No power cuts despite foreign exchange crisis: Govt.

29 November 2021 02:29 pm - 10 - {{hitsCtrl.values.hits}}

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Sri Lanka will not experience power cuts although there is a foreign exchange crisis, the government assured today.

Minister of Petroleum Udaya Gammanpila was responding to a question raised by UNP MP and Former Prime Minister Ranil Wickremeisnghe in Parliament.

Mr. Wickremesinghe said the country is in for power cuts because of the foreign exchange shortage crisis as there are no dollars to make payments for coal and oil.

“Nearly 55% of the country's electricity is generated through hydro power at the moment. The demand for furnace oil has declined as a result,” the Minister said in response.

“Besides there is a stock of 70,000 metric tons left in storages and this could be utilized in the event of a drought. We have given priority to import fuel and pharmaceuticals and other health related products in the wake of exchange rates issues,” he added.

Mr. Wickremesinghe earlier said there could be power cuts and other serious issues because of the exchange rate crisis.

“As per the information we have received, Sri Lanka’s foreign reserves have declined to US$ 1.5 billion at the moment. Therefore we request the government to reveal Sri Lanka’s economic situation. As we understand some details have been sent to IMF,” he said.(Yohan Perera and Ajith Siriwardana)

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Comments - 10

VJ Monday, 29 November 2021 03:20 PM

This is his way of saying power cuts are coming.

Grace Monday, 29 November 2021 03:33 PM

Everybody knows you are a man of words.

Roshanaly Monday, 29 November 2021 03:35 PM

When you say no power cut, that means there will be power cut in future. Unfortunately the public cannot save the power like the fuel.

Punchi Banda Monday, 29 November 2021 04:36 PM

We will play China against India and vice versa and get money from both. There will be no crisis

Robert Cook Monday, 29 November 2021 09:39 PM

No power cuts. Then why have I been sitting in the dark for 2 hours tonight. Man you are a joke.

Lala Monday, 29 November 2021 09:56 PM

Thanks where you. Without your voice I couldn’t sleep. Today good sound sleep.

Arnold Tuesday, 30 November 2021 08:35 AM

Tea exporters are going back a 100 years to shipping tea in bulk with no value addition. Soon they will be shipping their tea bagging machines and packing machines to their buyers as getting packing materials have become difficult and expensive.

sam Tuesday, 30 November 2021 08:45 AM

Your view is not practical because there will be power failures instead of cuts.

Ranaweera Tuesday, 30 November 2021 08:57 AM

This mouth has some bad omen. Immediately after his talk, power outages in most parts of the country. Can you keep your mouth shut for some time please.

Kumara Dharmarathne Tuesday, 30 November 2021 11:25 AM

You are well aware that it's easier to fool the people than to convince them that they have been fooled.

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No power cuts despite foreign exchange crisis: Govt.

Comments - 10

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