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Water Board mulls water tariff hike

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ECONOMYNEXT –The National Water Supply and Drainage Board plans to increase the tariff in the near future as production costs have risen sharply following an increase in electricity prices, an official said.

“Electricity charges were increased in February, and that is a big component of the cost of production,” an official from the National Water Supply and Drainage Board told EconomyNext.

“Along with that, the usage has also gone up during the month, and demand has increased by around 10 percent as the country is experiencing extremely hot weather conditions.”

Following the electricity tariff hike in 2022, the water tariff was also increased in September 2022.However, after the second electricity tariff hike in February 2023, no changes were made to the water tariff.The proposed tariffs will be run through the water board, the ministry, and will be presented to the Cabinet of Ministers for approval in the coming weeks, the official said.

Last year the State Minister for Water Supply Sanath Nishantha said, the water tariff needs to be increased in order to get to a breakeven point as the water board is selling water incurring a loss at the moment.

“Currently the water board is providing water at two cents per liter, which is extremely low,” Minister Nishantha said in an earlier report.

“The Water Board is selling at 2.0 cents a litre when its cost of production is 3.5 cents.”

Nishantha said, the hike will be done in order to run the water board without the government’s financial support.



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Members of the TPA meet with President Dissanayake

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A group of Tamil Progressive Alliance (TPA) members, including its Leader Mano Ganesan, met President Anura Kumara Dissanayake on Thursday  (02) morning at the Presidential Secretariat.

Extensive discussions were held on the issues faced by the Malayagam communities, particularly in relation to education, housing and land, as well as on the urgent measures required to address these concerns. The President paid special attention to all these matters.

Attention was also drawn to the recruitment of qualified Tamil-medium teachers to address the teacher shortage in estate sector schools and this too was discussed at length.

Members of Parliament P. Digambaram and V. Radhakrishnan, along with several other party members, were present at the meeting.

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Lanka secures Russian support with oil supply amidst energy crunch

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Minister of Foreign Affairs, Vijitha Herath, held talks with Deputy Foreign Minister of Russia Andrey Rudenko at the Foreign Ministry, in Colombo, on Thursday (02), with both sides reaffirming their commitment to strengthening bilateral relations.

The Sri Lanka Ministry of Foreign Affairs said the visiting Russian Deputy Minister noted that Russia regarded Sri Lanka as a long-standing friend.

Rudenko assured that Russia stood ready to support Sri Lanka when required, including in the swift supply of Russian oil to help address the current energy challenges, encouraging Russian investors to explore new opportunities in the country and promoting increased tourist arrivals.

He also expressed Russia’s readiness to provide compensation for Sri Lankan war veterans who had lost their lives in the ongoing conflict between Russia and Ukraine.

Minister Herath welcomed Russia’s willingness to assist, emphasising that Sri Lanka valued the support extended by its “old friend”, particularly at a time when the country was facing pressing energy needs.

He noted that the two countries shared nearly seven decades of diplomatic relations and said the present moment provided an opportunity to further strengthen ties, including through long-term trade agreements.

The discussions focused on enhancing cooperation in the fields of energy, investment, tourism and diplomacy, with both sides reiterating their commitment to further deepen the longstanding friendship between Sri Lanka and Russia.

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157 foreigners arrested for engaging in online financial scam from hotel at Iranawila

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Police yesterday arrested 157 foreign nationals in connection with an alleged organised online financial scam, conducted from a hotel in the Iranawila area in Chilaw.

The suspects were taken into custody during a raid carried out by the Police while they were staying at the hotel in Iranawila.

Police said the arrested group included 143 nationals from China, 13 from Bangladesh and one from Vietnam.

Investigators suspect the group had been involved in a coordinated online financial scam, targeting victims through digital platforms.

The suspects are being detained for further questioning while investigations are continuing to determine the full extent of the operation and whether additional individuals were involved.Police said further inquiries are underway.

By Norman Palihawadane

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