Power and Energy Minister Kanchana Wijesekera announced yesterday that the Ceylon Electricity Board (CEB) used its net profit of Rs. 93 billion, registered by June 2024, to settle various power project debts. In a post on ‘X,’ Minister Wijesekera detailed that the net profit was utilized to pay outstanding amounts owed to renewable energy developers,
A ministerial sub-committee’s report on the ‘Effective RAMIS System Utilization’ has recommended using the national identity card (NIC) to identify individuals for tax collection purposes. The report, which aims to enhance the Revenue Administration Management Information System (RAMIS), was presented to President Ranil Wickremesinghe by the committee chaired by Minister of Power and Energy Kanchana
Sri Lanka will gradually reduce the workforce of the state-run Ceylon Electricity Board (CEB) from the approved 26,000 cadres through a Voluntary Retirement Scheme (VRS) and by not filling positions left vacant by retirees unless necessary, according to Energy Minister Kanchana Wijesekera. Minister Wijesekera has previously stated that the CEB could be effectively managed with
Power and Energy Minister Kanchana Wijesekera announced a revised payment system for rooftop solar panels and other renewable energy projects, effective from July 1 this year. The payment method for projects initiated before this date remains unchanged. The new 20-year fixed tariff for rooftop solar panel projects is Rs. 27.06 per unit for installations up