The Parliamentary Committee on Public Enterprises (COPE) says a loss of Rs. 594 billion has been incurred by the Ceylon Electricity Board (CEB) from 2013 to 2024. COPE Chairman MP Nishantha Samaraweera said that a majority of the CEB’s assets and funds have been distributed to private entities. The information was disclosed during a recent meeting between the COPE Committee and CEB authorities. “The department does not make the necessary estimations and does not stick to the generation plan. The revenue has also been distributed through various means. The CEB is a burden for the nation now. Do you not…
COPE reveals Rs. 594 Bn losses at CEB from 2013 to 2024
Published in News
More from NewsMore posts in News »
- Restoration of Northern, Talaimannar railway lines begins
- Education reforms should suit the country, not the JVP: Namal
- Bride and groom among 8 killed in gas cylinder blast at Pakistan wedding
- Four arrested over alleged Grand Pass shooting plot
- Sri Lanka’s China-backed Hambantota Port eyes 2mn box capacity after 700-pct growth