July 17, 2024
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5min2
The Joint Apparel Association Forum (JAAF) welcomed the recent decision by the Public Utilities Commission of Sri Lanka (PUCSL) to implement a 25.3% reduction in industrial electricity tariffs, parallel to a 27% reduction for domestic customers and a 22.5% overall reduction effective from July 16, 2024.     In addition to easing the burden on […]

February 21, 2023
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8min2
      JAAF is perplexed by PUCSL overlooking the industry’s submissions and cautions. Current tariff increase based on speculative increasing demand, despite trends showcasing reduced demand 20th February 2023: The Public Utilities Commission (PUCSL) granted approval to a 66% electricity tariff hike effective 15th February 2023, resulting in exponential increases in costs in the […]

August 18, 2022
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17min0
        ●        Finalized off-peak and daytime industrial electricity tariff rates are exponentially high and detrimental to the apparel industry ●        Reassessing the newly revised tariff rates is essential for companies within the sector to plan and budget better  17th August 2022: With the Public Utilities Commission (PUCSL) granting permission to the Ceylon […]

April 4, 2022
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2min0
        Asks to direct authorities to expedite the process of generating electricity and to supply fuel to ensure continues supply of electricity The Public Utilities Commission of Sri Lanka – the electricity sector regulator, filed a Fundamental Rights in the Supreme Court today (1st April 2022) naming the following Respondents; the Ministry […]

January 31, 2022
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6min0
    The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator, stated that the demand for electricity can be managed during the month of February starting tomorrow. Accordingly, the proposal made by the Ceylon Electricity Board (CEB) for a power interruption will not be allowed until the 4th of February 2022. The […]

December 11, 2021

5min0
      A Standard for LP Gas is already formulated The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator and the designated regulator for the petroleum industry, together with Sri Lanka Standards Institute (SLSI) has already formulated a standard for the much-talked LP gas in September this year and is ready […]

October 5, 2021
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5min0
      5000 Electricians to Get NVQ3 and Electrical License this Year 45,000 Electricians to Get NVQ3 And Electrical License Next Year (04th Oct 2021) – The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator, commences the second phase of awarding free National Vocational Qualification Level 3 (NVQ 3) Program for […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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