Sri Lanka power regulator approves 75% tariff hike

Reuters

09 August, 2022, 07:40 pm

Last modified: 09 August, 2022, 07:55 pm

Sri Lanka power regulator approves 75% tariff hike

Reuters

09 August, 2022, 07:40 pm

Last modified: 09 August, 2022, 07:55 pm

Amila Uduwerell, an IT officer who is home-based uses a car battery to charge his laptops as he works during the seven hours power outage, in Colombo, Sri Lanka, March 2, 2022. REUTERS

Amila Uduwerell, an IT officer who is home-based uses a car battery to charge his laptops as he works during the seven hours power outage, in Colombo, Sri Lanka, March 2, 2022. REUTERS

Sri Lanka's power regulator said on Tuesday it had approved a 75% hike in power tariffs.

"The Commission decided to approve a fair electricity tariff, taking all these public and other stakeholder comments into consideration," Janaka Ratanayke, chairman of the Public Utilities Commission of Sri Lanka, said in a statement.

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