275% increase in electricity rates in Sri Lanka

PNP DeskFebruary 16, 2023September 10, 202403 mins

File photo Electricity rates in Sri Lanka were increased by 275%, adding to the hardships of the people. Speaking to reporters, the Sri Lankan Energy Minister said that electricity charges had to be increased again as per the IMF conditions. He said that they cannot get handouts from the treasury to maintain electricity prices. The…

Sri Lanka announces power grid linking agreement with India in two months

PNP DeskFebruary 15, 2023September 10, 202402 mins

Sri Lanka has announced a power grid linking agreement with India within two months. In this regard, the Sri Lankan delegate says that they are starting negotiations with India on power grid linking and renewal of trade agreements. The agreement will be signed in two months. An important part of Sri Lanka’s economic recovery plan…