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Sri Lanka Electricity Boards profits because Petroleum Corporation bears the losses, says Petrol...

Mar 11, 2011 12:58:21 AM- colombopage.com
Mar 11, Colombo: Sri Lanka Minister of Petroleum Industry Susil Premajayantha says Ceylon Petroleum Corporation (CPC) is making losses since it has to supply petroleum to the Ceylon Electricity Board (CEB) at heavily subsidized prices.