News
Electricity regulator contradicts Minister; tariff reduction certain
…10% to 20% decrease on the cards
By Shamindra Ferdinando
The Energy Ministry couldn’t intervene in the electricity tariff revision as the exclusive authority to do so was vested with the Public Utilities Commission of Sri Lanka (PUCSL) in terms of the relevant Acts, authoritative sources told The Island.
Energy Minister Kumara Jayakody’s recent declaration in Parliament that tariff revision wouldn’t be implemented for a period of three years had no legal validity, sources said. Minister Jayakody said so in response to a query raised by SJB MP Dayasiri Jayasekera.
The PUCSL would make its position on the tariff revision known to the public on Friday (17), sources said, adding that available data indicated that tariffs could be reduced by 10% to 20%.
Earlier, the Ceylon Electricity Board (CEB) proposed to the PUCSL that tariff revision should be put on hold for six months, beginning January 2025. The PUCSL, appointed by President Anura Kumara Disanayake consists of Prof. K.P. Lalith Chandralal (Chairperson), Piyal Henanayake and Dr. Chathuri Samanmali Fernando.
In terms of the Public Utilities Commission of Sri Lanka Act No. 35 of 2002 and the Sri Lanka Electricity Act No. 20 of 2009, the PUCSL is the regulator, hence its authority couldn’t be challenged by the Minister.
Sources said that the PUCSL considered available data, assessment and information before deciding on tariff revision. The Energy Minister, or the Secretary to that Ministry, could have made representations to the PUC during recent public consultations, sources said, adding that several lawmakers appeared before the Commission recently.
The PUCSL couldn’t be deprived of its authority unless the NPP government amended both Acts, sources said.
Alleging that Minister Jayakody deceived the Parliament with regard to the tariff revision issue, Opposition MP Dayasiri Jayasekera told The Island that he would raise a privilege issue in the House. The issue here is whether the Minister is conversant with the Public Utilities Commission of Sri Lanka Act No. 35 of 2002 and the Sri Lanka Electricity Act No. 20 of 2009.
The Minister seemed to have ignored the fact that the Wickremesinghe-Rajapaksa government, in 2023, began introducing four tariff revisions annually. Before that, tariff revisions were effected twice a year.
The last revision was in July 2024 when the PUC reduced power tariffs by 22.5% against the backdrop of the CEB claiming that the maximum affordable was just 3%.
The CEB has requested that the PUCSL revert to the old system as four revisions a year seemed an unnecessary exercise.
We quoted SJB trade unionist Ananda Palitha in yesterday’s issue (13 January) of The Island that electricity tariffs could be reduced by as much as 35% as ,contrary to CEB’s claims, the state enterprise earned significant revenue gains, running into billions of Rupees.
Lawmaker Jayasekera pointed out that Minister Jayakody declared in Parliament that the NPP never promised an immediate electricity tariff revision. That declaration was contrary to President Anura Kumara Disanayake’s assurance, in the run up to the presidential election, that one third of the electricity bill would be reduced, along with the fuel price.
However, the electricity tariff revision was to be announced in October 2024, in line with the previous government’s decision to implement four revisions annually, the former Minister said.
Referring to revisions, both increases and reduction in electricity tariffs, sources pointed out that on every occasion, since 2022, the PUCSL had no option but to disagree with the CEB’s false assessments for obvious reasons. The CEB always proposed higher increases and low reductions in line with their overall strategy, sources said, emphasizing the responsibility on the part of the Ministry to engage the PUCSL.
The government must realise that the PUCSL is the economic, technical and safety regulator of the electricity industry, and the designated regulator for petroleum and water services industries as well. The PUCSL also has been assigned as the shadow regulator for the lubricant market in Sri Lanka.
News
Delay in govt. response to UK sanctions on ex-military chiefs, and others causes concern
Admiral of the Fleet Wasantha Karannagoda said that he is still waiting for the government’s response to the UK sanctions imposed on three ex-military officers, including him, and a former member of the LTTE.
The former Navy Chief said so in response to The Island query whether he was aware of the position taken by a three-member ministerial committee, consisting of Foreign Minister Vijitha Herath, Justice and National Integration Minister Harshana Nanayakkara and Deputy Defence Minister Maj. Gen (retd) Aruna Jayasekera.
