Maintaining electricity tariffs at stable, fair value encourages investments: NC sub-committee

 

The National Council sub-committee on identifying short- and medium-term programs related to economic stabilization has stressed the need to maintain the electricity tariff at a stable and fair value in line with other countries in the region in order to maintain industries and encourage investors, for promoting the economy of this country. 

These matters were taken into discussion when the National Council sub-committee on identifying short- and medium-term programs related to economic stabilization met in Parliament on Oct. 19 under the chairmanship of MP Patali Champika Ranawaka. 

The sub-committee chairman said that the ideas and proposals presented on how to contribute more effectively and efficiently to the power and energy sector in finding solutions to the current economic crisis in the country will be presented to the National Council and then it can be presented and adopted by the Parliament. 

Prof. Kumarage of the University of Moratuwa, Dr. Dimantha De Silva of the University of Moratuwa, the former chairman of the Ceylon Electricity Board presented their ideas and suggestions about the current electricity and power crisis in the country as well as for making transportation more efficient.