INSUBCONTINENT EXCLUSIVE:
The Supreme Court has ordered the Ceylon Electricity Board (CEB) to pay annual interests for security deposits collected from all consumers
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
petition, seeking an order that the relevant annual interests be paid to the consumers under the Article 28/III of the CEB Act, naming the
Ministry of Power and the Minister, the Public Utilities Commission of Sri Lanka and the Attorney General as the respondents of the case.The
petitions were taken up for consideration before a three-member Supreme Court judge bench comprising Justices S
Thurairaja and Sobhitha Rajakaruna today (28).
