Sri Lanka, Feb. 23 -- The Ceylon Electricity Board (CEB) has informed the Parliamentary Sectoral Oversight Committee that the estimated direct loss from substandard coal imported through eight ships amounts to Rs. 7,672 million.
The 900-megawatt Norochcholai Lakvijaya Power Plant operates on coal-fired generation. However, recent laboratory quality reports revealed that coal supplied through eight consignments failed to meet required standards, sparking controversy.
In a letter to the parliamentary committee, the CEB detailed the projected direct financial losses resulting from electricity generation using the substandard coal.
According to the breakdown, the estimated direct losses are:
In total, the projected direct loss exceeds Rs....
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