Sri Lanka is struggling under its worst financial crisis in seven decades and has to put its massively indebted public finances in order to unlock a $2.9 billion IMF loan that was agreed in September.

Ceylon Electricity Board workers protesting against privatisation in Colombo on January 4, 2024. In January 3–5, tens of thousands of workers participated in a national sick-note protest to ...

International Business News: Sri Lanka's state-run electricity monopoly will raise tariffs by a stinging 264 per cent for people consuming the least, it announced Tuesday, while h ...

Sri Lanka's cabinet on Monday approved new electricity tariffs to reflect the cost of coal and power generation to take effect this month, Power Minister Kanchana Wijesekera said, without saying ...

COLOMBO: Sri Lanka's state-run electricity monopoly will raise tariffs by a stinging 264 percent for people consuming the least, it announced Tuesday, while higher users will face a smaller ...

Sri Lanka’s state-run electricity monopoly will raise tariffs by a stinging 264 per cent for people consuming the least, it announced on Tuesday, while higher users will face a smaller increase.

Sri Lanka has a state-run power monopoly, the Ceylon Electricity Board, which has incurred massive losses. The government has committed to increasing power prices to reduce losses and put public ...