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 Lanka Freedom Party can consolidate freedom to the whole nation - President
-- [1 hour and 26 minutes ago]
Nigerian military delegation in Sri Lanka to learn about welfare systems in Tri Services
-- [2 hours ago]
IFIMES presents a high award to Sri Lanka Foreign Minister
-- [2 hours ago]
IFIMES presents a high award to Sri Lanka Foreign Minister
-- [2 hours ago]
Secretary of Sri Lanka Ministry of Justice summoned before Human Rights Commission
-- [3 hours ago]
Sri Lanka to introduce a certified price for rubber
-- [3 hours ago]
Coalition party of Sri Lankan government proposes 40% increase in basic salary for public employees
-- [3 hours ago]
Sri Lanka Election Secretariat to monitor postal voting of Uva Provincial Council election
-- [4 hours ago]
One Health International Conference at Sri Lanka's Peradeniya University
-- [5 hours ago]
Sri Lanka Navy arrests nine Indian fishermen
-- [5 hours ago]

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.