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National grid to lose another 650 megawatts?

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The national power grid could lose another 650 megawatts since the Ceylon Electricity Board (CEB) has failed to settle payments amounting to Rs.35 billion to private sector power generating companies, the Sri Lanka Mirror learnt.

The CEB has not paid payments for the units of electricity provided to the national grid by the companies that generate electricity through small-scale power plants, wind, solar power and waste recycling.

The last payment has been made in December 2021.

According to the agreement signed with the companies to purchase electricity, the payment must be settled at the end of each month and if payments are not settled, an interest must be paid.

In the agreement, the CEB has agreed to pay the interest based on existing interest rates.

Meanwhile, it was reported that the last payment for the solar power systems fixed on roof have been made only up to September last year.

It was reported to the Sri Lanka Mirror that some projects launched with funds obtained from bank loans are currently unable to settle their loans.

It was said that some companies bear the day-to-day expenses of maintaining these projects by taking loans at 32% interest rate.

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Govt. to provide free fertilizer to all paddy farmers

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Minister of Agriculture and Plantation Industries – Mahinda Amaraweera has said that the government has decided to provide MOP fertilizer free of charge to all the paddy farmers in Sri Lanka during the 2024/25 Maha season and 2025/26 Maha season.

Sri Lanka will thus receive 55,000 metric tons of MOP fertilizer as requested by the government from the UN Food and Agriculture Organization.

The Minister of Agriculture and Plantation Industries, Mr. Mahinda Amaraweera, expressed his views on this in a meeting held in Tissamaharama today (June 24).

(dailynews.lk)

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8 arrested over gang rape of teen, remanded

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Eight youths who were arrested in connection with the alleged gang rape of a 16-year-old girl in the Jalthara area of Hanwella, have been remanded until June 28.

The suspects were produced before the Homagama Acting Magistrate Padmasiri Jayawardena today (June 24).

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GCE O/L results out within 10 days

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Examination Commissioner General Amith Jayasundara said yesterday (23) the results of the GCE Ordinary Level Exam 2023 (2024) will be released within the next 10 days.

He stated that efforts will be made to release the exam results within this week and if it is not possible, the results will be definitely released within ten days.

(dailynews.lk)

(This story, originally published by dailynews.lk has not been edited by SLM staff)

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