INSUBCONTINENT EXCLUSIVE:
Minister of Power and Energy Kanchana Wijesekera has assured that the Ceylon Petroleum Corporation (CPC) is on a path towards achieving
the Electricity Board and the Petroleum Corporation.Meanwhile, addressing accusations from various parties regarding the electricity price
3.5 million out of the total 6 million consumers.Addressing the press conference the minister said;In the past year, our country faced
challenges such as fuel queues and power cuts
However, under the decisions made by the new government, significant progress has been achieved in eliminating fuel queues and ensuring
continuous electricity supply.The revision of electricity prices took place in January and June, benefiting around 6 million household
concessions were provided to the industrial sector during the price revision
There are approximately 40,000 registered religious shrines, and about 15,000 of them consume less than 30 units of electricity.The
electricity board had been facing significant financial losses, with a total loss of Rs
The government has successfully completed all payments to suppliers and has created a favourable environment for initiating new renewable
the strengthened financial position, the electricity board plans to resume maintenance work and provide new connections that were put on
efforts are underway to fulfil the remaining connections within the next two months.Furthermore, the Petroleum Statutory Corporation has
commence fuel supply by the end of this month, and the first fuel shipment is expected to arrive in Sri Lanka at the same time
Around 150 fuel stations have been registered by these agencies so far, ensuring reliable fuel availability.After the arrival of their ship
in Sri Lanka, fuel distribution was initially carried out under the name of Ceypetco.However, future distribution will be conducted under
To address outstanding debts, including those owed to Indian and Iranian creditors as well as fuel suppliers, the Ministry of Finance has
imposed a tax of Rs.50 per liter of fuel during distribution.The Petroleum Corporation has successfully repaid all loans owed to the Bank of
Corporation will continue as planned
The revised draft for the restructuring of the Electricity Board has been forwarded to legislators, and once received, it will be submitted
regard.There is no pressure on the employees of the electricity board, and efforts are being made to verify the status of employees who have
completed NVQ courses but are currently unemployed.Legal actions are being taken against fuel stations that failed to maintain oil stocks
during the fuel price revision
fuel filling stations that did not comply with stock maintenance requirements during fuel price revisions, and future plans involve
implementing appropriate legal measures.The decision has been made not to hire new employees, as the current number of employees in the
to enhance the effectiveness and efficiency of government institutions based on collective decisions.Investors who previously submitted
tenders for renewable energy have not yet responded
call for 500 megawatts of renewable energy is expected to be cancelled in the upcoming cabinet meeting, and a fresh tender call will be
Their energy generation is projected to be integrated into the national grid by December of next year.While the majority of employees from
these institutions have expressed their desire for the restructuring of the Petroleum Corporation and the Electricity Board, some protests
loss-making organizations is not deemed acceptable
Such practices are not prevalent in any country worldwide
A 25% salary increase every three years for the 24,000 employees of the Electricity Board has been discontinued.Salary increments are
salary increments selectively rather than uniformly across an organization
contribute effectively.In collaboration with Indian loan assistance, plans are underway to equip government institutions and religious sites
Each religious place will be provided with a five kilowatt solar panel, while government institutions will receive solar panels suitable for
The implementation of this project is scheduled to commence within the next two months.Attention has also been directed towards exploring
nuclear energy options, with plans to incorporate it into the 2023-2042 generation plan.A comprehensive evaluation will determine the
suitability and viability of nuclear energy for our country, and subsequent decisions will be made accordingly.
