The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» ඊ.ටි.අයි ෆිනෑන්ස් විකිණිමට මහ බැංකුවේ අවසරය
Today at 9:43 pm by Ethical Trader

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
Today at 9:42 pm by Ethical Trader

» LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)
Today at 9:40 pm by Ethical Trader

» Dividend Announcement
Today at 9:33 pm by Ethical Trader

» Theory of Everything
Today at 9:21 pm by Ethical Trader

» Elsewhere vs SL : Honesty, Social responsibility , Word twisting and Decency
Today at 8:53 pm by Yin-Yang

» Whats ailing Sri Lanka ? Why we are what we are!
Today at 6:02 pm by Yin-Yang

» Karl Marx and the Social Sciences
Sun May 20, 2018 11:25 pm by Backstage

» Your Face Is Now in a Database
Sun May 20, 2018 10:47 am by කිත්සිරි ද සිල්වා

» ජපානය: තත්පර විසිපහකට පෙර දුම්රිය පිටත් වූවාට 'සමාවෙන්න'
Fri May 18, 2018 10:10 pm by Ethical Trader

» Sri Lanka still good for global equity investors
Tue May 15, 2018 6:42 pm by Ethical Trader

» Thilak Karunaratne No More at SEC – Mangala Confirms
Tue May 15, 2018 12:48 pm by Ethical Trader

» Cartoon of the day...
Tue May 15, 2018 12:38 pm by Ethical Trader

» How to Mismanage a World
Tue May 15, 2018 12:31 pm by කිත්සිරි ද සිල්වා

» How the British Learnt to Speak Sinhala
Tue May 15, 2018 1:10 am by slstock

» රත්‍රං ආනයන සීඝ්‍රයෙන් ඉහළට – වෙළෙඳ හිඟය තවදුරටත් පුළුල් වෙයි
Mon May 14, 2018 5:53 pm by Ethical Trader

» ඇඟලුම් අපනයන ආදායම – ඇමරිකාවෙන් පහළට යුරෝපයෙන් ඉහළට
Mon May 14, 2018 5:52 pm by Ethical Trader

» බැඳුම්කර විදෙස් ආයෝජන ඉවතට – පෙබරවාරියේ දී ඩොලර් මිලියන 55 ක ශුද්ධ ගෙවීමක්
Mon May 14, 2018 5:51 pm by Ethical Trader

» Flying is the Safest mode of Transport
Mon May 14, 2018 5:49 pm by Ethical Trader

» Student presents thesis in underwear !
Mon May 14, 2018 5:38 pm by Ethical Trader

» In the Meantime, Within Our Shores !
Mon May 14, 2018 1:03 pm by slstock

» රුපියල බේරගන්න ඩොලර් මිලියන 100 කින් මහ බැංකුව මැදිහත් වෙයි
Mon May 14, 2018 1:00 pm by slstock

» Hello and CSE ?
Mon May 14, 2018 12:17 pm by slstock

» LIOC.N0000 (Lanka IOC PLC)
Mon May 14, 2018 11:51 am by CK

» රටේ දේශපාලන ස්ථාවරත්වය ගැන මහ බැංකු අධිපතිගේ මතය මෙන්න
Sat May 12, 2018 12:18 pm by nihal123

» Sri Lanka rupee close flat after US$136mn interventions,stocks steady
Fri May 11, 2018 7:21 pm by The Invisible

» Sri Lanka's rupee showings signs of stabilizing: Central Bank
Fri May 11, 2018 7:17 pm by The Invisible

» Sri Lanka's central bank caught between peg and a hard place
Fri May 11, 2018 7:15 pm by The Invisible

» Sri Lanka to re-price fuel every two months on formula
Fri May 11, 2018 7:11 pm by The Invisible

» ඩොලර් රුපියල් සටන
Fri May 11, 2018 5:39 pm by Ethical Trader

» Age is just a number
Fri May 11, 2018 2:38 pm by කිත්සිරි ද සිල්වා

» Citizen Police Action
Fri May 11, 2018 8:33 am by කිත්සිරි ද සිල්වා

» In every five minutes
Wed May 09, 2018 8:00 pm by spw19721

» ASIY.N0000 (ASIA SIYAKA COMMODITIES PLC)
Wed May 09, 2018 8:06 am by yellow knife

» Sri Lanka's Sampath Bank March 2018 quarter net profit up 41.4-pct
Fri May 04, 2018 8:15 pm by The Invisible

» Sri Lanka rupee gains from intervention, stocks down 0.26-pct
Fri May 04, 2018 8:11 pm by The Invisible

» Help CSE to catch manipulators!
Fri May 04, 2018 5:21 pm by Ethical Trader

» Yahapalanaya in action.
Fri May 04, 2018 4:54 pm by Ethical Trader

» COMB, HNB, SAMP, SEYB, PABC, UBC, NTB, DFCC & NDB
Fri May 04, 2018 11:47 am by The Invisible

