NTC to discuss bus fare hike

by Teena Marian 27-06-2022 | 9:57 AM

COLOMBO (News 1st); President of the Lanka Private Bus Owners' Association Gemunu Wijeratne said private bus operations could be reduced to 10 percent capacity today (27), amidst the fuel crisis.

The National Transport Commission (NTC) says recommendations about the revision of bus fares will be submitted to the Ministry of Transport before the 1st of July.

NTC Director-General, Nilan Miranda, said relevant recommendations will be under the National Policy.

The price revision of bus fares follows yesterday's fuel price hike.

The Ceylon Petroleum Corporation announced that CEYPETCO fuel prices have been increased with effect from 2 AM on Sunday (26). At the same time, Lanka IOC also announced that it increased its fuel prices following the CPC price revision.

The revised prices are as follows (Per Liter);

92 Octane Petrol: Rs. 470/- (Increased by Rs. 50/-)

95 Octane Petrol: Rs. 550/- (Increased by Rs. 100/-)

Auto Diesel: Rs. 460/- (Increased by Rs. 60/-)

Super Diesel: Rs. 520/- (Increased by Rs. 75/-)