Water tariff to go down with electricity tariff reduction: Minister

15 January 2024 03:05 pm Views - 966

Colombo, Jan. 15 (Daily Mirror)- Steps will be taken to introduce a pricing formula for water tariffs so as to reduce the water tariffs in line with the electricity tariff reduction, Water Supply and Estate Infrastructure Development Minister Jeevan Thondaman said.

The Minister said the pricing formula will be formulated in consultation with the National Water Supply and Drainage Board and the advisers of the Asian Development Bank (ADB).

He said during a meeting at the Peradeniya University that the Power and Energy Minister had assured that the electricity tariff will be reduced next month and added that the water tariff too could be reduced in line with that as the cost of water supply will decrease with the reduction in energy costs.

He said the water tariff was increased in January, 2019 when the electricity tariff was increased by 66 percent and added that the water tariff could be reduced by a considerable amount when the electricity tariff is reduced by 50 percent.