Hotting Up
Electricity tariffs will go up by five percent come-what-may in October, though Cabinet has yet to debate the issue, CEB officials said. Electricity tariffs …
Petroleum
Gas Refill
Gas prices could go up by as much as Rs. 70 a cylinder, as the state withdraws its subsidy and Shell battles it out with the Consumer Affairs Authority. Gas …
In Transition
The state-owned power monopoly is evaluating a proposal by NatWealth Corp. to help restructure nearly Rs. 20.0 bn of its debts. The state-owned power monopoly …
Standard Practice
Treasury Secretary Dr. P B Jayasundara said Friday that gradual changes in fuel prices are needed, but without much disruption to domestic prices. Treasury …
Eating Words
Ending months of denial and suspense, the government raised petrol prices by Rs. 8.00 with effect from midnight Friday Ending months of denial and suspense, …
Troubled Oil
State petroleum giant Ceypetco is lobbying Treasury officials to up fuel prices in July and hold it steady for about three months thereafter to allow consumers …
Short Break
The industrial sector will get a tariff-hike holiday in the short term when electricity prices are increased next time, assures Treasury Secretary Dr. P B …
Putting It Up
The Ceylon Electricity Board is looking at ways of controlling Sri Lanka’s unruly street lamps that show disturbing tendencies of behaving like local …