Power sector workers shouldn’t be granted year-end bonuses

Leader of the Eksath Janaraja Peramuna (EJP) and former Power Minister Patali Champika Ranawaka said that CEB workers shouldn’t be granted year end/Christmas bonuses as they had not contributed to the much favourable current financial status of that state-owned enterprise.

Ex-parliamentarian Ranawaka said that the CEB had earned massive profits solely by implementing extremely unfair tariff structure, therefore workers shouldn’t be paid bonuses.

The former Minister was addressing the media at the EJP Colombo office. Referring to official records, the EJP leader said that the CEB had earned a profit of Rs. 6161 mn in 2023 and also saved Rs. 36 bn. So far this year (January to November), the CEB had recorded Rs. 263 bn profit but the government continued to fleece consumers.

Ranawaka also questioned the failure on the part of the government to provide electricity consumers relief as decided by the Cabinet during the previous government that there would be quarterly revision of pricing formula.

Ranawaka said that the government should explain why it couldn’t decrease fuel prices by a significant amount. The NPP administration should at least admit that it couldn’t do away with the current unbearable tax regime. The ex-parliamentarian asked the NPP to acknowledge that the government feared collapse in case of abolition of heavy taxes on fuel.

The ex-Minister challenged the NPP to prove accusations that had been directed at ministers of previous governments without propagating allegations. According to Ranawaka, both diesel and petrol prices remained high as the government levied Rs 50 and 72 on diesel and petrol, respectively, in addition to 18% VAT (Value Added Tax).

Ranawaka pointed out that in addition to Ceypetco, IOC and Sinopec had been levying taxes heavily with diesel (Rs 88-94) and petrol (Rs 110-117) imports per litre (SF)