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FSP: CEB twisting stats to help advance govt. agenda
Even if the Ceylon Electricity Board (CEB) had not increased the tariff in October 2023, it would have made a profit of 40 billion rupees, Education Secretary of the Frontline Socialist Party (FSP), Pubudu Jayagoda said.
He added that the CEB can give a tariff reduction of 33 percent this year, given that it made a profit of 50 billion rupees in 2023 and because the estimates it has come up for 2024 are faulty.
“In response, the Minister of Power and Energy said that the CEB is making a profit and that he plans to distribute a part of the profit to the people. However, according to the laws that govern the CEB, this is an institution that should not determine prices in order to make a profit. The laws say that tariffs should be determined to cover costs in a just manner.”
Jayagoda said the CEB has determined that energy cost of generating electricity will be 351 billion rupees in 2024. This number was significantly lower in 2023, i.e., by 85 billion rupees. In 2023, the maintenance costs of power plants was 19.9 billion rupees. This has increased to 81 billion rupees for 2024. If we look at the distribution cost, it was 62 billion in 2023. In 2024, it will be 133 billion rupees.
“In 2023, the CEB had spent 21 billion rupees on salaries. This year, the salary bill is 43 billion rupees. All the data I have quoted is from a report the CEB sent to the Public Utilities Commission of Sri Lanka (PUCSL). How can the salaries double? There is no decision on a salary hike or bonuses by the government,” he said.
Jayagoda said that these numbers are used by the CEB to calculate the cost of production. Even if the salaries of all CEB workers are doubled, the estimated cost of salaries would be 42 billion rupees.
“Obviously, this kind of mammoth pay hike doesn’t take place anywhere. Why have they exaggerated numbers like this? It is obvious that the government wants to exaggerate the cost of production, increase tariffs and make a huge profit.”
Jayagoda said that last year, close to a million households have had their electricity disconnected. He said that there is a long-standing debate on whether electricity should be made a profit-making business or whether it is for public good.
“We can’t think of electricity supply from a business perspective alone. Now, electricity is a mainstay of daily life, and states provide electricity at a concessionary rate because it boosts productivity and quality of life. Imagine what a devastating impact the disconnection of electricity must have had on families,” the FSP Education Secretary asked.
In the last two years, 19,000 SMEs, too, have seen the power supply discontinued. The Minister of Power and Energy states that he has made the CEB profitable, but when one looks at the economy as a whole, the overall economy has suffered.
“The high electricity costs make our products less competitive, both domestically and internationally. I think we all agree that we need to boost our exports. How can we do that when electricity tariffs are this high?”
Jayagoda said that in the report to PUCSL, the CEB calculated finance cost for 2024 has gone up by 18 percent compared to 2023. This is not possible because the interest rates have gone down consistently in 2023 and 2024. RK
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Sajith warns country is being dragged into authoritarian rule
Opposition and SJB Leader Sajith Premadasa has alleged that the current government is attempting to suppress freedom of expression and media freedom to lead the country towards authoritarian rule.
In a video message on Thursday (25), Premadasa said that in a democratic country, the four main pillars safeguarding democracy are the legislature, the executive, the judiciary, and the independent media, but, at present, the government is using the police to violate both the democratic rights of the people and the rights of police officers themselves.
He said that the government is working to establish a police state that deprives citizens of their right to access truthful information.
“For democracy to be protected, media freedom must be safeguarded, and space must be given to independent media. Instead, the government is interfering with the independent media process, using the police to suppress and intimidate independent media,” he said.
He noted that even when independent media present their views based on reason, facts, and evidence, the government attempts to suppress them. Such actions, he said, amount to turning a democratic country into a police state. “Do not suppress the voice of the silent majority, the independent media,” he urged.
Premadasa emphasised that independent media represent the voice of the silent majority in the country and must not be suppressed.
“Media repression is a step towards authoritarian rule, and the people did not give their mandate to create an authoritarian regime or a police state. If the government attempts to abolish democratic rights, the Samagi Jana Balawegaya will stand as the opposition against it,” he said.
The Opposition Leader further alleged that the government was interfering with police independence, stating, “Political interference has undermined the independence of the police, making it impossible for them to serve impartially. Suppressing freedom of expression is an attempt to lead the country towards authoritarian rule.”
Premadasa pointed out that the media has the right to reveal the truth, and interfering with that right is a violation of the rights of 22 million citizens.
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Wholesale mafia blamed for unusually high vegetable prices
Vegetable prices at the Peliyagoda Manning Wholesale Market surged to unusually high levels yesterday (26), raising concerns among consumers as the festive season drives up demand. The situation is expected to persist over the next few days, a spokesman for the Manning Market told The Island.
He said a sharp increase in the number of buyers visiting the wholesale market, ahead of upcoming festivities, had resulted in a sudden spike in demand, prompting wholesale traders to raise prices significantly. The price hikes have affected a wide range of commonly consumed vegetables, placing additional pressure on household budgets.
According to market sources, the wholesale price of beans climbed to Rs. 1,100 per kilogram, while capsicum soared to Rs. 2,000 per kilogram. Green chillies were selling at around Rs. 1,600 per kilogram. Prices of other vegetables, including beetroot, brinjal (eggplant), tomatoes, bitter gourd, snake gourd and knolkhol, also recorded unusually high increases.
The spokesman alleged that despite the steep rise in prices, vegetable farmers have not benefited from the increases. Instead, he claimed that a group of traders, who effectively control operations at the wholesale market, are arbitrarily inflating prices to maximise profits.
He warned that if the relevant authorities fail to intervene promptly to curb these practices, vegetable prices could escalate further during the peak festive period. Such a trend, he said, would disproportionately benefit a small group of middlemen while leaving consumers to bear the brunt of higher food costs.
By Kamal Bogoda ✍️
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