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

Claims on Renewable Energy Projects by MP Mujibur Rahman Contradicted by Official Procurement Process

Samagi Jana Balawegaya Parliamentarian Mujibur Rahman delivered an emotional...

The United States has decided to donate 10 helicopters to Sri Lanka for use in disaster response operations.

By: Rashika HennayakeJanuary 07, Colombo (LNW): The United States has decided...

Sri Lanka Tourism Chief Bets on Data as Tourist industry Faces Reality Check

At a time when Sri Lanka’s tourism industry is...

EU Grant Fuels Sri Lanka’s Green Shift in Agriculture

Sri Lanka has taken a significant step toward environmentally...