Call to implement Oct.6 Cabinet decision:

Minihydro tariff cut hits national grid

By Lionel Yodhasinghe

Prospective investors in the mini hydro power sector would deviate to other lucrative ventures while the existing hydro generating Companies would withdraw gradually following the Ceylon Electricity Board(CEB)'s decision to slash the power purchasing rate by 20 percent from Rs.5.85 per unit to Rs.4.95 last March, Grid Connected Small Hydro Power Developers' Association Chairman Dr.Nishantha Nanayakkara has warned.
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