Features
Presidents, Prime Ministers, Ministers and Bishops cause USD 17 billion losses in energy sector
Where have all the dollars gone?
BY Dr Tilak Siyambalapitiya
No one knows what happened to the dollars earned by the country. Why did the reserves drop to such low levels, and so soon? I can enumerate the extra costs, meaning precious money wasted in the energy sector (electricity and petroleum) tracing major projects since 1987; how much of extra costs were incurred when politicians played ball games with each project and the persons responsible can also be indicated.
Why do we have to trace losses caused to the energy sector by politicians and others from 1987 onward? This is because similar manipulations continue to happen, and losses keep mounting, as we speak. All spent in dollars.
Power plants in plans were repeatedly cancelled, delayed, and sites shifted round and round the country. The end result? Increased use of oil to produce electricity. The public think electricity is produced from renewable energy. Wrong!
Even in the year 2020, 27% of electricity produced came from the most expensive way to produce electricity: oil. Not even an oil exporting country uses oil to produce such a share of electricity from oil. All plans to reduce the use of oil have been sabotaged by former Presidents, Prime Ministers, NGOs and strangely and uniquely in Sri Lanka, by Bishops!
The Gas Terminal
Since 2014, Sri Lanka has been struggling to build a terminal to import natural gas, LNG. The President tried for five years, to get a Korean company to build it. The Prime Minister tried for four years to get an Indian company to build it. The battle turned into a “terminal” battle between the President and the Prime Minister. All this was when the Electricity Act 2009 says, in no uncertain terms: electricity should be procured on a competitive basis.
Now the government has changed. There are new decision-makers and there are new friends and affiliations. Contracts need to be given. This is the same story doing rounds over the last two weeks about a Cabinet Decision to “award” the gas terminal tender to a company that suddenly emerged from nowhere. All this was while a competitive bidding process was open.
An Honourable Minister would have informed such a company or an Ambassador approaching him for the gas terminal contract: “Look Madam, we have already launched a competitive bidding process. The bids are due to close in three months’ time. You have ample time. Please encourage as many companies from your country as you like, to send their bids. So, how many tender books do you want, Madam? I will get them dispatched promptly to the companies in your country, with a copy to your commercial attaché in Colombo”.
As we now know, what happened is completely the opposite.
So, what is the likely outcome? There will be a new “terminal” fight 2021-2025; Finance Minister’s terminal vs the CEB’s competitively bid terminal. The end result: no gas terminal will ever be built. Then write in the 2025 manifesto, repeating the same sentence as in the 2019 manifesto: “the gas terminal will be built without further delay”. Meanwhile produce electricity using diesel but tell the public that electricity comes from renewables.
This is the tragedy of Sri Lanka.
Bishops and Vatican
The Archbishop of Colombo says he does not want gas power plants. The Bishop of Chilaw does not want coal power plants. However, the Holy See and the Vatican gets 45% of electricity from gas, 10% from coal. Good for Pope; not for Sri Lanka. The end result: more oil used for power generation, the curse of Sri Lanka. Of course, for oil power plants, there will be no such divine intervention.
But you are told electricity is produced from renewable energy; yes at prices up to Rs 25 per unit. Rs 22 per unit from rooftops. Renewable energy is cheaper, less than half that price in other countries, but not in Sri Lanka. You can come to your own conclusions why it is so expensive.
Finally, to the oil refinery. The 50-year old refinery badly needs an upgrade or a replacement. Since the year 1995, “friends” of politicians offered to build refineries. If all of them were built, Sri Lanka will be floating in oil by now. Alas ! nothing happened. For over 25 years, friends of Presidents and Prime Ministers offered to build a refinery, crushing all attempts by the CPC to call for competitive bids: “do not worry, an investor will build the refinery you want”. The latest was so recent, in March 2019, when a “friend” from Oman even laid a foundation stone in Hambantota to build a refinery. Soon after, Reuters quoted an Omani official as saying Oman had no role in the project. Meanwhile the country loses USD 300 million per year.
Now, according to the Minister, a competitive bid would soon be launched to build a refinery. Do not be surprised if an ambassador meets the President and offers to build a refinery. The end result: no refinery, and the 2025 manifesto to say “a new refinery will be built very soon”.
