City
Epaper

SL's dollar crisis leads to power crisis

By IANS | Updated: January 18, 2022 12:15 IST

Colombo, Jan 18 Amidst the worst-ever power crisis connected to Sri Lanka's ailing economy and Energy Ministry threatening ...

Open in App

Colombo, Jan 18 Amidst the worst-ever power crisis connected to Sri Lanka's ailing economy and Energy Ministry threatening to stop fuel supply for electricity generation from Tuesday, a Minister said fuel would be obtained from the Indian Oil Company (IOC) to generate electricity.

Power Minster Gamini Lokuge told the media that the Ceylon Electricity Board (CEB) management has been advised to start a discussion with the IOC to purchase furnace oil to generate power.

"I have advised the CEB officials to have a discussion on Tuesday with regard to supplying fuel for power generation," the Minister said.

However Opposition parties complained that getting fuel from IOC is an underhand deal to get commission.

Former MP of the Marxist party Janatha Vimukthi Peramuna, Wasantha Samarasinghe said that the CEB could pay to the Ceylon Petroleum Corporation (CPC) and purchase fuel from it.

The dollar-strapped Sri Lanka is finding hard to release foreign currency to buy fuel for the transportation and electricity generation.

The country needs around $400 million to supply oil per month in addition to nearly $30 to buy fuel for power generation.

Energy Minister Uday Gammanpila argued that if the remaining fuel be given to generate electricity there would be a serious issue with regard to transportation.

Gammanpila also told media that he finds it difficult to import fuel as there are no dollars and suggested that the available fuel needs to be retained for more essential transportation by curtailing electricity.

"Transpiration needs to be given the priority over the electricity sector as without transportation the country will come to a standstill. By curtailing electricity we can still run the country.

"We are forced to decide not to provide fuel for the CEB to generate electricity. We don't have excess stocks of fuel nor dollars to import fuel. If the CEB provides dollars we could provide fuel for power generation," he added.

According to the Minister, 3,000 metric tonnes of diesel provided for power generation would be over on Tuesday and power generation will come to a standstill leading to daily power cuts.

For daily power generation, Sri Lanka needs 1,500 metric tonnes each of diesel and Naphtha.

Gammanpila further said that two ships with 76,000 metric tonnes of diesel are docked at the Colombo harbour and if dollars are provided fuel could be obtained from them.

Meanwhile the CEB's Engineers Union warned that the thermal power generation stations will be stopped by 5 p.m. on Tuesday.

Dhammika Wimalaratne, Secretary of the Union, said that subsequently the national grid will lose around 300 megawatts of power.

Meanwhile, the country's power crisis has worsened with the malfunctioning of one of the three power generating units at the China-built coal power plant in Norrochcholai.

Sawmya Kumarawadu, President CEB Trade Union Engineers, said that only Chinese engineers can repair it as Beijing has blocked access to certain areas of the system.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: colombobeijingEnergy MinistryIndian oil companyGamini lokugeWasantha samarasinghe
Open in App

Related Stories

Social ViralViral Video: Woman Collides with Tree, Falls from Moving Train While Filming Reel | WATCH

InternationalAdani Group Responds to U.S. Bribery Allegations, Pulls Out of DFC Funding for Sri Lanka Project

CricketRohit Sharma, Virat Kohli, Shreyas Iyer Arrive in Colombo Ahead of IND vs SL ODI Series (Watch Video)

InternationalBeijing on Orange Alert As Heavy Rain and Strong Winds Batter City

Social ViralChina: Glass Maintenance Workers Trapped Hanging From Building in Beijing After Sudden Strong Winds; Video Surfaces

International Realted Stories

InternationalChina raises national flag on disputed reef near Philippine base, escalating tensions in South China Sea

InternationalLapu Lapu Festival Tragedy: 9 Killed, Several Injured After Man Drives Into Crowd at Filipino Festival in Vancouver

InternationalLynched for belief: The systemic persecution of Ahmadi Muslims in Pakistan (IANS Analysis)

InternationalNine killed after man drives SUV into Canada street festival

InternationalBYC leaders enter third day of hunger strike amid media silence; Bebarg Baloch's health critically worsens