Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka urged to look towards alternate power sources
Tue, Jan 22, 2013, 12:32 am SL Time, ColomboPage News Desk, Sri Lanka.

Jan 21, Colombo: For Sri Lanka to avoid incurring heavy losses in providing energy and to accelerate economic development, it is compulsory for the country to look for alternate energy sources, a senior government minister said today.

Participating in a function to launch a website of the Public Utilities Commission, Senior Minister and Deputy Finance Minister Dr. Sarath Amunugama said today both state institutions responsible for power supply, Ceylon Electricity Board and the Ceylon Petroleum Corporation are running at huge losses

The two state institutions providing electricity and fuel to the public are weighing down the economy, the Minister added.

The website of the Public Utilities Commission was launched to address the problems of around 5.5 million electricity consumers.

Minister Amunugama said the Public Utility Commission has been entrusted the responsibility to safeguard the electricity consumer and the producer through a price regulatory mechanism.

Chairman of the Commission Dr. Jayatissa de Costa said that the Commission which is the responsible authority for price regulation of electricity consumption has saved 86 billion rupees through its activities.



ColomboPage - Recent 10 Stories
Yves Saint Laurent Beauté launched in Sri Lanka
-- [3 hours ago]
President tells Chief Ministers to prepare for Provincial Council elections
-- [3 hours ago]
India announces IIT Entrance Test in Colombo
-- [5 hours ago]
Resettlement Ministry constructs over 11,000 houses in war affected areas
-- [6 hours ago]
Court of Appeal orders CID to find three naval officers acquitted of TNA MP Raviraj murder
-- [6 hours ago]
Sri Lanka energy regulator plans to launch guidelines on power outages
-- [8 hours ago]
Sri Lanka's state owned retail network chain Sathosa will not be privatized, Minister vows
Sri Lanka Finance Minister promises to reduce current taxes and pass benefits to people
U.S., Sri Lanka Marines, Sailors work together on disaster relief, humanitarian assistance operations
Sri Lanka Central Bank says Monetary Board to take action against any wrongdoing in Employees' Provident Fund transactions

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.