Sri Lanka businesses looks for ways to cut power use

Chief Regulatory Officer at CSE Renuke Wijayawardhane presenting the listing certificate to Executive Chairperson at Renuka Hotels Shibani Thambiayah

July 01, 2013 (LBO) – Sri Lanka’s Ceylon Chamber of Commerce said it is holding an expert forum for businesses looking for ways to cut power use after a recent hike.

“The recent escalation in electricity tariffs was estimated to increase the electricity bills of most industrial, hotel and commercial enterprises by about 20 30 percent,” Ceylon Chamber of Commerce said in a statement.

“Tariff of general purposes, medium and large categories of customer could go up with levied tariffs under the time of day scheme where different tariffs apply based on the time of use of electricity.”

The forum to be held on 05 July looks at ways of how energy consumption can be reduced, the CCC said in a statement.

Power expert Thilk Siyambalapitiya, managing director of the Resource Management Associates and Bandula Thilakasena, additional general manager, corporate strategy division of the CEB will speak at the forum.

Siyambalapitiya will speak on the current status and future outlook of the electricity sector in the island while Thilakasena will elaborate strategies to reduce the electricity and fuel consumption.

Energy costs have a significant impac