Sri Lanka's power regulator said on Tuesday it had approved a 75% hike in power tariffs.

"The Commission decided to approve a fair electricity tariff, taking all these public and other stakeholder comments into consideration," Janaka Ratanayke, chairman of the Public Utilities Commission of Sri Lanka, said in a statement. (Reporting by Uditha Jayasinghe in Colombo, writing by Shilpa Jamkhandikar, editing by Andrew Heavens)