CEB suspends contractors’ payments – repairs likely to be stalled

Date:

The Ceylon Electricity Board (CEB) has decided to suspend payments entitled to contractors engaged in project activities of the board due to the severe financial crisis befallen the state-run body.

The CEB being unable to make the payments may be facing another crisis given that this may halt the repairs and implementation of new projects undertaken by these companies.

A request made earlier to increase the electricity bill as a solution to the crisis was denied.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

Why Sri Lanka Cannot Afford Moral Purity: Survival, Pragmatism, and the Hard Choices of a Small Nation

Why Sri Lanka Cannot Afford Moral Purity: Survival, Pragmatism, and the Hard Choices of a Small Nation

Ex-Minister Johnston Fernando Taken Into Custody Over Sathosa Lorry Probe

Ex-Minister Johnston Fernando Taken Into Custody Over Sathosa Lorry Probe

Mahaweli Authority Launches Islandwide Reservoir Safety Review Post-Ditwah

Mahaweli Authority Launches Islandwide Reservoir Safety Review Post-Ditwah

Renowned Journalist-Turned Lyricist Chandrasena Thalangama Passes Away

Renowned Journalist-Turned Lyricist Chandrasena Thalangama Passes Away