ECONOMYNEXT – Engineers at state-run Ceylon Electricity Board has said they will go ahead with a work-to-rule campaign which may lead to extended power cuts, saying no steps were taken to approve a low cost power plan by the regulator despite a request by the President. A work-to-rule may result …
ECONOMYNEXT – Sri Lanka’s state-run Ceylon Electricity Board’s short term debt has soared 50 percent to 138 billion rupees, as the utility lost 45.7 billion rupees as diesel generation costs rose with a dividend from coal power ending. Unaudited data had shown that cost of electricity at selling point was …
ECONOMYNEXT – State-run Ceylon Electricity Board has shut down one of three coal plants in Sri Lanka’s North West coast after an environmental agency rapped it for missing environmental standards. The CEB shut down the plant on April 11 to fix malfunctioning equipment that scrubs particles and …
The Ceylon Electricity Board Joint Trade Union Alliance suspended its strike after handing over letter to Prime Minister’s secretary Saman Ekanayeke. Convener Ranjan Jayalal said they had requested the Secretary inquire into the CEB’s alleged misappropriation of some Rs.2,000 million which had …
The event, which was organised by the American Chamber of Commerce in Sri Lanka, was graced by President Maithripala Sirisena. At the event, the …