ECONOMYNEXT – Power cuts of 5 hours for some areas in Sri Lanka and over three hours for other areas were approved in two blocks for March 26 Saturday, Public Utilities Commission Chairman Janaka Ratnayake said as a forex crisis creates power shortages in the dry season.
Areas PQRSTUVW will have 2 hours and 15 minutes of power cuts from 8.30am to 5.30pm and 1 hour and 50 minutes from 5.30pm to 11.00pm.
Areas ABCDEFGHIJKL will have 3 hours and 20 minutes of power cuts from 8.00am to 6.00pm and 1 hour and 40 minutes from 600pm to 1100pm.
Download the power cut schedule for March 28 from 28-03-2022-Power-Interruption-Schedule
Over the weekend the PUCSL increased the power cuts after demand went up. The regulator has not yet given a price increase for power and people are shifting to electricity as gas prices went up and shortages emerged.
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/March28/2022)
