- Last Update 2024-08-01 10:20:00
CEB expected to incur losses worth Rs 120 billion in 2020
The Ceylon Electricity Board (CEB) is expected to incur losses upto Rs 120 billion this year due to the lack of power generation projects, Power and Energy Minister Mahinda Amaraweera said.
He claimed that the CEB had suffered losses amounting to Rs 85 billion last year as the previous government had not undertaken any power-related projects since 2017.
Accordingly, Mr. Amaraweera stated that the current government will initiate new projects in a bid to recover the losses faced by the state authority.
(Reporting by Damith Wickramasekara)
-
Still No Comments Posted.
- July 24, 2024 - 248 - 0
SC issues Interim Order preventing Deshabandu functioning as IGP
An interim order prohibiting Deshabandu Tennakoon from carrying out his duties as Inspector General of Police (IGP) has been issued by the Supreme Court.
- July 26, 2024 - 221 - 0
Presidential election on Sep 21
The Presidential election will be held on September 21, the Commission of Elections has decided.
- July 25, 2024 - 214 - 0
Dr. Wickramabahu Karunaratne no more
The former leader of the New Sama Samaja Party (NSSP) and the New Left Front and well-known figure in left-wing politics in Sri Lanka, Dr. Wickramabahu Karunaratne, passed away at the age of 81.
Related Articles
Wijeyadasa Rajapakshe place deposit to contest upcoming Presidential polls
- 01/08/2024 - 5 - 0
One Indian fisherman killed & another missing after collided with Navy vessel
- 01/08/2024 - 14 - 0
South Korea resumes ODA concessional loan projects in Sri Lanka
- 01/08/2024 - 3 - 0
No fuel price revisions for August
- 31/07/2024 - 35 - 0
Leave Comments