Sri Lanka returns to non-stop power supply after a year, at higher cost
After a year of load-shedding, Sri Lankans will get continuous power from Thursday, albeit with a hike in tariff in line with the conditions set by the IMF.
The Sri Lankan government’s move comes as the debt-hit country aims to secure a much-needed USD 2.9 billion tranche from the Washington-based global lender.
President Ranil Wickremesinghe has directed officials to ensure an uninterrupted power supply to customers after the tariff revision is implemented, a statement from the President’s Media Division said.
The state power entity said that the power cuts ranging from one to 14 hours from January last year would end on Thursday.
