Lankapage Logo Recent Top Stories
Go Home Home Serving the Sri Lankan community globally since 2000
go to

Leading News from Sri Lanka::

* Sri Lanka power authority loses over Rs. 2 billion last year due to failing power plant
Wed, Jan 15, 2014, 10:05 pm SL Time, ColomboPage News Desk, Sri Lanka.

Jan 15, Colombo: Sri Lanka's state owned power supplier, the Ceylon Electricity Board (CEB) says it has incurred a loss of over Rs. 2 billion last year due to the frequent failures of Norochcholai coal power plant.

A CEB report has stated that the repeated breakdowns at the plant had resulted in a loss of Rs. 2.83 billion in 2013.

Details of the report published in the local media said that the power plant was shut down for 72 days in 2013 and that the CEB had spent Rs. 2.19 billion to purchase additional power from private thermal power plants.

The plant has also been partially operative for 43 days last year resulting in the CEB spending Rs. 640 million to purchase power from private suppliers to meet the shortfall.

The China-built power plant is currently experiencing yet another breakdown and reports state that the CEB engineers might seek assistance from Indian engineers to address the problem.

ColomboPage - Recent 10 Stories
Minister suggests increasing retirement age to 65
-- [50 minutes ago]
Sri Lanka opposition suggests joint Indo-Lanka naval patrols to prevent fishermen poaching
-- [1 hour and 19 minutes ago]
EU welcomes Sri Lanka's stance on moratorium on the Death Penalty
-- [2 hours ago]
Sri Lanka improves ranking in CPJ's Global Impunity Index
-- [2 hours ago]
Constitutional Council nominates members to four independent commissions
-- [3 hours ago]
Sri Lanka parliament to debate UNHRC resolution on Oct 20, 21
-- [3 hours ago]
Sri Lanka appoints parliamentary committee to inquire Central Bank activities during previous regime
Resolution on Sri Lanka is a key U.S. outcome at the UN Human Rights Council 30th Session
Sri Lanka Human Rights Commission hears arrested student's complaint
Sri Lanka's JVP parliamentarian elected to a post in global anti-corruption organization

Copyright © 2000, 2014 by (LLC) :
The news and other contents on ColomboPage are copyrighted property of, 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, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.