ECONOMYNEXT – Power cuts of 5 hours for some areas in Sri Lanka and 2 hours and 40 minutes for other areas were approved in two blocks for March 23 Wednesday, Public Utilities Commission Chairman Janaka Ratnayake said as a forex crisis creates power shortages in the dry season.
Areas ABCDEFGHIJKL will have power cuts of 3 hours and 20 minutes from 800am to 600pm and 1 hour and 40 minutes from 600pm to 1100pm.
Areas PQRSTUVW will have power cuts of one hour from 1030am to 0430pm and 1 hour and 40 minutes from 0430pm to 0930pm.
Download the power cut schedule for March 23 from 23-03-2022-Power-cut-schedule
Sri Lanka’s power regulator is considering a hike in electricity prices.
Also read: Sri Lanka to hike electricity tariff after rupee fall
Sri Lanka is facing forex shortages due to money printed to keep interest rates low and the country has run out of reserves and the currency has been floated.
However, the float has not yet taken place and the rupee has fallen from 203 to 275 to the dollar and prices are getting validated at that level. (Colombo/March 23/2022)
