2 January 2023 08:59 am Views - 87
By Chathuranga Samarawickrama
Public Utilities Commission of Sri Lanka (PUCSL) Chairman Janaka Ratnayake yesterday said legal action would be taken against the Ceylon Electricity Board (CEB) if it goes ahead with the power tariff hike.
Minister of Power and Energy Kanchana Wijesekera had earlier stated that power tariff has to be increased by 70 percent in order to ensure an uninterrupted power supply this year. “There is no reason for a power tariff hike as CEB has begun to earn profits as a result of the recent power tariff hike.
“Prices of coal had not increased while there is no great devaluation of the Rupee during the past few weeks. Therefore there is no reason for a power tariff hike “ he added.