» ජනාධිපති කාර්ය මණ්ඩල ප්‍රධානියා අල්ලස් දැලේ
Fri May 04, 2018 6:02 am by Ethical Trader

» Sri Lanka rupee gains after intervention, stocks marginally up
Thu May 03, 2018 10:12 pm by The Invisible

» Sri Lanka's glyphosate ban cost Rs35bn in crop losses: farm managers
Thu May 03, 2018 10:10 pm by The Invisible

» මූල්‍ය නොවන රාජ්‍ය ආයතනවල නොපියවූ ණය රු. බිලියන 844 ඉක්මවයි
Thu May 03, 2018 2:52 pm by Rana

» අර්ථසාධකේ ආයෝජන ආදායම 15% කින් වැඩිවෙද්දී ලාභාංශ ආදායම 30% කින් අඩුවෙලා
Thu May 03, 2018 2:48 pm by slstock

» Sri Lanka political uncertainty seen undermining investor confidence: Fitch
Thu May 03, 2018 12:33 pm by Ethical Trader

» ලෝක ශ්‍රේණිගත කිරීම්වල ශ‍්‍රී ලංකා පිල ඇෆ්ගනිස්තානයටත් වඩා පහලට ඇද වැටේ..!
Thu May 03, 2018 9:22 am by කිත්සිරි ද සිල්වා

» Food and Beverages
Thu May 03, 2018 8:14 am by yellow knife

» Obituary Notice.
Tue May 01, 2018 9:47 am by Backstage

» EPF follows streamlined methodology in investing in CSE and Unit Trusts
Tue May 01, 2018 9:28 am by Backstage

» Sri Lanka's central bank kills Rs19bn in printed money, supporting rupee
Sat Apr 28, 2018 9:54 pm by nihal123

May 2018
SunMonTueWedThuFriSat
  12345
6789101112
13141516171819
20212223242526
2728293031  

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Sri Lanka to standardize power sockets as 'square pin' from next year

Go down

Sri Lanka to standardize power sockets as 'square pin' from next year

Post by AjithR on Mon Nov 16, 2015 4:26 pm


Nov 16, 2015 07:29 AM GMT+0530 | 1 Comment(s)



ECONOMYNEXT - Sri Lanka's power regulator is planning to standardise electrical plugs and sockets in Sri Lanka as the 13 Ampere 'square pin' type and ban the import and manufacture of alternative units from 2016.

At the moment a confusing array of plugs and sockets are in use in Sri Lanka requiring different adapters, while the quality of some of the accessories are also in doubt, making them unsafe.

The power regulator, the Public Utilities Commission of Sri Lanka has published a consultation paper on standardizing plugs and sockets, and had already sought and received public views on the proposed plan.

Many countries have a single or dual standard. The square pin or 'Type G' which are safer and provides a better fit than round pin plugs. Experts caution that using multi-plugs are also not safe.

Time Line

The PUC proposes to ban the import to Sri Lanka or manufacture of electrical appliances with plugs other than the 'type G' or 'square pin' from May 01, 2016.

The sale of such appliances will be banned from May 01, 2017, with any remaining stocks to be sold after being replaced with a square pin plug.

Double insulated electrical appliance that are now sold with a 'two pin' plug will have to be sold in the future with a 'square pin' plug containing a dummy pin for the earth wire.

The regulator proposes to ban the import or manufacture of sockets other than 'type G' sockets from May 01, 2016. The sale of such sockets will be banned, a year later from May 01, 2017.

As a transitional arrangement the regulator also proposes manufacturers to produce a specially marked 'square pin' plug to replace existing sockets wired for 5 Amperes, when old sockets need to be replaced.

Any wall sockets already fixed will be allowed to remain until the end of their useful lives.

But all new wiring of new house, re-wiring of old houses or extensions after 01 May 2016 should only have square pin sockets, with a thicker (more expensive) load wire.

State backed high prices

In Sri Lanka all houses have many so-called 5 Ampere plugs (round pin) wired with cheaper 1.044 cables with only a few 13 or 15A sockets and circuits.

Power cables prices in Sri Lanka are artificially kept up as manufacturers have lobbied politicians to push up import taxes to eliminate competition and exploit customers with high process to earn extra high profits or rents.

In Sri Lanka, bad quality imports of all types of building materials is also promoted by the State which is charging high import taxes to artificially boost the market share and profits nationalist politically-savvy domestic producers.

High taxes to block imports also force the import of low quality materials - including factory rejects - putting better quality products out of reach of the poorest consumers.

Though copper and polymer prices have collapsed over the last few years, along with steel, precious metals and oil, import taxes have helped keep the price of electrical wiring costs high.

