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Sri Lanka power ministry to bring generation cost below Rs25 rupees: Minister

ECONOMYNEXT – Sri Lanka’s power ministry is planning to bring generation costs to 25 rupees, down from 37 rupees in mid 2025 using competitive bidding, Energy Minister Kumara Jayakoday said. In July 2024, an electricity unit averaged 37 rupees and it had now come down to 29 rupees, he said. The policy of the National People’s Power administration was to reduce electricity bills by 30 percent, over three years as articulated in their election platform he said. “We are planning to bring generation costs down to 25 rupees,” Minister Jayakody said. “If we bring it down to 25 rupees a…

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