The government named the committee in the wake of the UK declaration of travel bans and asset freezes in respect of Karannagoda, General Shavendra Silva, General Jagath Jayasuriya and Vinayagamoorthy Muralitharan, also known as Karuna. Maj. Gen. Jayasekera said that they inquired into the issue at hand.
Karannnagoda said that he would like to know the government’s recommendations if the ministerial committee briefed the Cabinet as per a decision taken by the Cabinet of Ministers. Karannagoda said that the issue should have been taken at the highest level as various interested parties continue to humiliate the war-winning military by targeting selected individuals.
Other sources, familiar with the issues at hand, told The Island that the government was yet to announce its stand.
Sources pointed out that the Opposition has been silent on what they called a matter of utmost national importance.
Cabinet spokesman Dr. Nalinda Jayathissa is on record as having described the UK move as a unilateral move and that committee was formed to examine the developments and recommend appropriate measures to the Cabinet.
Foreign Minister Herath told The Island the government was not successful in getting the British to withdraw sanctions. Describing the UK decision as unilateral, the Miniser said that the government conveyed its concerns but the UK didn’t change its stand.
The Island raised the issue with Minister Herath and Admiral Karannagoda in the wake of British MP of Sri Lankan origin, Uma Kumaran requesting the UK Foreign Secretary Yvette Cooper to expand on the government’s sanctions imposed on the four above-mentioned persons.
During a Foreign Affairs Committee meeting on 16 December, the MP for Stratford and Bow highlighted the lack of accountability and political will from the current Sri Lankan government to address war crimes and mass atrocities committed in Sri Lanka.
Sources said that David Lammy, who served as Secretary of State for Foreign, Commonwealth and Development Affairs at the time of the declaration of sanctions, had no qualms in declaring that the action taken against four Sri Lankans was in line with a commitment he made during the election campaign to ensure those responsible wouldn’t be allowed impunity. The UK government statement quoted Lammy as having said that this decision ensured that those responsible for past human rights violations and abuses were held accountable.
By Shamindra Ferdinando
News
Sri Lanka outlines seven key vectors of international cooperation at Moscow forum
Sri Lankan Ambassador to the Russian Federation, Shobini Gunasekera recently presented a conceptual framework of seven key vectors that defined contemporary international relations and facilitated dialogue among States. She made the presentation at XI Moscow International Financial and Economic Forum held under the theme “Building Bridges: Partnership without Borders”.
In her address, the Ambassador emphasised that these vectors represent the channels through which ideas circulate, trade expands, and peace is strengthened, serving as guiding principles for cooperation amid global uncertainties. The seven key vectors highlighted were economic ties as a foundation for long-term stability; political choice and diplomacy through dialogue and multilateral engagement; security cooperation to address cross-border threats; cultural linkages through education, tourism, and professional exchanges; technological advancement, particularly in digital systems and artificial intelligence; environmental stewardship through collective action on renewable energy and climate change; and humanitarian obligations, including disaster relief and development cooperation.
Drawing on Sri Lanka’s experience, the Ambassador illustrated the practical application of these principles by highlighting the country’s strategic location in the Indian Ocean, its role as a trade and logistics hub, and its active engagement in regional groupings such as BIMSTEC and the Indian Ocean Rim Association, where the Russian Federation serves as a Dialogue Partner.
The potential for enhanced Sri Lanka–Russia bilateral cooperation was underscored, particularly through complementarities between Russia’s technological and energy expertise and Sri Lanka’s logistical capabilities and maritime infrastructure. She noted that such synergies could support joint initiatives in trade, innovation, tourism, and logistics, while cultural and scientific exchanges would further strengthen mutual understanding between the two countries.
Concluding her remarks, the Ambassador stated that sustained progress requires dialogue, mutual respect, and forward-looking partnerships capable of shaping a shared and stable future.
News
Sri Lanka third most preferred destination for Indians
Thailand takes top place
Travel website Make My Trip has named Sri Lanka as the third most booked international destination by Indian travellers for the festive period, following Thailand and the United Arab Emirates (UAE).
According to a report released by MakeMyTrip, an analysis of booking trends between 20 December and January 2026 compared to the same period last year, highlighted a growing interest in Sri Lanka as a preferred destination.
Thailand ranked first, while the UAE secured second place. Vietnam recorded a notable rise, moving from seventh position last year to fourth this year, followed by Malaysia, Indonesia, Singapore, the UK, the US, and Hong Kong.
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