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

RDA Reports Widespread Damage to Road Network Following Torrential Rains

RDA Reports Widespread Damage to Road Network Following Torrential Rains

Sharp Downturn Hits CSE as Key Indices Slide

Sharp Downturn Hits CSE as Key Indices Slide

Authorities Warn of Disease Threat as Flood-Stricken Communities Receive Expanded Emergency Support

Authorities Warn of Disease Threat as Flood-Stricken Communities Receive Expanded Emergency Support

Air Force Calls for Strict Limits on Drones amid Ongoing Disaster Response

Air Force Calls for Strict Limits on Drones amid Ongoing Disaster Response