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CEB says it has been producing most costly power in Asia

Sri Lanka needs to reduce the cost of producing electricity by about 25 percent in the next three years, , General Manager of CEB Narendra de Silva said on Thursday (15) during a consultation on the proposed electricity tariff, organized by the Public Utilities Commission of Sri Lanka (PUCSL) at the BMICH.
“Right now we spend about 40.76 rupees to produce a unit of electricity (a kilowatt hour). This is very high compared to the rest of Asia. This should be around 31 rupees per unit.”
He said that out of the 40.76 rupees, about 28 rupees is spent on materials used to produce electricity, i.e. mainly costly fuel. This should drop to at least 22 rupees.
Secretary of the Electricity Consumers’ Association, Sanjeewa Dhammika, said that the CEB has proposed a tariff reduction of 3.3 percent. The tariff should be reduced by 33 percent.
Silva said the finance cost of producing a unit of electricity is about four rupees, it should be reduced to 50 cents.
“If we can reduce these expenses, we will reach some kind of parity with other countries. We have taken about 300 billion rupees as loans. We have to do something about the high interest we pay. We must also drop the cost of production. We need to get this done in the next three years,” he said. (RK)
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Former IGP Deshabandu Tennakoon has appeared before the Matara Magistrate’s Court

It has been reported that the former Inspector General of Police (IGP) Deshabandu Tennakoon has appeared before the Matara Magistrate’s Court this morning (19),
The former IGP had been evading arrest after the Matara Magistrate’s court had ordered his arrest regarding a shooting incident that took place in front of the W15 Hotel Pelena, Weligama, Matara, in 2023.
News
Ex-Minister ordered to pay loan interest in arrears for 24 yrs

The government has begun recovering funds obtained by former Lands and Land Development, Environment and Wildlife Resources Minister SM Chandrasena for the Janatha Lanka Chilli Marketing Limited (JLCML), which he headed, Parliament was informed yesterday.
Agriculture, Livestock, Land, and Irrigation Minister Namal Karunaratne said that as the Chairman of JLCML, Chandrasena had obtained a loan of Rs. 1,275,000 from the Mihintale Govijana Seva Bank in 2001.
The principal of the loan had not been repaid until the end of last year. “After we came to power, we demanded that the loan be settled. Then, we discovered that the interest on the loan had not been paid for the past 24 years, and attempts had been made to have the loan written off. We stopped that and are now in the process of recovering the interest of Rs. 1,975,233 on the loan,” Karunaratne said.
Karunaratne added that JLCML was registered as a company with the Registrar of Companies on March 21, 2001. As Chairman of the company, Chandrasena requested a loan of Rs. 10 million on April 19, 2001, for the purpose of purchasing chillies from farmers in 12 farmer colonies in the Mihintale Agrarian Service area.
The request was approved by the Mihintale Agrarian Service Committee on the same day and referred to the Anuradhapura District Agrarian Operations Committee, which approved it on April 23, 2001. However, the Agriculture Development Commissioner General recommended that a loan of Rs. 1.2 million would suffice for this purpose. JLCML took the loan and failed to repay it until the end of last year. When the matter was raised, the principal was paid, and we are now in the process of recovering the interest that was not paid for the past 24 years,” Karunaratne added.
By Saman Indrajith
News
Govt. won’t be able to pay salaries health workers are demanding through strikes – Minister

Chief Government Whip and Health and Mass Media Minister, Dr. Nalinda Jayatissa, told Parliament yesterday that the government would never be able to pay the salaries that health workers receive in the UK and Australia because the country simply did not have the funds to do so.
“If anyone hopes to receive salaries similar to those paid in the UK and Australia here, we must remind them of the reality that there are no funds for that,” Dr. Jayatissa said, making a special statement on the token strike action by healthcare professionals.
Dr. Jayatissa emphasised that strikes in the healthcare sector, which endangered patients’ lives, were unacceptable.
He acknowledged the need for fair wage increases but stressed that holding patients’ lives hostage during such strikes was condemnable.
Dr. Jayatissa also stated that despite the government’s efforts to increase basic salaries of healthcare professionals, certain groups had chosen to strike, causing significant disruption to medical services.
Dr Jayatissa said that the Ministry of Finance had arranged for a meeting with the striking groups on 17 March to discuss their concerns. However, the groups announced their strike immediately after the meeting.
The minister said: “As a government, we have given a basic salary increase for the Professions Supplementary to Medicine, and the Interim Medical Services. We have added Rs. 22,000 to the basic salary of Rs. 32,000. For a person with a basic salary of Rs. 37,190 we have added Rs. 26,120. For a person with a basic salary of Rs. 44,520, we have added Rs. 32,010-. For a person with a basic salary of Rs. 54, 590, we have added Rs. 43,320/-.”
Dr Jayatissa said that it was the taxpayers who funded those salary hikes. “It is unfair for senior citizens and other patients to be turned away from hospitals due to the strike.”
“The President is ready to make time to meet and discuss the real issues of the strikers. Instead, they are holding patients to ransom. We have given them a meeting on Wednesday (19) as well. We are ready for talks,” he said.
By Saman Indrajith
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