📈 Sri Lanka Power Sector Crisis & Governance Breakdown

• Energy Sector Impact: Recent island-wide blackout and power cuts caused by technical failures across all 3 units at the Norochcholai Lakvijaya coal power plant. Emergency coal purchases triggered by substandard coal imports resulted in a loss exceeding Rs. 18.3 Mn. • Policy & Regulatory Delays: - Term for the Presidential Commission investigating coal import irregularities (2009–present) extended to 16 Dec 2026. - Parliamentary Select Committee probing the unscrutinized release of 323 containers from Colombo Port extended through Dec 2026. • Governance & Anti-Corruption: Opposition and oversight committees call for equal enforcement of the law as delay tactics via commissions persist. A total of 50 historical fraud/corruption cases (2015–2019) were recently tabled in Parliament amidst ongoing probe delays.