The Hon. Ravi Karunanayake
Ravi Karunanayake noted that hydropower can meet only about 35 percent of electricity needs, while thermal generation costs significantly more. He argued that selling electricity below production cost creates losses and cautioned against using hydropower pricing as the basis for overall tariffs. He called for a responsible pricing approach that avoids financial losses while protecting consumers.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Hydropower can provide about 35 percent. Thermal generation costs Rs. 45–55 per unit. Selling at Rs. 29 while producing at Rs. 39 creates a gap. If we rely on hydropower to set price, we repeat past losses. We must act responsibly: avoid losses while protecting consumers.
Provenance
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- Hansard, Wednesday, 19 February 2025 ·No. 1740397565032971 ·English daily/uncorrected Hansard
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Cite as: The Hon. Ravi Karunanayake. 10th Parliament, Parliament of Sri Lanka. Hansard, 19 February 2025. No. 1740397565032971. Politick, https://staging.politick.io/lk/speeches/11403