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Plans to amend Electricity Act & Tariff system

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The Ministry of Power has announced plans to amend the Electricity Act and the Tariff system.

Secretary to the Ministry, Prof. Udayanga Hemapala has stated that reviews shall be done to identify necessary amendments and the ministry plans to gather input from representatives of electricity sector trade unions for this.

The proposed amendments are expected to be approved by the new Parliament.

Professor Hemapala has emphasized that the President, who is also the subject minister, has instructed that the restructuring of the CEB be carried out in a manner beneficial to the country. 
The Electricity Act, passed on June 06 this year, included provisions to divide the CEB into 12 entities and to streamline the workforce but faced stiff opposition from CEB trade unions.

Prof. Hemapala has also announced the commencement of a study to revise the current electricity tariff formula, aiming to introduce a more consumer-friendly electricity tariff system.

The new methodology will be presented to the President before being submitted to the Cabinet. It will then be presented to the Public Utilities Commission.

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Laugfs gas prices also to remain unchanged

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Laugfs Gas PLC announced that the company will not revise domestic LP gas prices for the month of November 2024.

Accordingly, the current prices of Laugfs domestic LP gas cylinders are as follows :
12.5 kg cylinder – Rs. 3,680
05 kg cylinder – Rs. 1,477

Earlier today (Nov. 04)  Litro Gas also said that domestic LP gas prices will remain unchanged for this month.

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Lohan Ratwatte’s wife also remanded

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Shashi Prabha Ratwatte, the wife of former State Minister Lohan Ratwatte, has been arrested and remanded after appearing before the Nugegoda Magistrate’s Court.

She was arrested over the discovery of an unregistered car found at her house in Mirihana.

The Nugegoda Magistrate has ordered her to be held in remand custody until Nov. 07.

Her husband, Lohan Ratwatte, too is currently remanded.

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Litro gas prices for November remain unchanged

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The Litro Gas Company has stated that prices of their domestic LP Gas cylinders will remain unchanged for the month of November 2024.

The Chairman of the Litro Gas Company, Channa Gunawardena stated that the company decided to keep the prices of LP gas cylinders unchanged despite the price hike in the global market, in order to provide relief to the consumers.

Accordingly, the prices of Litro LP gas domestic gas cylinders will remain unchanged as follows:

12.5kg – Rs. 3,690
05kg – Rs. 1,482
2.3kg – Rs. 694

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