Fri, 29 Mar 2024 Today's Paper

PCoI CEB mismanagement causes Rs.100 Bn loss: Patali

By

8 June 2019 12:02 am - 0     - {{hitsCtrl.values.hits}}

A A A

  • Stand-alone power stations are best for temporary power needs

 

By Yoshitha Perera 
The Ceylon Electricity Board (CEB) has incurred a Rs.100 billion loss because of the failure to manage and distribute its services effeciently, Minister Patali Champika Ranawaka yesterday told the Presidential Commission of Inquiry (PCoI) investigating corruption in the government.

He said a fraud had occurred when re-activating the private power stations and by signing agreements with private power producers.   
“Excess power is only needed for a short period,” the minister said and added that the CEB had incurred losses for purchasing illegal hydro-power units after 2015 and due to these emergency solutions the CEB services had worsened in the past few years.   
He said the CEB had recently requested Rs.50 billion from the Treasury to offset its losses and maintain services.   
When the PCoI asked the minister how this could be solved, the minister said Sri Lanka had resources to overcome this matter. “The best solution for emergency power failure is to hire electricity from Stand Alone Power Stations which function in institutions and factories countrywide,” the minister said.   
He said during his tenure and those of some of the previous ministers, surplus power generated by Stand Alone Power Stations had been used and they had sufficient amount of power to cover an emergency situation. 

 

 

  • Excess power is only for a short period    

Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

  Comments - 0

Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment





Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

VAT increase: SOUNDs death knell for publishers, readers

Though the Government imposed VAT (Value Added Tax) on vegetables and other e

How female change-makers are driving Sri Lanka’s energy saving platform

Saving energy has become more of a responsibility than a habit in today’s c

A dull Ramadan awaits Muslims amidst the Soaring Cost of Living

In the coming days, Muslims across the world will welcome the Holy Month of R

New wildlife underpass to curtail HEC

As of February 2024, Sri Lanka lost another 38 elephants as a result of the H