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Coal imports:Rs 8 billion siphoned off ?


The Ceylon Electricity Board (CEB), in its Statistical Digest for 2019, reports that a sum of Rs. 46.68 billion was spent on importing coal for operating its coal power plant at Norochcholai during 2019. The quantity imported is not given.
The Central Bank, in its Annual Report for 2019, reports that the CIF value of coal imported in 2019 was Rs. 38.72 billion (Table 33 in Statistical Appendix). It is noted that a small fraction of this is consumed by the Cement Plant at Puttalam.
Such a difference may be attributed to any taxes paid to the Government, legitimate commission paid to the agent, mark-up by Lanka Coal Company who imports coal on behalf of the CEB, and the cost of unloading of coal onto barges and transporting to the site. ....

Sri Lanka , Nalinda Illangakoon , Public Utilities Commission Of Sri Lanka , Army Veteran Officer , Army Officer Nalinda Illangakoon , Dallas Alahapperuma , Public Utilities Commission , Least Cost Generation , Vice Chairman , Cabinet Paper , ஸ்ரீ லங்கா , பொது பயன்பாடுகள் தரகு ஆஃப் ஸ்ரீ லங்கா , இராணுவம் மூத்த அதிகாரி , பொது பயன்பாடுகள் தரகு , குறைந்தது செலவு ஜெநரேஶந் , துணை தலைவர் , மந்திரி சபை காகிதம் ,