The Hon. Ravi Karunanayake
Hon. Ravi Karunanayake questioned inconsistencies between stated Government policy, the Minister’s explanation, and CEB actions on electricity pricing. He asked why renewable energy unit rates had been reduced from about Rs. 30 to Rs. 18–20 despite cost revisions suggesting around Rs. 40, warning that this destabilizes investors. He said the issue has persisted at the CEB for years and emphasized that consumers should benefit from any pricing decisions.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Mr. Speaker, the Minister’s answer shows three tracks: Government policy, the Minister’s statement, and CEB behavior. You say the current average unit cost is Rs. 23, with 27% generation from hydropower—up from about 15% some 15 years ago. Yet revisions suggest around Rs. 40. Why have renewable unit rates, once Rs. 30, been pushed down to Rs. 18–20, destabilizing investors? I did not receive an answer. The Minister presented a temporary situation. I know he is trying to change things. As a former Power Minister, I know this issue has persisted for years without change at the CEB. Consumers must benefit; CEB decisions remain the same.
Provenance
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- Hansard, Saturday, 1 March 2025 ·No. 1741955797040395 ·English daily/uncorrected Hansard
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Cite as: The Hon. Ravi Karunanayake. 10th Parliament, Parliament of Sri Lanka. Hansard, 1 March 2025. No. 1741955797040395. Politick, https://staging.politick.io/lk/speeches/180