Electricity Reforms Bill will be drafted within a month
If after raising prices in January, costs fall in July due to renewables, then we can lower the price
It is after nine years that the prices were revised
“As our president put it, when the elephants fight, it’s the grass that gets trampled."
They are paying about 385 plus rupees per litre for furnace oil
But the 2 hour power cut will return from Tuesday.
"Non placement of orders by dealers anticipating a price reduction has led to fuel stations drying up," Wijesekera said.
Some tanks could also be used for ship bunkers
Fuel price hike, forex-shortage led long fuel queues help boost LIOC's profits
Opposition legislator Harsha de Silva has called the social security contribution levy a travesty.
"The government should step in and set a rate, but instead they are making obnoxious statements."
The CEB had 10 months worth of arrears totaling 35.18 billion rupees dating back to October 2021.
The first phase will commence in the Western province, the PMD said.
"World Bank lent 70 million USD to solve our LPG problem. Now we are returning that money to Treasury in rupees."
"There will be no independent regulation if the sector is overseen by a committee under the Minister."
About 1500MW could be added over 2 years,
We will give our storage facilities and pipelines for a fee.
Weekend power cuts reduced with rain
Sri Lanka's state-run Ceylon Petroleum Corporation has a habit of getting oil on credit and paying later
The move could allow investors to enter into petroleum products
In the first eight months of 2022, the CEB incurred a loss of 108.6 billion rupees.
"But the recruitment process must change."
"We have given permission to provincial offices to identify [commercial] threewheeler taxis in their respective area."
Group A-W will have 1 hour and 20 minutes power cut during the night.
Auto Diesel is reduced by 15 rupees per and the new price is 415 per liter.