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* Ceylon Electricity Board promises uninterrupted power supply despite drought
Tue, Apr 1, 2014, 09:11 pm SL Time, ColomboPage News Desk, Sri Lanka.

Apr 01, Colombo: Sri Lanka's state owned power monopoly Ceylon Electricity Board (CEB) said that the power supply would be maintained without cuts despite the drastic shortfall of hydro power generation due to the prolonged drought.

A spokesman of the CEB said that the hydro power generation has been dropped to 16% of the total power generation. Most of the hydro power reservoirs have almost dried due to the severe drought that has affected the island. The reservoir has dropped to 23.7% of total capacity.

Less rain from the Northeastern monsoon and the delay in inter monsoonal showers have caused the drought.

Over 80% of the daily power requirement is generated thermally from coal and oil incurring heavy losses to the CEB.

Reportedly, the CEB had incurred a loss of Rs. 8 billion in January alone and the losses increased marginally in February to Rs. 8.4 billion while the loss has declined slightly in March to Rs. 7.9 billion.

** Related Story :: Sri Lanka power supplier facing severe financial crisis

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