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Syndicated article · via economictimes.indiatimes.com

Sri Lanka hikes electricity tariffs from April 1 amid energy crunch

Sri Lanka will raise electricity prices starting April 1. The Public Utilities Commission of Sri Lanka approved an 8.5 percent hike for households and industries. Those using over 180 units will see a 25 percent increase…

Sri Lanka hikes electricity tariffs from April 1 amid energy crunch

Sri Lanka will raise electricity prices starting April 1. The Public Utilities Commission of Sri Lanka approved an 8.5 percent hike for households and industries.

Key takeaways

Quick scan — what you need to know:

  • Sri Lanka will raise electricity prices starting April 1.
  • The Public Utilities Commission of Sri Lanka approved an 8.5 percent hike for households and industries.
  • Those using over 180 units will see a 25 percent increase.
  • Energy conservation measures are also being implemented in the state sector.

Background

What led here, in plain terms:

  • Sri Lanka will raise electricity prices starting April 1.
  • The Public Utilities Commission of Sri Lanka approved an 8.5 percent hike for households and industries.
  • Those using over 180 units will see a 25 percent increase.
  • Energy conservation measures are also being implemented in the state sector.

Why it matters

Why readers and decision-makers should care:

  • Sri Lanka will raise electricity prices starting April 1.
  • The Public Utilities Commission of Sri Lanka approved an 8.5 percent hike for households and industries.
  • Those using over 180 units will see a 25 percent increase.

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