Peace for the World

Peace for the World
First democratic leader of Justice the Godfather of the Sri Lankan Tamil Struggle: Honourable Samuel James Veluppillai Chelvanayakam

Sunday, October 20, 2013

  • Colossal losses of foreign exchange when importing fossil fuels
  • A metric ton of coal is forecasted to cost between US$ 170 and 250 in 2025
  • Are there secret deals between CEB and thermal IPPs to purchase costly power from them?
By Camelia Nathaniel-Sunday, October 20, 2013
By 2020, about 20 per cent of electricity supply is expected to be generated by renewable energy. For this purpose, sufficient investment will be made on development of renewable energy sector with wind, dendro, solar and mini hydro power plants.
The CEB is incurring a loss of around Rs. 72 million daily due to the closure of the Norochcholai Coal power station, which was originally scheduled to be closed for routine maintenance for just 21 days, but was later extended to 40 days on the advice of the Chinese engineers. The 300 MW first phase of the Norochcholai Power plant which commenced The Sunday Leaderoperations in 2011 was shut down on the 25th of August.