News
N’cholai power plant unit reactivated
by Ifham Nizam
One of the Norochcholai coal-fired power plant units, shutdown for routine maintenance, had been reactivated yesterday, a senior Electrical Engineer of the Ceylon Electricity Board said.The generator at the Plant was shut down on 22 Dec., for ‘early annual maintenance’ but the CEB engineers claim the shutdown was due to lack of coal. It caused a loss of 300 MW to the national power grid, and the shortfall was met with power produced by thermal generation plants.
The Power and Energy Ministry said that a shipment of 60,000 MT of coal had reached Sri Lanka on Friday (6).The Ministry said that another five coal shipments were expected to reach this month and payments for the five shipments had already been made.Meanwhile, a proposal is made to once again increase the electricity tariff, and the matter would be taken up today in Parliament.
Power and Energy Minister Kanchana Wijesekera said the objective of the tariff hike was to cover the cost of providing a continuous supply of electricity.Public Utilities Commission of Sri Lanka (PUCSL) Chairman Janaka Ratnayake said that the PUCSL was not considering any tariff hike at the moment.
He asked the government to look into the actual financial data of the CEB to improve the cash-flow management.He also took exception to the presentation made to the Cabinet on the proposed electricity tariff hike noting that the presentation was made by the newly appointed General Manager of the Board, an engineer and the Secretary to the Ministry of Power and Energy, completely disregarding the proper procedure.
News
“Sri Lanka’s Economic Revival – Reflection on the Journey from Crisis to Recovery” by Mahinda Siriwardana presented to the President
The book “Sri Lanka’s Economic Revival – Reflection on the Journey from Crisis to Recovery” ,authored by Secretary to the Ministry of Finance, Mr. Mahinda Siriwardana, was officially launched this morning (08) at the Galle Face Hotel, Colombo, with the participation of President Anura Kumara Disanayake.
The first copy of the publication was formally presented to President Disanayake by Mr. Siriwardana during the event.
It has been reported that former State Minister Sivanesathurai Chandrakanthan alias ‘Pilleyan’ has been arrested by the Criminal Investigation Department (CID).
A meeting between President Anura Kumara Disanayake and senior officials of SriLankan Airlines was held this afternoon (April 8) at the Presidential Secretariat.
The discussions mainly focused on proposals to transform SriLankan Airlines into a more profitable state-owned enterprise. Special attention was also given to possible short-term and long-term solutions for the airline’s debt management.
The talks further explored new investment opportunities for the airline. The President instructed the officials to take all necessary steps to transform SriLankan Airlines into a profit-making entity.
Although the airline has recorded operational profits, due to past mismanagement and poor decision-making, it remains one of the leading loss-making state enterprises. The current government has decided to reverse the previous administration’s decision to privatize the airline. Instead, it plans to continue operating it as the national carrier while introducing a new management structure to ensure its profitability moving forward.
Minister of Labour and Deputy Minister of Economic Development Dr. Anil Jayantha Fernando, President’s Senior Advisor Duminda Hulangamuwa, Chairman of SriLankan Airlines Sarath Ganegoda along with several senior officials of SriLankan Airlines, were present at the meeting.
“Sri Lanka’s Economic Revival – Reflection on the Journey from Crisis to Recovery” by Mahinda Siriwardana presented to the President
Former state minister arrested by CID
President meets with senior officials of SriLankan Airlines
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