INSUBCONTINENT EXCLUSIVE:
The members of Public Utilities Commission (PUCSL) have actually unanimously chosen not to implement an interim tariff modification with a
retrospective effect.The decision of the electricity sector regulators members was communicated by the PUCSL chairman, Janaka
Ratnayake.Earlier this month, Ratnayake raised concerns about the electrical energy tariff revision which was green-lighted by the Cabinet
of Ministers, mentioning that it can not be executed with retrospective impact, pursuant to per the Electricity Act.Later, there was a rift
in the PUCSL as two of its members went back on the choice taken at the commissions board meeting and agreed to carry out the tariff
revision retrospectively, following a conference with the President
It was reported that Ratnayake had not been invited to the stated meeting.Last week, the PUCSL told the National Council that its members
have actually taken a consentaneous choice to send out relevant files to the Attorney General, seeking advice on the possibility of
increasing electricity tariffs retrospectively and trigger approval for the move.At the National Council meeting, Power - & Energy Minister
Kanchana Wijesekera has remembered the electrical power charges revision in 2014, which entered impact retrospectively.
