Jul 10, 2019

CEB-CPC agreement on fuel supply: Amount owed to be paid in stages

The Ministry of Power and Energy stated that there will be no more obstructions to the thermal power generation as the Ceylon Petroleum Corporation (CPC) has agreed to supply fuel needed to the Ceylon Electricity Board (CEB).

Power and Energy Ministry spokesman Sulakshana Jayawardena said, accordingly, fuel needed for the thermal power plant is currently being supplied.

The Ceylon Petroleum Corporation has temporarily suspended fuel supply due to non-payment of arrears owed by the Ceylon Electricity Board.

The CPC is supplying fuel to the Ceylon Electricity Board under a credit limit of Rs. 80 billion and the fuel supply was suspended since the CEB has exceeded the limit.