomie worth N11.2 million, the prosecutor told the court.
Abuja
FCT Area Councils shared N2.9 billion in June: Minister
Ms Aliyu urged the councils’ leadership to scale-up revenue generation with a view to meeting up critical needs of rural communities in the territory.
Hot news Home top
Owo Massacre: Gov. Akeredolu says suspects arrested in Kogi, Abuja
He also said the landlord of the house where the criminals lodged before launching the attack has also been nabbed.
Sport
Tennis legend Serena Williams announces retirement
The 23-time Grand Slam winner made only her second appearance of the year this week at the National Bank Open In Toronto.
