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Sri Lanka reduces average electricity tariff by over 20 pct

COLOMBO, July 15 (Xinhua) — Sri Lanka’s Minister of Power and Energy Kanchana Wijesekera on Monday announced that the electricity tariff on average will be reduced by 22.49 percent, effective from July 16.

In a social media post, Wijesekera said the revision is conducted according to the government policy decision to revise electricity tariffs quarterly every year on a cost reflective pricing mechanism.