Uma Oya Project generates Rs. 80 million daily savings for Ceylon Electricity Board
Posted by Editor on May 2, 2024 - 5:43 pm
Director of the Uma Oya Multipurpose Development Project, D.C.S. Alakanda, states that the Ceylon Electricity Board (CEB) is saving approximately Rs. 80 million per day since the opening of the Uma Oya Multipurpose Development Project.
Electricity generation through this project is more efficient compared to other sources of generation.
The Uma Oya Multipurpose Development Project has contributed to the CEB saving approximately Rs. 1.5 billion within a month of operations.
On April 24, 2024, Iran’s President Dr. Seyyed Ebrahim Raisi and Sri Lankan President Ranil Wickremesinghe jointly inaugurated the hydroelectric power plant at the Uma Oya Multipurpose Development Project.
Latest Headlines in Sri Lanka
- Sri Lanka moves to restore Central Highlands after Cyclone Ditwah landslides January 21, 2026
- Sri Lanka launches ICC T20 World Cup 2026 trophy tour in Colombo January 21, 2026
- Motorcycle mechanic arrested for Rs. 50,000 bribe attempt at Bemmulla Police Station January 21, 2026
- IMF Chief reaffirms strong support for Sri Lanka’s economic recovery January 21, 2026
- Over 61kg of ICE seized in Nittambuwa STF raid January 21, 2026