While standardizing building wiring codes, or setting minimum safety standards for accessories or the future import of standardized electrical appliances can help promote safety and ease of use, freedom advocates say regulators who wield coercive power should think carefully about 'banning' the import of multi-plugs, convertor adaptors or any other item.

Unlike Sri Lanka's Treasury which hatches taxes in secret and unleashes them through mid-night gazettes through a 'minister's prerogative' (see Royal Prerogative) like a latter day feudal state, the PUCSL goes to great lengths to seek public consultations like a parliament in a free country.

Economic analysts say once wiring the import of electrical goods with 'square pin' plugs is made mandatory, there is likely to be a surge in demand for 'square to round pin' adapters in the country.

Unintended Consequences

If the import and sale of 'round to square pin' adaptors is banned, a large 'black market' may develop and an entire population could be put in difficulties and a 'victimless crime' may enter the statute books if sellers are raided and punished by the consumer affairs authority.

The poor who are unable to get friends from abroad to bring such convertor plugs or buy convertor adaptors on e-bay may be the hardest hit.

There will also be a surge in demand for the specially marked 05 amp square pin sockets that will replace existing 5A sockets which break or wear off, giving a captive market to domestic manufacturers.

Since manufacturers in the power sector have a record of oppressing consumers with high prices and protectionism, the regulator should take special care to ensure that consumers who will now be cornered are not exploited again, freedom advocates say.

Despite the best intentions to have special instruction on the square pin 5-amp socket, it could also turn out to be a major safety problem. Different pin sizes are used in different plugs to make it physically impossible for careless users to mistake sockets.

Freedom advocates say ideally the regulator should only impose the building code, making the 'square pin' plugs mandatory in wiring regulation.

The State should then expand freedoms of the people to follow the regulation, by bringing the import taxes on 13 amp cables to the level of a free country to enable people to follow the regulation at the least cost.

Over time the entire market will then move to the import and sale of 'square pin' type products and the demand for adaptors would gradually diminish without any further state interventions with un-intended consequences such as a 'ban' which could infringe on the personal economic freedoms of the people and put them in difficulties.

Grandfathered

Allowing existing wiring to remain for their useful lives, a legislating tactic known as 'grandfathering' is a good practice for regulators who want to promote just rule of law and freedom to follow.

However banning the import of convertor adaptors could undermine the freedom, just rule and good intentions of the 'grandfathering move' as people will not be able to make use of the old sockets if convertor adaptors are banned.

If convertor adaptors are banned, people will be coerced to buy the specially marked sockets for reasons that have nothing to do with safety.

Sri Lanka has already been hard hit by state interventions, restrictions of freedoms and is emerging from a civil war was also partly triggered created due to excessive nationalism and intervention in language and other freedoms of the people.

The regulator may also have to use the 'import and export control act' enacted in 1969 before the economy was closed, to impose the new rules. There already been calls for the draconian act to be repealed to expand people's freedom and the country's progress.

Other than to impose essential safety standards, the import and export control act should be sparingly used until it is reformed or repealed, freedom advocates say.

Before setting quality standards regulators should also examine whether there are any import duties that force people to import and consume lower quality goods. (Colombo/Nov16/2015).
http://www.economynext.com/Sri_Lanka_to_standardize_power_sockets_as__square_pin__from_next_year-3-3507-8.html
avatar
AjithR

Posts : 249
Join date : 2014-09-15

Back to top Go down

Re: Sri Lanka to standardize power sockets as 'square pin' from next year

Post by කිත්සිරි ද සිල්වා on Mon Nov 16, 2015 7:17 pm

Thanks Ajith.
(Good and wise move).
avatar
කිත්සිරි ද සිල්වා
Top contributor
Top contributor

Posts : 7224
Join date : 2014-02-23
Age : 60
Location : රජ්ගම

Back to top Go down

Re: Sri Lanka to standardize power sockets as 'square pin' from next year

Post by pjrngroup on Mon Nov 16, 2015 11:09 pm

Something good happening. thanks for sharing the info.

pjrngroup

Posts : 255
Join date : 2015-11-01

Back to top Go down

Re: Sri Lanka to standardize power sockets as 'square pin' from next year

Post by malanp on Tue Nov 17, 2015 7:41 am

few have awaken , another 20m in deep sleep..

malanp

Posts : 373
Join date : 2014-03-04

Back to top Go down

Re: Sri Lanka to standardize power sockets as 'square pin' from next year

Post by Hybrid on Tue Nov 17, 2015 8:02 am

Whatever the changes in the import regulations the government should ensure that the common man can get a SQUARE MEAL and well ROUNDED living standards.

Taxes are not to be a wealthy nation but to ensure equality and subsistence.
avatar
Hybrid

Posts : 745
Join date : 2015-02-03
Location : Colombo

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum