ECONOMYNEXT – Sri Lanka’s Ceylon Electricity Board Engineers Union has suspended a work-to-rule campaign initiated against an unsolicited deal to give LNG procurement to a US based company, an official said.
“We suspended the work-to-rule campaign at the request of the President and positive response to our demands,” CEBEU President Saumya Kumarawadu said.
The CEBEU escalated its industrial action this week after a senior official who was suddenly sent on compulsory leave.
The move came the same day as the power grid was hit by a cascading failure, days after engineers warned of blackouts if the controversial deal went through.
The deal involving the supply of a floating LNG terminal as well as energy on a take-or-pay basis, where CEB has to pay compensation has to be paid if fuel is no purchased, union officials have said.
The deal was made as a Build Operate Terminal (BOT) floating terminal tender was in called. (Colombo/Dec03/2021)