News
CPC supplies fuel to CEB to mitigate power crisis
The Ceylon Petroleum Corporation (CPC) will deliver 1,500 metric tons of diesel a day to the Ceylon Electricity Board (CEB) until 18 January.
CPC chairman Sumith Wijesinghe said they will meet CEB officials on the 18th to decide on a future course of action.
Wijesinghe said the CPC had earlier decided to discontinue the supply of fuel to the CEB over unpaid bills. However, a decision had been taken to continue the fuel supply, given the critical situation in the country. Following several days of repeated power outages due to shortage of fuel, the CEB engineers on Thursday said that they had been compelled to cut power two hours a day until May.
Additional General Manager Andrew Nawamuni, the spokesperson for the Ceylon Electricity Board told media that two ships carrying diesel required for the Power Plant had arrived at the Colombo Port. However, the CEB had to pay the Ceylon Petroleum Corporation to use the oil. “The Central Bank should take the necessary action,” he said.
News
Cabinet approves debt restructuring between Hungarian Export Credit Insurance Private Limited and the Government of Sri Lanka
The Cabinet of Ministers has approved the proposal presented by the President in his capacity as Minister of Finance, Planning, and Economic
Development, to enter into an agreement on debt restructuring with the Hungarian Export Credit Insurance Private Limited.
HThe Cabinet of Ministers has approved the proposal presented by the Minister of Industry and Entrepreneurship Development to conduct the
national productivity award competition under the main sectors: school, public, production, and services from the year 2025/26 as a strategic methodology to achieve the objectives of the national project “Clean Sri Lanka” of the present government.
The Cabinet of Ministers granted approval to the resolution furnished by the Minister of Transport, Highways, Ports and Civil Aviation to submit the draft bill of the National Transport Commission Act No. 37 of 1991 to the Parliament after publishing it in the government gazette.
Cabinet approves debt restructuring between Hungarian Export Credit Insurance Private Limited and the Government of Sri Lanka
Cabinet approval to conduct the National Productivity Award Competition
Amendments to National Transport Commission Act No. 37 of 1991 to be gazetted
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