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LECO consumers to get interest for security deposits of electricity


The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator together with Lanka Electricity Company Private Limited (LECO) yesterday launched an interest pay scheme for security deposits of electricity for LECO consumers at the BMICH.
Payment of interest on electricity consumer deposits is a benefit provided to the consumer under Section 28 of the Sri Lanka Electricity Act. Accordingly, electricity utility service providers have to pay interest to electricity consumers for the electricity deposit. PUCSL has the authority to decide the interest rate that to be paid to the consumers and the PUCSL declared that the interest rate for this year would be 8.68 per cent. The interest rate changes annually. ....

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Load shedding in Delhi lowest in last two decades, says Economic Survey


Load shedding in the national capital has dropped to 0.03 per cent of the total consumption, the lowest in the last two decades, according to the Delhi Economic Survey report.
The development comes even as the number of electricity consumers in the city grew by 81.74 per cent during the decade, it said.
The report was tabled by Delhi Deputy Chief Minister Manish Sisodia in the Delhi Assembly on Monday.
Delhi, being an urban place with high load density, has seen the electricity consumption increasing from 25,668 MUs in 2010-11 to 33,082 MUs in 2019-20 .
The total power purchase in Delhi has grown by 21.37 per cent during the last ten years (from 2009-10 to 2019-20). The power purchased in Delhi has increased from 32,744 MU in 2010-11 to 35,419 MU in 2019-20, the report said. ....

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