Lankapage Logo Recent Top Stories
CP 13 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Rains reduce losses to Sri Lanka's state run electricity board
Sun, Dec 30, 2012, 11:25 am SL Time, ColomboPage News Desk, Sri Lanka.

Dec 30, Colombo: The losses incurred by the state run electricity board of Sri Lanka, the Ceylon Electricity Board (CEB) will see a reduction due to the rains experienced in the hydropower catchment areas.

The CEB's losses this year are expected to be reduced by over Rs. 5 billion due to the increase in hydropower generation as catchment areas have received heavy rainfall.

The CEB was to record a loss of Rs. 45-50 billion due to the increase in thermal power generation when the prolonged drought earlier in the year reduced the water levels in the hydropower reservoirs.

The cost of producing a unit of thermal energy varies from Rs 24 to Rs 60 while producing a unit of hydropower electricity costs only Rs 6.50.

The hydropower generation in the country reduced to less than 20 percent during the drought experienced in the country a few months ago.

Hydropower generation has increased to 80.5 percent of daily requirement while the reservoir storage capacity has reached nearly 85 percent.



ColomboPage - Recent 10 Stories
Term of 23 LG bodies end today, will not be extended - Minister
-- [8 minutes ago]
Norway calls on Sri Lanka to include international jurists in judicial mechanism
-- [31 minutes ago]
Sri Lanka demonstrated increased efforts to prevent human trafficking in 2015, but failed to meet minimum requirements - report
-- [1 hour and 16 minutes ago]
Former Sri Lanka Army chief Field Marshal Sarath Fonseka joins ruling UNP
-- [1 hour and 53 minutes ago]
Can't remove Central Bank Governor without proving allegations against him - Prime Minister
-- [2 hours ago]
Sri Lanka President joins Human Rights Commission's Anti-Torture Campaign
-- [2 hours ago]
Blue Mountain joins hands with Palmer & Turner Group Singapore to launch the first ever 7-star luxury apartment complex in Sri Lanka
-- [3 hours ago]
Sri Lanka Navy seizes suspicious cargo ship
-- [4 hours ago]
World Bank grants Sri Lanka US$ 125 million credit to modernize agriculture sector
LAUGFS Rubber showcases customized tire solutions at CeMAT, Germany

Copyright © 2000, 2012 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.