Ofcourse one cannot and one should not privatize entities like CEB and CPC suddenly. There will be serious issues on hand if we do so. But when one entity has all the authority lot of things can go wrong. Look what happened to Russia.
I would ask CPC these
simple question to begin with
a) When petrol and diesel prices are around arguably $4 on world average ( http://money.cnn.com/pf/features/lists/global_gasprices/) and when CPC is selling petrol at RS 160 and diesel at Rs 120 we we still making a profit?
If not are we buying at higher rates than average? If so why ?
b) Yes, giving subsidies in a country like ours is needed to an extent. But when subsidies given to lighten public burden how is it becoming a bigger burden to public? So where is the benefit coming to the public ? You have got it wrong.
CEB:
a) Due to higher utilization of Hydro power plants in the recent past which should bring down the cost of production, why are costs going up further than before. It is simply to cover up the previous debt right? So on one hand you say you helping public all these years by giving cheaper electricty but all that happened was to add more debt and burden back to public and industry.
b) Look at http://en.wikipedia.org/wiki/Electricity_pricing
http://www.statista.com/statistics/13020/electricity-prices-in-selected-countries/
Notice Sri Lankan tariff are very high specially for a low income country. Where the electricy costs are high, usually the income is high.
Further to the above please read my previous post on the thinking issue with the new tarrifs.
c) Have we looked at the most economical practical options to generating electricty? Even importing partly from India should be considered. Is Norochchole an assert or a burden now?
CPC and CEB and Govn
Okay . Let say what happened happened.
a) How about now doing a thorough but genuine investigation to find where the funds are mismanaged?
Anyone want to be genuine here. That is if you really care.
b) Do you admit appointing people with no real management skills or henchman is not going to solve this problem.
Is it obvious that CEB needs to be restructured and management ( I don't care even foreign if they can do the job correctly) needs to replaced until we see progress.
These patch up solutions and promising next year excess chagres are going to be removed is not good enough.
I ask all of you again
a) how come during certain period Air Lanka/Sri Lankan made profit and now in bad shape.
b) After take over by state is SUGA and Sevanagala making better productivity.
c) Why are most state companies not profit making?
Is it a fluke.
Or is it due to corruption? Is it due to bad management ? Is it due to internal and extrenal politics. Or is it due to all 3?
wiki wrote:
It is true that we cant allow loss of these institutions further burden to the country and we cant just restructure the CEB only.. all are connected..many gov institutions has debt to ECB and to CPC.
I dont think giving just to the private sector will solve the problem. It is good to have competition but can we compare telecom sector with other sectors equally??
Is ECB and CPC was loss making form their inception.. I dont think.. so when and what went wrong.. one thing fore sure we need to find ways and means to reduce the production cost...