Sri Lanka, Jan. 28 -- Cabinet Spokesman and Mass Media Minister Dr. Nalinda Jayatissa said the government has not incurred any losses from the importation of coal, stressing that all such consignments are handled under an established penalty system that has been in place for years.

Addressing the weekly Cabinet media briefing, the Minister explained that instances of substandard coal have been reported even in previous years and that a standard method exists to deal with them through fines. The minister stated this while addressing the weekly cabinet press briefing yesterday (27). "Normally, if the calorific value of coal falls below 5,900 kilocalories, a fine amounting to twice the value of the shipment is imposed.

If the value is betw...