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PUCSL takes U-turn on retrospective electricity price hike

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Public Utilities Commission of Sri Lanka (PUCSL), the island nation’s power regulator, has taken a U-turn and agreed to the cabinet decision on a retrospective electricity tariff hike with immediate effect after a meeting with President Ranil Wickremesinghe.

Janaka Ratnayaka, the PUCSL Chairman, earlier had told media that the cabinet decision to raise electricity tariff retrospectively was against the law and he would not allow such price hike.

“We had a discussion with all the directors of PUCSL on January 12, after the cabinet decision was published where we had decided to not to implement any retrospective electricity tariff going against the electricity and the PUCSL act,” Ratnayaka told reporters on Friday.

“On January 19, all the directors were asked to come to the National Council to discuss this. But before that other three members of the board were called by the President without informing me,” he said.

“After the meeting, at the National Council these three members said they did not receive the decision on time and did not have the time to review the cabinet decisions and data. They said because of that they had agreed with me”.

Ratnayaka said the three commission members went back on the decision taken at the board meeting on January 12, which was that the cabinet decision should be implemented immediately.

“They (the three members) had 7 days from January 12 to 19 and within those days they could have informed me in writing that they had revised their decision. Without doing that, they put me in trouble by suddenly changing their decision in front of the National council,” Ratnayaka said.

“If anyone can (change and) implement an independent commission’s decisions like this, we are doomed. I will personally take legal actions against their actions in the coming days.”

After the National Council, members have asked for a board meeting. Ratnayaka said a board meeting will be called next week.

“Me as the Chairman of the PUCSL and many other members of this organization are strongly stand on our decision,”

He said the tariff needs to be increased and the scientific method of implementing it is now being carried out by the PUCSL.

(economynext.com)

(Except for the headline, this story, originally published by economynext.com has not been edited by SLM staff)

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Batalanda commission report handed over to the AG

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The “Report of the Commission of Inquiry into the Establishment and Maintenance of Places of Unlawful Detention and Torture Chambers at the Batalanda Housing Scheme” which was recently tabled in Parliament, has been handed over to the Attorney General by the Presidential Secretariat following a directive from President Anura Kumara Disanayake.

The report, originally compiled over 25 years ago, was tabled in Parliament recently. The Government has taken a decision to take necessary action and as a result, actions have been initiated to hand over the report to the Attorney General’s Department today (29).

(President’s Media Division)

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Ex-SLTB Vice Chairman granted bail

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The former Vice Chairman of the Sri Lanka Transport Board (SLTB), L.A. Wimalaratne, who was arrested by the Criminal Investigation Department (CID) earlier today (April 29), has been released on bail.

He was arrested in connection with an investigation into a house in Kataragama, allegedly linked to the family of former President Mahinda Rajapaksa.

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Franchise agreements of Colombo Strikers & Jaffna Kings terminated

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Sri Lanka Cricket (SLC) in collaboration with the event rights holder of the Lanka Premier League (LPL) – the IPG Group, has officially announced that the franchise partnerships of the ‘Colombo Strikers’ and ‘Jaffna Kings’ have been terminated.

According to a statement issued today (April 28), the terminations were made due to the respective franchises’ failure to fulfill contractual obligations outlined in their agreements with the IPG Group, which were established at the commencement of their participation in the league.

Accordingly, the forthcoming edition of the Lanka Premier League will feature franchises representing Colombo and Jaffna under new ownership, the statement notes.

As the event rights holder, the IPG Group retains the exclusive rights over the LPL franchise teams and, accordingly, is vested with the authority to transfer and/or assign the ownership rights of the said franchises to interested parties.

Sri Lanka Cricket and The IPG Group remain committed to upholding the integrity, standards, and success of the Lanka Premier League and look forward to an exciting upcoming season with renewed participation.

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