| 2:06:36 PM - Tue, Jul 5th 2022 |
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Sri Lanka goes bankrupt, raisesSLOTXOelectricity bill by 835%, suspends oil sales for two weeks
Sri Lanka? Raise the price of electricity up to 835%, cut the electricity 4 hours a day. Stop selling oil for 2 weeks starting June 27
On June 28, 2022, reporters reported that Sri Lanka's state-run electricity monopoly is suffering heavy losses. Announced to raise electricity prices up to 835% for low-income customers This further exacerbates the survival struggles of Sri Lankans who had previously suffered economic collapse.
Sri Lanka's Electricity Board (CEB) lost 65 billion rupees or around 6,605 million baht in the first quarter. causing a request to raise the price for retail electricity users to 835% because at present Those who use less than 30 kilowatts of electricity per month will pay Rs 54.27, or about $1.15, which CEB is trying to raise to 507.65 rupees, or $1.44.
Janaka Ratnayake, chairman of Sri Lanka's public utilities committee, acknowledged that most domestic consumers would not be able to bear such high costs. therefore proposed to request direct subsidies from the Ministry of Finance to help reduce the increase in electricity costs to less than half of the figure requested by the CEB
in the past few months The Sri Lankan government has proposed to cut power for 13 hours a day. before the power cut is reduced to 4 hours per day After the downpours help replenish water reservoirs for hydroelectric power generation.
In addition to the increase in electricity costs that have never been seen before The Sri Lankan government has also announced a two-week halt to all fuel sales, except for essential services. with immediate effect on Monday
A Sri Lankan government spokesman said: Oil and fuel reserves fell to the lowest level, which was not enough for one more day. The ban on the sale of both gasoline and diesel is for emergency use only. and apologized to the people for the shortages and inconvenience caused.
The announcement was made on June 27, with effect immediately after midnight on that date. The fuel is not for sale except in the essential services sectors such as the public health sector because it wants to conserve this little energy reserve.
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