- Last Update 2025-05-02 09:22:00
New water tariff formula from January next year
The Ministry of Water Supply is working on implementing a water tariff formula to be implemented from January, 2024, the President’s Media Division said.
The PMD quoting Minister of Water Supply and Estate Infrastructure Development Jeevan Thondaman said there are no plans to go for a water tariff revision this year, instead a new formula will be in place from next year.
“Following the water tariff hike in August 2023, there will be no further increase. The focus is now on developing a cost recovery formula, a collaborative effort with the Water Board and Asian Development Bank project, an integral part of a policy-based sub programme,” the Minister said.
According to him, the sub programme aims to contribute US 100 million dollars to the centralized budget upon completion of the project.
The water tariff formula will be applied to consumers of 2.96 million Water Board connections.
-
Still No Comments Posted.
- April 25, 2025 - 172 - 0
Rs 30 million worth tabs and mobiles left behind at duty free shop
Customs have detected 228 mobile phones and tabs valued at over Rs 30 million left behind in the duty free shopping complex at the Banaranaike International Airport today, Customs officials said.
- April 26, 2025 - 147 - 0
Your Sunday Times highlights for this week
Read this week’s Sunday Times for your interesting articles including the ’’5th Column’’.
Related Articles
News in pictures
- 01/05/2025 - 7 - 0
SLPP looks to youth led transformation of country says Namal Rajapaksa
- 01/05/2025 - 24 - 0
Corruption free politics required to develop the country says President
- 01/05/2025 - 26 - 0
Leave Comments