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 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
Sri Lankan government vehemently rejects media reports of pre conditions to GSP+
-- [1 hour and 22 minutes ago]
Sri Lanka urges APTA member states to expand trade, investment and economic integration
-- [1 hour and 39 minutes ago]
John Keells Holdings files its first patent related to novel energy storage material
-- [3 hours ago]
Tamil Tiger fundraiser losses battle to stay in Canada as federal court upholds deportation order
-- [3 hours ago]
Sri Lankan national arrested in India for entering illegally
-- [5 hours ago]
Sri Lanka Navy arrests two with 45 kilograms of Kerala cannabis
Namal Rajapaksa pleads not guilty to contempt of Court charges
Local government elections cannot be held before May - Election Commissioner
Construction of 100 houses for landslide victims in Aranayake begin with Chinese aid
Coca Cola interested in setting up a production plant in Sri Lanka

Copyright © 2000, 2014 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.