Oct 14, Colombo: The National Electricity Consumers' Movement (NECM) says that Sri Lanka's state-owned power supplier, Ceylon Electricity Board (CEB) is incurring an additional loss of Rs. 3.6 billion due to the shutdown of the Norochcholai coal power plant.
The Norochcholai coal power plant was shut down in August this year for maintenance work and has not yet commenced operations.
The NECM said that a date is yet to be announced to re-commence the operations of the coal power plant.
NECM Advisor, Bandula Chandrasekera has said that the Norochcholai coal power plant has been shut down for over 50 days now, but has been broken down on numerous occasions since it was commissioned.
He explained that the CEB would lose Rs. 72 million per day in monies spent on purchasing power from independent power producers (IPPs).
The CEB has so far entered into agreements with 11 IPPs to purchase power at rates ranging from Rs 22 to Rs 40 per unit.