The table shows how Sri Lanka was made to waste USD 17 billion for 35 years since 1987, owing to major projects in the energy sector being manipulated by persons listed. There have been numerous other losses or pilferage caused at energy facilities, which are not listed here.
So how was this USD 17 billion ‘extra” financed? Of course, by borrowing money from the international market. The “sovereign bonds” Sri Lanka is paying with utmost difficulty, causing untold hardship to its citizens and their businesses, was money borrowed partly to pay for oil to produce electricity.
If not for the Presidents, Prime Ministers, NGOs, and uniquely for Sri Lanka, the Bishops, Sri Lanka would have USD 17 billion extra in the treasury. We would have smoothly sailed over these difficult times.
The sad part of the story is that the same cycle of manipulation continues, as you read this article.
So, the winners are those who delayed and continue to delay the oil refinery, closely followed by those who delayed and continue to delay the Norochcholai power plant.
Loan asked from Bangladesh was: USD 200 million. Loss caused by above politicians, officials, NGOs and Bishops, is USD 16,935 million, and keeps increasing as we speak.
Features
Maduro abduction marks dangerous aggravation of ‘world disorder’
The abduction of Venezuelan President Nicolas Maduro by US special forces on January 3rd and his coercive conveying to the US to stand trial over a number of allegations leveled against him by the Trump administration marks a dangerous degeneration of prevailing ‘world disorder’. While some cardinal principles in International Law have been blatantly violated by the US in the course of the operation the fallout for the world from the exceptionally sensational VVIP abduction could be grave.
Although controversial US military interventions the world over are not ‘news’ any longer, the abduction and hustling away of a head of government, seen as an enemy of the US, to stand trial on the latter soil amounts to a heavy-handed and arrogant rejection of the foundational principles of international law and order. It would seem, for instance, that the concept of national sovereignty is no longer applicable to the way in which the world’s foremost powers relate to the rest of the international community. Might is indeed right for the likes of the US and the Trump administration in particular is adamant in driving this point home to the world.
Chief spokesmen for the Trump administration have been at pains to point out that the abduction is not at variance with national security related provisions of the US Constitution. These provisions apparently bestow on the US President wide powers to protect US security and stability through courses of action that are seen as essential to further these ends but the fact is that International Law has been brazenly violated in the process in the Venezuelan case.
To be sure, this is not the first occasion on which a head of government has been abducted by US special forces in post-World War Two times and made to stand trial in the US, since such a development occurred in Panama in 1989, but the consequences for the world could be doubly grave as a result of such actions, considering the mounting ‘disorder’ confronting the world community.
Those sections opposed to the Maduro abduction in the US would do well to from now on seek ways of reconciling national security-related provisions in the US Constitution with the country’s wider international commitment to uphold international peace and law and order. No ambiguities could be permitted on this score.
While the arbitrary military action undertaken by the US to further its narrow interests at whatever cost calls for criticism, it would be only fair to point out that the US is not the only big power which has thus dangerously eroded the authority of International Law in recent times. Russia, for example, did just that when it violated the sovereignty of Ukraine by invading it two or more years ago on some nebulous, unconvincing grounds. Consequently, the Ukraine crisis too poses a grave threat to international peace.
It is relevant to mention in this connection that authoritarian rulers who hope to rule their countries in perpetuity as it were, usually end up, sooner rather than later, being a blight on their people. This is on account of the fact that they prove a major obstacle to the implementation of the democratic process which alone holds out the promise of the prgressive empowerment of the people, whereas authoritarian rulers prefer to rule with an iron fist with a fixation about self-empowerment.
Nevertheless, regime-change, wherever it may occur, is a matter for the public concerned. In a functional democracy, it is the people, and the people only, who ‘make or break’ governments. From this viewpoint, Russia and Venezuela are most lacking. But externally induced, militarily mediated change is a gross abnormality in the world or democracy, which deserves decrying.
By way of damage control, the US could take the initiative to ensure that the democratic process, read as the full empowerment of ordinary people, takes hold in Venezuela. In this manner the US could help in stemming some of the destructive fallout from its abduction operation. Any attempts by the US to take possession of the national wealth of Venezuela at this juncture are bound to earn for it the condemnation of democratic opinion the world over.
Likewise, the US needs to exert all its influence to ensure that the rights of ordinary Ukrainians are protected. It will need to ensure this while exploring ways of stopping further incursions into Ukrainian territory by Russia’s invading forces. It will need to do this in collaboration with the EU which is putting its best foot forward to end the Ukraine blood-letting.
