Hon. Kumara Jayakody - Minister of Energy

Jathika Jana balawegaya· National List· 1 March 2025 ·Oral question: Standing Order 27(2) Question: Sustainable and Cost-Effective Energy Generation

Public FinanceCorruption & Governance Reform

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Hon. Kumara Jayakody stated that the Rs. 18.99 figure is an average energy cost, noting that competitively procured projects often achieve prices below Rs. 15 or under Rs. 20, thereby reducing the average without arbitrary tariff cuts. He argued that competitive tendering is the mechanism for lowering prices. On fuel-related issues, he said the Government is addressing irregular practices since 2019 to prevent unlawful diversion of public funds, linking the matter to taxation and public revenue, and indicated that the State Minister of Finance would provide further explanation.

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Machine-translated from Sinhala / Tamil / English

¶ 01 Briefly: Rs. 18.99 is an average. Many competitively procured projects are below Rs. 15, often under Rs. 20, which lowers the average. This is not about cutting tariffs arbitrarily; competitive tenders drive prices down.

¶ 02 On the fuel issue: we must ensure public money is not unlawfully diverted. Since 2019, practices were irregular. We are correcting this, which directly relates to taxation and public revenues. I believe our State Minister of Finance will explain further.

Provenance

Source: Hansard, Saturday, 1 March 2025 ·No. 1741955797040395 ·English daily/uncorrected Hansard
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Cite as: Hon. Kumara Jayakody - Minister of Energy. 10th Parliament, Parliament of Sri Lanka. Hansard, 1 March 2025. No. 1741955797040395. Politick, https://staging.politick.io/lk/speeches/181