Tag Archives: LMSL

Senior citizen and former left wing politician Vasudeva Nanayakkara, who drew attention as a public activist as the successful petitioner in the Lanka Marine Services Ltd., (LMSL), is now threatening to take up another public interest issue in court – failure of the Telecommunications Regulatory Commission’s (TRC) to comply with a Supreme Court (SC) order of May 7, 2007 to draw up a new tariff structure.

In a letter dated October 10, 2008 to TRC Director General Priyantha Kariyapperuma – copied to The Sunday Times – Mr. Nanayakkara states that ‘OPA’s experts in their presentation to the TRC, around March 2008, explained and established that the TRC’s tariff proposal recommended to the SC is flawed mathematically and technically and that it is in violation of the provisions in the Sri Lanka.

In particular, Mr. Nanayakkara writes that the TRC did not put up to the SC that the per-line operating costs of the SLT since its privatization in 1998 has been declining at around 15% per annum. The TRC also provided disinformation to the SC, to conceal the urgent need arising from above, to update the outdated X factor of price cap CPI – X. The X factor is not a one-time ..read more