The Ceylon Electricity Board (CEB) would lose more than Rs. 25 billion next year if it continued to buy electricity from high cost thermal power produced with diesel and renewable energy from the private sector without going for coal – fired power plant at Sampur, CEB engineers said yesterday.

President of the CEB Engineers Union Athula Wanniarachchi said the government would have to increase electricity tariff and other taxes or obtain loans to meet the additional cost. READ MORE . . .