Hon. Kumara Jayakody - Minister of Energy
The Minister of Energy provided salary and allowance details for the Chairman and Managing Director of the Ceylon Petroleum Corporation and Ceylon Petroleum Storage Terminals Limited, including 2023 and current figures. He stated that the Managing Director’s salary and professional allowance increased by 25 per cent following Cabinet approval on 18 September 2024, while the Chairman’s CPC salary remained Rs. 100,000. He also clarified that the CPSTL Chairman draws salary only from CPSTL, the Managing Director draws a full CPSTL salary and 50 per cent of the CPC salary, and Board meeting payments are made only to specified non-executive directors.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Hon. Speaker, the answer is as follows.
¶ 02 (a) (i) As at 2023: - Chairman – Rs. 100,000.00 - Managing Director – Rs. 402,122.50
¶ 03 (ii) As at today: - Chairman – Rs. 100,000.00 - Managing Director – Rs. 502,653.10 (25% increase approved by Cabinet on 18.09.2024)
¶ 04 (iii) Allowances: - Chairman – Telephone allowance - Managing Director – Telephone allowance, Professional allowance and Cost of Living allowance
¶ 05 (iv) Allowance amounts:
¶ 06 2023 / Current - Chairman: Telephone – Rs. 6,000.00 / Rs. 6,000.00 - Managing Director: • Telephone – Rs. 4,250.00 / Rs. 4,250.00 • Professional allowance – Rs. 40,212.25 / Rs. 50,265.31 • Cost of Living allowance – Rs. 5,250.00 / Rs. 5,250.00 (Professional allowance increased in line with the 25% salary increase approved by Cabinet on 18.09.2024.)
¶ 07 (b) (i) Chairman – Draws salary only from Ceylon Petroleum Storage Terminals Limited (CPSTL). Managing Director – Draws full salary from CPSTL and 50% of CPC salary.
¶ 08 (ii) Salary by institution: - Ceylon Petroleum Corporation (CPC): Chairman – Not paid; Managing Director – Rs. 502,653.10 (50% drawn: Rs. 251,326.57) - Ceylon Petroleum Storage Terminals Ltd. (CPSTL): Chairman – Rs. 625,000.00; Managing Director – [Full salary drawn; CPC 50% as above]
¶ 09 (iii) Payments for attending Board Meetings: - Chairman – Not paid - Managing Director – Not paid - Other Directors – As follows (per meeting allowances and travel):
¶ 10 Directors — CPC / CPSTL 1. H.T.P. Chandana – Rs. 20,000 / Rs. 7,500 2. R.M.S.P.S. Bandara – Rs. 20,000 / Rs. 7,500 3. Deepak Das (LIOC) – Rs. 20,000 / Rs. 7,500 4. Avinash Singhal (LIOC) – Rs. 20,000 / Rs. 7,500 5. Sunil Kantha Maharana (LIOC) – Rs. 20,000 / Rs. 7,500 6. M.M.C. Dos – Not paid / Not paid 7. W.S. Hemanta Kumara (Executive Director) – Not paid / Not paid
¶ 11 (Details on conveyance/travel allowances appended in the answer.)
Provenance
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- Hansard, Tuesday, 5 August 2025 ·No. 1754902606038704 ·English daily/uncorrected Hansard
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Cite as: Hon. Kumara Jayakody - Minister of Energy. 10th Parliament, Parliament of Sri Lanka. Hansard, 5 August 2025. No. 1754902606038704. Politick, https://staging.politick.io/lk/speeches/27772