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CPC Blocks Competitive Fuel procurement Bidding Costly Monopolies Persist - LNW Lanka News Web
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CPC Blocks Competitive Fuel procurement Bidding Costly Monopolies Persist - LNW Lanka News Web
By:Staff Writer September 15, Colombo (LNW): A tense row between the Ceylon Petroleum Corporation (CPC) and the Ceylon Electricity Board (CEB) has crystallised into a policy fight with concrete fiscal consequences: efforts by the CEB to push competitive international bidding for thermal fuel procurement have been resisted by CPC, while recent CPC-awarded contracts show the state-owned supplier remains the gatekeeper of large fuel deals. CEB eng…
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