CEB quarterly loss Rs 24.4B – Ravi K
United National Party Parliamentarian Ravi Karunanayake, during his adjournment motion, stated that the Ceylon Electricity Board (CEB) had incurred a loss of Rs 8.4 billion in the month of February. He also stated that the CEB had incurred a loss of Rs 8.1 billion in January and a loss of 7.9 billion in March. He challenged the government to check if his statistics were wrong.
He also stated that the Sampur Power Plant agreement was signed without the CEB being aware of the scope of activities. He added that the former Minister of Power had mentioned that such an agreement was detrimental to the interests of Sri Lanka.
He said the CEB was not permitting solar, wind and mini hydro projects thus it was not helping to generate a cheaper energy source.
Karunanayake’s challenges could not be clarified and debated as Parliament adjourned abruptly due to there being no quorum.
(Ceylon Today)
Latest Headlines in Sri Lanka
- Sri Lanka revises fuel prices from February 1, 2026 January 31, 2026
- Sri Lanka declares essential services to ensure recovery after Cyclone Ditwah January 31, 2026
- Sri Lanka disburses Rs. 50,000 relief to 70% of Cyclone Ditwah victims January 31, 2026
- Sri Lanka to launch national review on social media’s impact on children January 30, 2026
- Sri Lanka, Saudi Arabia move to boost industrial cooperation January 30, 2026
So, can anybody guess what Ravi Karunanayake will be telling to the parliament if government/CEB begin charging the real cost of an electricity unit to the consumers?
It’s easy Indra, Ravi K is a big investor mini hydro power projects which support the CEB network. Irrespective of these mini hydro projects supply power or not, these investors are paid stand-by charges.
Mr Ravi K is at corruption max. he has the licenece to operate al private buses to the north. The private bus network in the Jaffna peninsula belongs to him.