Further Plunging the National Economy by Bi-Annual Electricity tariff increases

Proposed Electricity tariffs will further/disastrously damage the current economic status than it will be by the assumed 8 hour power cut next year.

When opposition pours and mounts criticism to the Bi Annual tariff increase proposals by the Minister for Power and Energy Kanchana twitted

"Participated in the discussion held this morning on Structural Reforms for Economic Recovery & Sustainable Growth under the leadership of President @RW_UNP with IMF, WB, ADB, JAICA, AIIB, Min of Finance & CBSL. Energy Sector reforms & cost reflective pricing was also discussed"

By this Tweet Kanchana is trying to justify his wrongful proposal of bi-annual tariffs increase as of cost effective.

If so what happened to the findings of the previous Parliamentary COPE committee, on the Director Board of the Ceylon Electricity Board?

When the said COPE found Board of Directors, Ceylon Electricity Board of numerous fraudulent activities, Parliament COPE was changed, and fraudulent activities of allowed to continue, the salient point is Current President, was the Prime Minster, when those financial misappropriations was reported by Parliamentary COPE committee.

Some of the Board of Director members CEB are drawing salaries of RS. One million and few others nearing that amount, and those colossal amount of salary drawers, paid their due tax realised upon the salary they received, paid amounting to Rs. 4.8 billion through the commuted fund of the CEB allocated for development and maintenance of the CEB. Apart from colossal amount of salary drawing and stealthy tax evasion, those blood sucking parasites of CEB further burdening the cost of Electricity Generation, by drawing misappropriated allowances amounting to Rs. 1,544.4 million in the year 2020 and Rs. 2,134.9 million in 2021;with those Bord of Directors and their indiscriminate stealth is still intact, how can the cost effective calculator would be justifiable? Does the Fraudulent CEB is so powerful, than the Minister, Parliament and Executive President, to bring about their indiscriminate tariffs increase against the general public?

Do the International aiding organizations such as IMF, WB, ADB, JAICA and AIIB, with which you are claiming to be discussed the tariff increase of CEB aware of those colossal financial misappropriations taking place within the same main National Electricity providers of the Nation?

  

Kanchana, should understand that, rapid enhanced effort to reduce the cost of electricity generation by all possible means is the best way of addressing the unprofitable electricity generation. It is pointed out here that bi-annual tariffs increase is totally against the basic economic growth principles since the electricity depending day to day essential industrial system will be heavily affected that paves for further spiraling cost of living. That is why national economic will be rendered unrepairable dilapidation than the assumed drought and 8 hours power cut next year. Frequent Tariffs increases to electricity is setting up coffins for National Economy.

Kanchana you are too young to realize that easiest options are never be best solution, and indicates too lazy for thinking nationally rational.

National Electricity Supply is not a single lonely entity, a back bone of national economic dimensions which cannot be managed by just frequent tariffs increases. Further you failed to consider the increasing individual customers naturally neutralizing tendency of cost management. First of all completely revamp the activities of Board Directors of the CEB enabling, recently increased electricity tariffs to be cost effective.