Thursday, 08 May 2025
Buying of Rs. 200 billion worth electricity to be audited

Buying of Rs. 200 billion worth electricity to be audited Featured

The CEB had failed to demonstrate transparency in its spending of nearly Rs. 200 billion to buy electricity from the private sector in the past few years, reports say.

The COPE has brought this to the attention of the Auditor General’s Department, which last week ordered the CEB to submit a report detailing the procedure of buying electricity.

No audit has been done with regard to these expenses and COPE will look into the determinations of requirement to be bought, amount of electricity to be bought and the price.

When contacted, CEB chairman Anura Wijepala said that since 1996 November to date, electricity had been bought with cabinet approval and as per agreements reached with the selling companies.

All those details would be submitted to the AG’s department, he added.

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