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* Three state institutions owe Rs. 154 billion to the CPC -Secretary to the Ministry of Energy
Thu, Oct 14, 2021, 10:20 am SL Time, ColomboPage News Desk, Sri Lanka.

Oct 14, Colombo: Three state-owned enterprises owe Rs. 154 billion to the Ceylon Petroleum Corporation (CPC), Secretary to the Ministry of Energy Ms. D.R. Olga has said.

The official added that the Ceylon Electricity Board owes the largest amount of those debt and that amount is around Rs. 79 billion.

In addition, SriLankan Airlines owes Rs. 67 billion and independent power generators owe Rs. 8 billion to the Ceylon Petroleum Corporation, the Secretary has told state-owned Sinhala daily ‘Dinamina’.

Ms. Olga stressed that these three institutions alone owe Rs. 154 billion.

In addition, about Rs. 1 billion has to be paid by other government agencies, but that money is usually a settlement, she said.

 

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