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Sri Lanka to implement cost-reflective tariff for electricity

COLOMBO, Jan. 10 (Xinhua) — Sri Lanka’s cabinet of ministers on Monday approved the implementation of a cost-reflective electricity tariff formula, a minister said.

Minister of Power and Energy Kanchana Wijesekera told journalists in Colombo that the cabinet also granted approval to amend the general policy guidelines for the electricity industry.

The cost-reflective pricing will come into effect this mo