CEB on sound financial footing

Power and Energy Minister Patali Champika Ranawaka, denying allegations the that Ceylon Electricity board (CEB) still owes the Ceylon Petroleum Corporation (CPC) staggering amounts of money said the systematic use of hydro power and strict financial regulations helped the CEB record over Rs. 5 billion in profits after 10 years and zero its overdrafts with the People’ s Bank in 2010.

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Target reached three years ahead :

Sri Lanka achieves MDG on water and sanitation

Amidst international development agency - WaterAid - calling upon the South Asian region to invest more in sanitation to save the lives of over 2.8 million children under the age of five, the Sri Lankan Government said the island had achieved the United Nations’ Millennium Development Goals on water and sanitation that targeted a coverage of 84.5 percent by 2015, three years ahead.

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