Home Sri Lanka CEB suffers over Rs. 3 billion loss from solar power project
Sri Lanka

CEB suffers over Rs. 3 billion loss from solar power project

Share
Share

The Ceylon Electricity Board (CEB) has incurred a loss of Rs. 3,300 million due to the unlawful handover of a 100 megawatt solar power generation project in Siyambalanduwa to a high bidder, alleged a group called the ‘Lankan People’s Collective’.

Its chairman Peshala Serasinghe asked president Anura Kumara Dissanayake to cancel the tender and call for a fresh one.

Of the two bidders, Rividanavi got the tender, with the former leaders responsible for granting it to the high bidder, causing the loss, he said.

It appears a certain top CEB official encourages sources other than renewable energy, such as diesel and coal.

Serasinghe said further the CEB is still haunted by the old automatons that instigate commission-taking.

It will be a strength to the economy to turn to solar and other renewable energy sources that reduce the cost of production, he told the media yesterday (02).

The industry is able to generate 100,000 direct and 300,000 indirect employment opportunities, he said.

He noted the present regime intends to add 2,000 mw of renewable energy to the national grid by 2030.

Presently, around 80,000 rooftop solar panels are in operation in the country, with a capacity for extension with appropriate state policies, said Serasinghe.

(The Leader)

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Sri Lanka

Tariff structure is shaped by past policy directions, says Deputy Foreign Minister

The recent tariff announcement by US president Donald Trump has added new...

Sri Lanka

CID launches probe into Namal Rajapaksa’s attorney-at-law qualification

The Criminal Investigation Department (CID) has launched an investigation into allegations that...

Sri Lanka

Police seek public help to recover Kandana St. Sebastian’s laurel crown and gold jewelry

The Police are seeking the public’s assistance in identifying the individual responsible...

Sri Lanka

Private bus owners and NTC brace for showdown over bus fare hike

Tensions are rising between the Lanka Private Bus Owners’ Association (LPBOA) and...