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​PUCSL approves 14.2% electricity tariff reduction from tomorrow (Update)

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The Public Utilities Commission of Sri Lanka (PUCSL) has approved an overall 14.2% of electricity tariff reduction with effect from tomorrow (July 01).

The PUCSL said the lower electricity users in the category of 0 – 30 units per month will receive a 65% electricity tariff reduction from tomorrow.

Further tariff reductions are as follows :

  • Category of units 31 – 60 : 51.5%
  • Category of units 61 – 90 : 24.5%
  • Hotel Sector : 26.3%
  • Industry Category : 09%
  • Commercial Buildings : 05%
  • Overall reduction on religious purpose category : 16%
  • Government : 0.8%

Meanwhile, the PUCSL has requested the CEB and LECO to take prompt action to ensure that residents of all condominium properties are billed according to their respective tariff categories.

  • Streetlight consumption should be metered or estimated, and the Local Authority or Road Authority shall be billed
  • Security deposits obtained from consumers shall be invested and interest shall be paid out of the return on the investment.
  • Interest on any security deposit obtained for the supply of electricity shall be paid/ deducted from the monthly bill of all consumers.
  • PUCSL directed to execute fuel supply agreements with CPC and Lanka Coal Company and establish Power Purchase Agreements between CEB transmission and CEB generation plants, Power Sales Agreements between Distribution Licensees and CEB Transmission Licensee.
  • All due payments to Renewable Energy based electricity generators (including small scale rooftop solar) asked to be settled as soon as possible.

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(Previous News on 30th June 2023 at 11:37am)

PUCSL’s final decision on tariff revision today

The Public Utilities Commission Of Sri Lanka (PUCSL) said it will make a decision today (30) on the electricity bill reduction proposal presented by the Ceylon Electricity Board (CEB).

PUCSL Chairman Professor Manjula Fernando said the commission is scheduled to meet today.

The CEB has proposed to reduce the electricity tariff with effect from July 1 and the PUCSL held public consultations in this regard.

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Heavy rain and winds expected in several areas today

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Showers or thundershowers will occur at times in Western, Sabaragamuwa, Central and North-western provinces and in Galle and Matara districts today (May 30), the Department of Meteorology says.

Heavy rains above 100 mm are likely at some places in the Western and Sabaragamuwa provinces and in Nuwara-Eliya, Kandy, Galle and Matara districts.

Several spells of showers may occur in North-central province and in Mannar and Hambantota districts.

Strong winds of about (50-60) kmph can be expected at times over Western slopes of the central hills and in Northern, North-central and North-western provinces and in Hambantota and Trincomalee districts.

Fairly strong winds of about (30-40) kmph can be expected at times elsewhere on the island.

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Chinese Minister of Commerce meets President AKD

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The Minister of Commerce of the People’s Republic of China, Mr. Wang Wentao, who is currently on an official visit to Sri Lanka, met with President Anura Kumara Disanayake this afternoon (29) at the Presidential Secretariat for discussions. 

Minister Wang noted that, considering the current political and economic stability in Sri Lanka, along with the clear policy direction being pursued by President Disanayake’s administration, there has been a notable rise in interest from Chinese investors looking to invest in the country.

He further stated that this visit undertaken with the participation of over 100 Chinese investors demonstrates a solid dedication to enhancing economic collaboration between the two nations.

The discussion also focused on the importance of working together to achieve mutually beneficial trade and economic goals during this challenging period. In light of global economic instability, the Chinese Minister of Commerce reiterated China’s commitment to providing the necessary support to Sri Lanka.

One of the key objectives of Minister Wang Wentao’s visit is to follow up on the agreements reached during President Anura Kumara Disanayake’s recent visit to China. The two sides also discussed the timely completion of on-going development projects in Sri Lanka with Chinese government support, as well as the prompt implementation of proposed new initiatives.

The Chinese delegation included Mr. Qi Zhenhong – Ambassador of China to Sri Lanka, Mr. Wang Liping – Director General of the Department of Asian Affairs and Ms. Shu Jueting – Director General of the Department of Foreign Affairs.

Representing Sri Lanka, Minister of Trade, Commerce, Food Security and Cooperative Development Wasantha Samarasinghe Secretary to the President Dr. Nandika Sanath Kumanayake and Senior Additional Secretary to the President Roshan Gamage, along with other officials, were also present at the occasion.

(President’s Media Division)

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Polish FM meets President AKD

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Minister of Foreign Affairs of the Republic of Poland, in the context of Poland’s Presidency of the Council of the European Union Radosław Sikorski, currently on an official visit to Sri Lanka, met with President Anura Kumara Disanayake this afternoon (29) at the Presidential Secretariat for discussions.

The discussions focused extensively on strengthening cooperation between Sri Lanka and the European Union. President Disanayake emphasized the importance of continued EU support in overcoming future global economic challenges facing Sri Lanka.

President Disanayake stated that, in the face of challenges arising from the newly introduced tariff regime by the United States and the fiscal constraints imposed by the International Monetary Fund, Sri Lanka hopes to engage in broader cooperation with the European Union to address emerging economic pressures.

The President expressed his appreciation for the positive response demonstrated by the European Union regarding the continued maintenance of the GSP+ concession granted to Sri Lanka.

Meanwhile Polish Foreign Minister Radosław Sikorski stated that his visit reflects the special attention both the European Union and Poland place on Sri Lanka.

The discussion also focused on further strengthening the historic ties between Sri Lanka and Poland, with both sides expressing interest in enhancing bilateral collaboration.

Polish Foreign Minister Radosław Sikorski recalled the 50 years of economic and trade and 30 years of development cooperation between Sri Lanka and Poland. He expressed his government’s intention to work closely with the new administration in Sri Lanka to further advance these relations.

The delegation including Ambassador of the European Union to Sri Lanka Carmen Moreno, Secretary to the President Dr. Nandika Sanath Kumanayake, Senior Additional Secretary to the President Roshan Gamage were among the other officials. 

(President’s Media Division)

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