CEB makes generation profit of Rs 310 million on Sunday

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Ceylon Electricity Board (CEB) made a generation profit of a minimum of Rs 309.8 million on Sunday (4 September) aided by the cheap and clean ‘CEB Hydroelectricity Generation’ (CEBHG), CEB data of yesterday’s showed. All costs are computed according to CEB’s last year’s average tariffs and generation costs according to the Central Bank of Sri Lanka’s (CBSL’s) 2021 Annual Report.

Meanwhile, CEB’s generation profits on Sunday could have been increased by 0.14 per cent (Rs 427,000) to Rs 310.2 million if the 900 mW  Norochcholai Coal-Fired Power Plant (NCFPP) was fully functional, statistics also  revealed.

By Paneetha Ameresekere