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    Sri Lanka raises electricity prices by 75 pct


    August 17, 2022 - Malaysian Government News

     

      Kualalumpur: Here is the text of news released by official news agency Bernama on its website:

      Sri Lanka's electricity sector regulator on Tuesday granted approval to a proposal to increase electricity prices by 75 per cent, reported Xinhua.

      Chairman of the Public Utilities Commission of Sri Lanka (PUCSL) Janaka Ratnayake said the price revision is effective from Aug. 10.

      With the price hike, the bill of consumers who use up to 30 units per month will increase by 198 rupees.

      The average monthly electricity bill for those who use up to 60 units will be increased by approximately 200 rupees.

      The Ceylon Electricity Board earlier sought an increase of 276 per cent for consumers who use more than 90 units.

      The PUCSL approved a 125 per cent hike for that price bracket. (US$1 = 361 Sri Lankan rupees).

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