In a shocking turn of events, the Public Utilities Commission of Sri Lanka (PUCSL) claimed that fuel can be sold at approximately Rs. 250.
This was revealed at the Committee on Public Enterprises (COPE) meeting in Parliament yesterday (07).
Diesel and petrol can be provided to the consumer at Rs. 200 less than the current price, PUCSL Chairman Janaka Ratnayake said.
He added that the government is collecting a tax of Rs. 280 for one litre of diesel imported on July 1.
COPE asked Ratnayake about his academic background on becoming the Head of PUCSL.
He noted that he had obtained a Special Degree in Public Administration from the University of Sri Jayawardenepura and a Postgraduate Degree in Business Administration (MBA) from the University of Colombo.