Local News

Tea factory owners panic about the increase in electricity bill

By Sahan Rathanasekara

October 28, 2022

The Association of Tea Factory Owners says that due to the increase in the electricity bill by more than two times, a severe problem has arisen in running the tea factories.

Mr. Lionel Herath, its chairman, states that the current electricity bill of a tea factory with a production of 50,000 kilos of tea has increased to Rs. 1 million with the new revision of the electricity bill.

Usually, for the production of one kilo of tea leaves, an amount of between Rs. 12-15 was spent on electricity.

With the electricity price revision, the amount has increased to Rs. 30-35.

Mr. Lionel Herath further mentioned that the increase in bank interest has also affected the tea industry in a very bad way.

Currently, 550 tea factories are operating across the country.