"With rains coming down and with proper management, we can get by without raising electricity rates. I can confidently say there would be no upward revision for at least one year."

Senior CEB sources told The Island yesterday that they had no alternative but to increase tariff for those who used less than 90 units per month, if the Board was to minimise losses. "Nearly 90 per cent of the domestic use is below 90 units, thus adjustment is vital," an official said.

A feasibility study for the interconnection of electricity grids between India and Sri Lanka is expected to be complete by December this year, more than a year after the two countries agreed on the proposal.

The nearly Rs 4,000-crore India-Sri Lanka grid interconnection project would see exchange of up to 1,000 MW power.

Electricity Constraints: Can CEB Profits Lighten the Burden on the Industrial Sector?

The Ceylon Electricity Board (CEB) has incurred a daily loss of Rs.167 million since August, this year due to the dependence on thermal power for electricity generation, Minister Champika Ranawaka said in Parliament today

The Ceylon Electricity Board (CEB) was breathing a sigh of relief this week with the hydro-catchment areas receiving rainfall and the Meteorology Department predicting more showers would continue.

In every South Asian country, except Bhutan and the Maldives, medium-size urban companies consider electricity one of the top two constraints, according to a World Bank report on jobs in South Asia, which will be released regionally in January.

Earlier last month, NTPC had announced the formation of a joint venture with Ceylon Electricity Board (CEB) to establish the 500-MW plant (2x250 MW) near Trincomalee in eastern Sri Lanka. The joint venture company is to be incorporated in Sri Lanka, with 50:50 equity contribution by NTPC and CEB.

Average prices paid in Sri Lanka to renewable energy firms in wind, mini-hydro and biomass are among the highest in the world, an analysis by an industry expert has shown.

A lack of electricity was ranked highest and the report outlines the electricity reform agenda to tackle the issue. The reform agenda is not only about investment. Improvements in the regulatory framework and governance of the sector are equally critical.

Sri Lanka's power tariffs are no longer the highest in the region for manufacturing, though it was most expensive for larger households, even topping Singapore, an analyst has said.

Minister of Power and Energy Patali Champika Ranawaka, listing out several factors for the high cost of generating electricity, said the failure of rains over catchment areas and the Rs 16 billion paid for the purchase of power from the private sector were the main reasons among them

The Public Utilities Commission of Sri Lanka (PUCSL) says that a slight increase in electricity tariffs was likely in order to address the losses incurred by the country’s power sector due to the increase in thermal power generation.

Oct 27, Colombo: Trade union sources of Ceylon Electricity Board (CEB) say that the newly built Lakvijaya coal power plant at Norochcholai remains out of operation due to technical problems.

Ceylon Electricity Board (CEB) System Control General Manager T.D. Handagama said the water levels in major reservoirs had come down to 35 per cent and the hydro power generation had been reduced to 20 per cent. Mr. Handagama said the amount of water in the Castlereagh stood at 30 per cent, Maussakele 47 per cent, Kotmale 42 per cent, Victoria 37 p

Ranawaka has told parliament that the PUC held the powers to increase the electricity tariffs and the CEB has therefore requested the Commission to help the Board minimize its losses due to high thermal power generation.

Oct 24, 2011 (LBO) - Sri Lanka's power utility has lost 167 million rupees a day in August amid dry weather and power sector faces bankruptcy unless tariffs are adjusted, power minister Champika Ranawaka has said.

The Ceylon Electricity Board (CEB) which had been running into a staggering loss of Rs. 115 billion between 2000 and  2009, has earned a profit of Rs. 5 billion in 2010, Power and Energy Minister Patali Champika Ranawaka said yesterday.

The CEB is forced to operate its most expensive gas turbines to meet the demand, including the small turbines which cost over Rs. 50 to generate a unit. The Fiat Gas Turbine, which was scheduled to undergo maintenance in 2010, too, is operating at full capacity, costing around Rs. 35 to generate a unit.

The real truth behind the power crisis

By Patali Champika Ranawaka

Minister of Power & Energy

Sri Lanka’s first coal power plant built with the assistance of the Chinese government will recommence its operations from next Monday the 11 July 2011, sources from Ministry of Power and Energy outlines.

Accordingly the Lakvijaya will recommence its operations as a fully fledged coal power house after repairs being completed

WHITHER PROFITS AT CEB?

July 06, Colombo: Sri Lanka Ministry of Power and Energy announced the appointment of an energy supply committee with wide powers to supply electricity to the public without interruption.

CEB has made profit of 5 billion for 2010 financial year after incurring losses running into 115 billion in the previous 10 yea