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Home LOCAL

‘CEB incurred Rs.600M loss without naphtha stocks’

Chanuk Rajakaruna by Chanuk Rajakaruna
4 months ago
in LOCAL, TRENDING
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‘Continued crude oil supply need for Sapugaskanda to be in operation’
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Trade unionist Ananda Palitha claims the Ceylon Electricity Board incurred a loss of Rs.600 million through the Kelanithissa Power Station without stocks of naphtha.

Speaking during a media breifing Palitha said it will pave the way for an increase in electricity tariffs by more than two folds.

He claimed if the loss incurred by the CEB is Rs.600 million, the Ceylon Petroleum Corporation incurred a loss of over Rs.650 million, as the subject Minister stated fuel will be provided at a loss.

Ananda Palitha said Naphtha is Rs.35 less than a litre of diesel while the furnace oil is Rs.60 cheaper.

He claimed however the Minister of Energy and the Ministry officials had stopped the use of furnace oil and naphtha, claiming to develop the country.

Palitha further said prices of fuel increased by 85 percent only in Sri Lanka, adding however it is not because of an increase in global gas prices.

He claimed gas prices were increased, pushing the country towards destitute amidst corruption.

Ananda Palitha said the cost of living has also soared by 20 percent.

He added the subject Minister who is responsible for the increase is now making various claims.

Chanuk Rajakaruna
Tags: Ceylon Electricity BoardCeylon Petroleum Corporationfurnace oilKelanithissa Power StationMinister of EnergyNaphtha
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