ECONOMYNEXT – Power cuts of 6 hours and 20 minutes for some areas in Sri Lanka and 5 hours for other areas were approved in two blocks for March 24 Thursday, 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 0800am to 0600pm and 1 hour and 40 minutes from 600pm to 1100pm.
Areas PQRSTUVW will have power cuts of 4 hours from 30 minutes from 830am to 0530pm and 1 hour and 50 minutes from 0530pm to 1100pm.
Download the power cut schedule for March 24 from 24-03-2022-Power-Interruption-Schedule-full
Sri Lanka’s power regulator is considering a hike in electricity prices.
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)