News
Minister says electricity tariff hikes inevitable in face of mounting losses
Power and Energy Minister Kanchana Wijesekara told Parliament yesterday electricity tariffs would have to be increased again as the Ceylon Electricity Board (CEB) was incurring a loss of Rs. 423 billion even after the recent tariff revision.
The generation cost at present was Rs. 889 billion and the recent tariff hikes had helpe rake in only Rs. 400 billion, the Minister said.He said the CEB was spending Rs. 56.90 per unit as generation cost whereas only Rs. 29 was levied from the consumers.
The Minister accused PUCSL of not presenting a generation plan and said it was the duty of the commission to prepare a generation plan and to see that it is implemented.
He said if the PUCSL had increased electricity tariffs to cover the generation cost from 2013, people would not have undergone huge tariff hikes at once.He said the Ministry presented a Cabinet Paper last week to allow PUCSL to revise electricity tariffs in January and July every year.
Latest News
Cabinet approves recruitment of 2,284 to government service
The Cabinet of Ministers granted approval to the proposal submitted by the Prime Minister to recruit 2,284 to the government service as per the recommendations of the ‘Committee appointed to review the recruitment process of the Government Service at its meeting held on 14.11.2025.
1. Ministry of Education, Higher Education and Vocational Education 196
2. Ministry of Health and Mass Media 480
3. Ministry of Public Administration, Provincial Councils and
Local Governments 04
4. Ministry of Finance, Policy Planning and Economic
Development 19
5. Ministry of Transport, Highways and Urban Development 778
6. Ministry of Justice and National Integration 222
7. Ministry of Trade, Commerce, Food Security and Cooperative Development 107
8. Ministry of Defense 73
9. Ministry of Fisheries, Aquatic and Ocean Resources 20
10. Ministry of Public Security and Parliamentary Affairs 21
11. Ministry of Industries and Entrepreneurship Development 36
12. Ministry of Buddha Shasana, Religious and Cultural Affairs
04
13. Ministry of Plantation and Community Infrastructure
Facilities 02
14. Ministry of Agriculture, Livestock, Lands and Irrigation 74
15. Western Provincial Council 230
16. Uva Provincial Council 08
17. North Western Provincial Council 08
18. Finance Commission 02
Latest News
Cabinet green light to obtain a grant from the Asia Pacific Disaster Response Fund for post – disaster relief and rehabilitation activities
On a request made by the government of Sri Lanka, the Asian Development Bank has given its concurrence to provide a grant of United States dollars 3 million under Asia Pacific Disaster Response Fund.
It is expected to supply materials required for providing essential life security services for the communities affected, from the said grant.
Therefore, the Cabinet of Ministers granted approval to the proposal submitted by the President as the Minister of Finance, Plan Implementation and Economic Development to enter into the relevant agreements with the Asian Development Bank to obtain the said grant.
Business
Cabinet approves establishment of two 50 MW wind power stations in Mullikulum, Mannar region
Adhering to the broad plan of the Government to reach the objective of accomplishing 70% of the country’s electricity supply from renewable energy sources by the year 2030, the approval of the Cabinet of Ministers was granted on 10.02.2025 to invite requests for resolutions from interested developers of the private sector in order to implement the Mullikulum Wind Power – 100 Mega Watts (two (02) wind power stations of
50 Mega Watts each) on the basis of construction, ownership and execution with a monitoring period of 20 years.
Accordingly, requests for proposals have been called to implement the relevant project by adhering to the international competitive bidding methodology, and seven (7) prospective project proposals were submitted.
Evaluating the said proposals, based on the recommendations submitted by the negotiation committee appointed by the Cabinet of Ministers, the Cabinet of Ministers granted approval to the resolution furnished by the Minister of Power to award the contracts of establishing the two (02) 50 Mega Watts Wind
Power Stations to Consortium of Vidullanka PLC & David Pieris Motor Company (Lanka) Limited and WindForce PLC.
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