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PUCSL chief requests CEB to propose electricity tariff reduction



The chairman of the Public Utilities Commission (PUCSL) has urged the Ceylon Electricity Board (CEB) to propose a tariff reduction taking into account the recent developments in the country that drive down the electricity utility.

In a press release, PUCSL chief Janaka Ratnayake listed several reasons as to why the CEB should slash the tariffs.

He stated that, as per actual data for the first quarter of the year, the electricity demand in the country has dropped by 18% in comparison to 2022, explaining that this reduces the reliance on high-cost oil-fired thermal electricity generation.

Apart from the demand, the USD exchange rate too has gone down from LKR 370 per USD to around LKR 325 per USD, which is a 13% reduction, Ratnayake noted, thus noting that this brings down fuel and other import costs of the CEB. “This alone would reduce costs by about 20% per annum.”

In addition to the aforementioned two cost divers, the international fuel prices too have reduced significantly, and as a result, the fuel costs to CEB would reduce significantly. “At present, the Richards Bay Coal index is at 133 USD/MT, Singapore PLATTS for Furnace Oil is 403 USD/MT, Singapore PLATTS for Diesel is 98.38 USD/bbl and Singapore PLATTS for high-quality chemical Naptha is 674 USD /MT.”

In a recent letter to the CEB, Ratnayake requested the CEB to propose a reduced electricity tariff structure capturing all these recent developments by 15 May.

“This is expected to provide much-needed relief to all the consumers, especially the vulnerable Domestic category consumers and the SME sector of the economy,” he said further.



List of professionals whose IRD registration is compulsory




A gazette notice has been issued making it compulsory for those engaged in several fields such as medical, engineering, law, accounting and banking to register with the Inland Revenue Department (IRD) from today (01).

President Ranil Wickremesinghe has issued this gazette as the Minister of Finance, Economic Stabilization and National Policies.  

According to the relevant gazette, the people who are required to register with the IRD are listed below.

1. Practitioners registered with the Sri Lanka Medical Council (SLMC)

2. Members of the Institute of Chartered Accountants of Sri Lanka

3. Members of the Institute of Certified Management Accountants of Sri Lanka

4. Members of the Institution of Engineers Sri Lanka

5. Members of the Association of Professional Bankers

6. Members of the Sri Lanka Institute of Architects

7. Members of the Institute of Quantity Surveyors Sri Lanka

8. Attorneys-at-Law of the Supreme Court of Sri Lanka

9. Individuals who have registered their businesses in Divisional Secretariats

10. Individuals who are in possession of vehicles registered (other than three-wheelers, motorcycles and hand tractors) in Motor Traffic Department

11. Individuals who have purchased or acquired, by virtue of Deeds Transfer, of any immovable property in Sri Lanka

12. Employees whose monthly contribution from both employee and employer to any Provident Fund is more than Rs. 20,000

13. Any individual who obtains approval for a building plan from a Local Authority

14. Any other individual who receives payment of Rs. 100,000 per month or Rs. 1,200,000 for a 12-month period for providing any services in Sri Lanka

In addition, all persons who have completed the age of 18 on 31 December 2023, or who will turn 18 on or after 01 January 2024, will also be subject to this new provision.

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Upcountry train services disrupted




Train services along the upcountry railway line were disrupted due to a rock slip on the railway line between Haliela and Uduwara Railway Stations this morning (01), the Railways Department said.

Passengers said that while the Udarata Menike train was travelling from Badulla to Colombo at 5.45 this morning, the driver saw the collapsed earth mound and immediately stopped the train preventing a major accident.

The Railways Department said that the restoration of the railway line is currently being done.

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Annamale complains to IGP against Kassapa Thera!




Social activist Kandasamy Annamale Sujith Priyantha alias Sujith Annamale has lodged a complaint to the Inspector General of Police (IGP) yesterday (31) saying that he and his family members have received death threats due to a statement made by Balangoda Kassapa Thera.

The complaint made by Annamale said;

“In a press conference held today (31/05/2023), Balangoda Kassapa Thera said, “Who helped from within the Aragalaya? Sujith Annamale… Sujith Annamale is the one who helped. Therefore, the CID should arrest them as soon as possible and produce them in court. If not, all the Buddhist monks behind me will take it to the street. We will not allow the Buddhist culture of this country to be destroyed.”

Annamale said that due to this statement, the life and property of his family members could be at risk.

“Therefore, please look into it and conduct a proper investigation as soon as possible and ensure the safety of my life and my property,” he said.

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