Sri Lanka, Feb. 28 -- The Supreme Court has ordered the Ceylon Electricity Board (CEB) to pay annual interests for security deposits collected from all consumers when providing the electricity connections, Ada Derana reporter said.
The Supreme Court, which took into consideration a petition filedin this regard, ordered that the state-owned electricity provider must pay the annual interest of 11.67% which they are being paid by the Central Bank of Sri Lanka (CBSL) for the said deposits, to the electricity consumers of all categories including the domestic consumers.
The Ceylon Electricity Board, the Electricity Consumers' Association, its Chairman and the Secretary had filed this Fundamental Rights (FR) petition, seeking an order that th...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.