Posts

Showing posts with the label Mismanagement

Why Sri Lanka is Turning its Back on the Future ?

Image
The Great Solar Sabotage: Why Sri Lanka is Turning its Back on the Future Sri Lanka is a land defined by its abundance. Positioned in the heart of the tropics, we are blessed with near-perpetual sunshine and two powerful monsoons—the South-West and the North-East—that provide a free, inexhaustible source of energy. Yet, in a move that defies both economic logic and environmental sanity, there are proposals to penalize the very citizens who have invested their own capital into rooftop solar. The justification? The Ceylon Electricity Board (CEB) is bleeding money. But to suggest that discouraging renewable energy is the cure for the CEB’s financial terminal illness is like suggesting a thirsty man stop drinking water to save on plumbing costs. The Elephant in the Room: Mismanagement The CEB’s losses are not the fault of the sun; they are the result of decades of systemic mismanagement, inflated procurement prices, and a bloated workforce. Reports of meter readers earning upwards ...