He noted that the progress of coal procurement for the next season, the financial situation of the Ceylon Electricity Board (CEB), power generation plans and forecasts for the next 12 months and other issues related to CEB were reviewed and discussed.

He also revealed that the Lanka Coal Company has successfully called for tenders and offered the spot and term tenders for the next season.

As per the Minister, the company aims to receive and unload 40 cargos of coal by May 2024. The first shipment of the season is set to arrive at Norochcholai next week.

The CEB system control estimates 3500-3750 GWh of hydro generation this year but will ensure an uninterrupted supply of power with thermal power generation,” he said.