Power contracts News

Sri Lanka Targets Lower Electricity Tariffs via Power Sector Restructuring.

The Sri Lankan government has launched a strategic plan to reduce electricity costs by transitioning the power sector toward renewable energy and improved hydroelectric efficiency. As part of this reform, financial compensation was recently distributed to nearly 1,900 employees who opted for voluntary retirement.

Conflict Over Power Interruptions: Opposition Challenges Government's Stance on Electricity Supply.

Opposition MP Ajith P. Perera has disputed government claims that there are no power cuts in Sri Lanka, presenting an official system report as evidence of load shedding while the Energy Minister attributes interruptions to technical breakdowns.