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Sri Lanka hikes household power tariffs by 15 per cent
Gulf Today
|June 12, 2025
Sri Lanka will increase its household power tariffs by 15 per cent, its power regulator said on Wednesday, a key step in the island nation's efforts to secure the next payout of a $2.9 billion programme with the International Monetary Fund (IMF).
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Industries will have a hike of 20.5 per cent while businesses in the tourism sector, a key foreign exchange earner for the island nation, will see their power prices rise by 20.2 per cent, K.P.L. Chandralal, the chairman of the Public Utilities Commission of Sri Lanka, told reporters.
The revised tariffs will go into effect from midnight.
Cette histoire est tirée de l'édition June 12, 2025 de Gulf Today.
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