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October 8, 2019
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Electricity cost may increase

According to the Ministry, hydro power generation is at 80% but it is sufficient only for 40 days.The Ceylon Electricity Board. however, is yet to announce any increase in the electricity cost. The Power and Energy Ministry has hinted at a possible increase in the cost of electricity used by consumers under a pricing formula.A statement by the Ministry said that a formula is essential to decide on the electricity cost similar to that followed by the transport sector.