Light bill hike proposal linked to Rs. 11.5bn golden handshake View(s):By Kapila BandaraA ‘golden handshake’ worth Rs 11.554 billion for workers choosing voluntary early exit will be funded by raising electricity tariffs from January to March, the Ceylon Electricity Board has proposed to the regulator. It “has been converted to a 5-year loan’’ and instalments to March are Rs 874.23 million. The state electricity monopoly proposes to increase tariffs by an overall 11.57% to bridge an estimated Rs 13.094b financial deficit from January to March. Share This Post FacebookTwitterEmail × Send Email to FriendSend Please enter valid email WhatsappDeliciousDiggGoogleStumbleuponRedditTechnoratiYahooBloggerMyspaceRSS

Source: Sunday Times January 03, 2026 18:59 UTC