Public Utilities Commission misleading public on CEB profits – Minister
Sri Lanka’s Power and Energy Minister Kanchana Wijesekera
The Public Utilities Commission of Sri Lanka (PUCSL) was misleading people by making false statements regarding the profit made by the Ceylon Electricity Board (CEB), Power and Energy Minister Kanchana Wijesekera said in a Twitter message.
The Minister said normally the CEB makes operating profits in October and November each year due to the increase in hydro power generation following rains.
However it is not due to the recent adjustment of the electricity tariff.
“The reported profit of the CEB during the last few months is due to the increase of hydro power generation but not with the result of the recent electricity tariff revision implemented in last August,” the Minister’s Twitter message highlighted.
Latest Headlines in Sri Lanka
- IMF third review talks with Sri Lanka successfully conclude November 22, 2024
- Professor Gomika Udugamasooriya appointed Senior Advisor to President on Science and Technology November 22, 2024
- Lohan Ratwatte’s wife further remanded until December 2, 2024 November 22, 2024
- Excavation begins near Veyangoda to uncover reported treasure November 22, 2024
- Thai vets plan to trim tusks of Muthu Raja, elephant repatriated from Sri Lanka November 22, 2024
Then take them to the court or ask the judiciary to review and declare false. Then sack the man. Stop this chaos and jokes that confuse the public and increase the anger and hatred.
Better still, the CEB should publish weekly Statement of Assets and Liabilities and Profit and Loss on its website.
The statements should be vetted by the Auditor General prior to publication.