Country’s current coal requirement is met, reorders in September

(LANKAPUVATH | COLOMBO) – Lanka Coal Company says that 30 ships of coal have already been brought to the country as requested by Ceylon Electricity Board (CEB) in writing.

Shehan Sumanasekara, Chairman and Managing Director of Lanka Coal Company says that the unloading of coal from 28th and 29th ships are currently being carried out. He expects the unloading of the 30th ship will be completed in about a week

He also said since the country’s coal requirement has been met, the program to bring coal will be started again in September.

He said that out of the 30 coal ships brought to Sri Lanka, only 22 ships have been fully paid and the remaining 8 ships have been acquired on credit basis.

However, Lanka Coal Company Chairman said that the necessary measures are being taken to import coal again in September. The coal ships will be brought to the Puttalam Jetty when the high tide season is over, he said.

He also mentioned that it can be expected to be able to get coal at a low cost through a letter of credit under the normal method.

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