WITH REDUCTION IN ELECTRICITY TARIFF PRICES OF GOODS AND SERVICES CAN BE REDUCED BY 20%-KANCHANA

Price of goods & services can be reduced by 20% – Kanchana

Minister of Power and Energy, Kanchana Wijesekera highlighted that following the revision of electricity prices, there is potential for a reduction of approximately 20% in the prices of goods and services in the market.

The Minister further urged the business community to alleviate the burden on the public by lowering prices, starting from midnight on the day of the electricity price adjustment, coinciding with the reduction in electricity bills.

Addressing the press briefing titled “Collective Path to a Stable Country” held at the President’s Media Centre (PMC) today (July 16), Minister of Power and Energy, Kanchana Wijesekera emphasized that those consuming less than 90 units have benefited the most from the recent electricity amendment, receiving significant relief.

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