Meanwhile, the repercussions that the Maduro abduction could have on the global South would need to be watched with some concern by the international community. Here too the EU could prove a positive influence since it is doubtful whether the UN would be enabled by the big powers to carry out the responsibilities that devolve on it with the required effectiveness.
What needs to be specifically watched is the ‘copycat effect’ that could manifest among those less democratically inclined Southern rulers who would be inspired by the Trump administration to take the law into their hands, so to speak, and act with callous disregard for the sovereign rights of their smaller and more vulnerable neighbours.
Democratic opinion the world over would need to think of systems of checks and balances that could contain such power abuse by Southern autocratic rulers in particular. The UN and democracy-supportive organizations, such as the EU, could prove suitable partners in these efforts.
All in all it is international lawlessness that needs managing effectively from now on. If President Trump carries out his threat to over-run other countries as well in the manner in which he ran rough-shod over Venezuela, there is unlikely to remain even a semblance of international order, considering that anarchy would be receiving a strong fillip from the US, ‘The World’s Mightiest Democracy’.
What is also of note is that identity politics in particularly the South would be unprecedentedly energized. The narrative that ‘the Great Satan’ is running amok would win considerable validity among the theocracies of the Middle East and set the stage for a resurgence of religious fanaticism and invigorated armed resistance to the US. The Trump administration needs to stop in its tracks and weigh the pros and cons of its current foreign policy initiatives.
Features
Pure Christmas magic and joy at British School
The British School in Colombo (BSC) hosted its Annual Christmas Carnival 2025, ‘Gingerbread Wonderland’, which was a huge success, with the students themseles in the spotlight, managing stalls and volunteering.
The event, organised by the Parent-Teacher Association (PTA), featured a variety of activities, including: Games and rides for all ages, Food stalls offering delicious treats, Drinks and refreshments, Trade booths showcasing local products, and Live music and entertainment.

The carnival was held at the school premises, providing a fun and festive atmosphere for students, parents, and the community to enjoy.
The halls of the BSC were filled with pure Christmas magic and joy with the students and the staff putting on a tremendous display.
Among the highlights was the dazzling fashion show with the students doing the needful, and they were very impressive.

The students themselves were eagerly looking forward to displaying their modelling technique and, I’m told, they enjoyed the moment they had to step on the ramp.
The event supported communities affected by the recent floods, with surplus proceeds going to flood-relief efforts.
Features
Glowing younger looking skin
Hi! This week I’m giving you some beauty tips so that you could look forward to enjoying 2026 with a glowing younger looking skin.
Face wash for natural beauty
* Avocado:
Take the pulp, make a paste of it and apply on your face. Leave it on for five minutes and then wash it with normal water.
* Cucumber:
Just rub some cucumber slices on your face for 02-03 minutes to cleanse the oil naturally. Wash off with plain water.
* Buttermilk:
Apply all over your face and leave it to dry, then wash it with normal water (works for mixed to oily skin).
Face scrub for natural beauty
Take 01-02 strawberries, 02 pieces of kiwis or 02 cubes of watermelons. Mash any single fruit and apply on your face. Then massage or scrub it slowly for at least 3-5 minutes in circular motions. Then wash it thoroughly with normal or cold water. You can make use of different fruits during different seasons, and see what suits you best! Follow with a natural face mask.
Face Masks
* Papaya and Honey:
Take two pieces of papaya (peeled) and mash them to make a paste. Apply evenly on your face and leave it for 30 minutes and then wash it with cold water.
Papaya is just not a fruit but one of the best natural remedies for good health and glowing younger looking skin. It also helps in reducing pimples and scars. You can also add honey (optional) to the mixture which helps massage and makes your skin glow.
* Banana:
Put a few slices of banana, 01 teaspoon of honey (optional), in a bowl, and mash them nicely. Apply on your face, and massage it gently all over the face for at least 05 minutes. Then wash it off with normal water. For an instant glow on your face, this facemask is a great idea to try!
* Carrot:
Make a paste using 01 carrot (steamed) by mixing it with milk or honey and apply on your face and neck evenly. Let it dry for 15-20 minutes and then wash it with cold water. Carrots work really well for your skin as they have many vitamins and minerals, which give instant shine and younger-looking skin.
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