No discussion on privatising CPC, CEB – Kanchana

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Despite Premier Ranil Wickremesinghe’s proposal to privatise loss-making State-owned Enterprises, Co-Cabinet Spokesperson Kanchana Wijesekara said no discussion has been held with regard to privatising the Ceylon Petroleum Corporation (CPC) and the Ceylon Electricity Board (CEB).

In the face of the fact that the two institutions are incurring heavy losses, Wijesekara said the Government is trying to convert the institutions to provide services to people while curtailing unnecessary expenses.

He made these remarks during the weekly Cabinet media briefing.

Speaking further, the Minister said the Government had received numerous proposals to make changes in the power and energy sectors.

When asked if there were plans to connect the power transmission line between India and Sri Lanka at the moment, he said that proposals for the project have been received, but it is still under discussion.

“There was one proposal to connect the power transmission lines under the sea, but the cost was enormous. We are now discussing about connecting transmission lines overhead while shortening their length,” he said.

By Thameenah Razeek