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
Ten-year plan to address shortcomings in Colombo - PM
-- [1 hour and 39 minutes ago]
Uva CM surrenders to police over the principal kneeling incident
-- [2 hours ago]
Singapore and Sri Lanka sign free trade agreement
-- [2 hours ago]
Five new envoys to Sri Lanka present credentials to President
-- [2 hours ago]
Sri Lanka President seeks support of PM to punish the perpetrators of Central Bank bond scam
-- [3 hours ago]
Amended fisheries act to impose hefty fines on foreign boats illegally entering Sri Lankan territorial waters
-- [5 hours ago]
SriLankan Airlines achieves highest ever monthly revenue in December 2017
-- [6 hours ago]
Research study uses sounds of disturbed honey bees to scare away Sri Lankan elephants
Sri Lanka Human Rights Commission instructs public officials to be impartial at LG polls
CPC bans bulk sale of Lanka Kerosene

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.