- Last Update 2025-05-31 09:21:00
CPC owed Rs 154 billion in unsettled loans
The Ceylon Petroleum Corporation (CPC) has informed Power and Energy Minister Mahinda Amaraweera that Government institutions and others owe the CPC Rs 154 billion in outstanding loans as at December 2020.
A report forwarded by the CPC to Minister Amaraweera states that the Ceylon Electricity Board (CEB) owes most to the CPC, with Rs 86 billion in unsettled loans. The report notes that SriLankan Airlines owes Rs 48 billion to the CPC. Meanwhile, SriLanka Railways, Sri Lanka Transport Board (SLTB) and the Road Development Authority (RDA) owes the CPC a combined amount of Rs 49 billion.
Independent Power Producers owe Rs 10 billion while the Three Armed Forces owe Rs 1.5 billion to the CPC, the report adds.
-
Still No Comments Posted.
- May 24, 2025 - 647 - 0
Funeral of Malini Fonseka with state honours on Monday
The funeral of arguably the Queen of the Sinhala cinema Malini Fonseka, will be held with state honours on Monday, May 26, 2025, at the Independence Square.
- May 21, 2025 - 273 - 0
A state in limbo
The NPP government has been at the wheel for almost 6 months now. The time to keep looking at the rear view mirror and living in the past is about over.
- May 24, 2025 - 199 - 0
Three SJB Electoral organisers tender resignations
Three Electoral Organisers of the Samagi Jana Balawegaya tendered their resignations.
- May 29, 2025 - 192 - 0
Mahindananda and Nalin Fernando Jailed
Former Sports Minister Mahindananda Aluthgamage and former Sathosa Chairman Nalin Fernando have sentenced to 20 and 25 years respectively after they were found guilty in a case of fraud.
Related Articles
In Pix: Weather situation in Colombo
- 30/05/2025 - 108 - 0
SLAF helicopter airlifts fishermen to safety
- 30/05/2025 - 45 - 0
Heavy winds and showers cause damages across the country
- 30/05/2025 - 70 - 0
Leave Comments