Board of directors of Lanka Coal Company removed

The auditor General submitted a report to the Parliamentary Oversight Committee on Energy on 30th December 2016, regarding the purchases of coal by the Lanka Coal Company during the period 2009-2016. Considering the facts, recommendations and conclusions of the report, the Ministry of Power and Renewable Energy presented a letter to Mr. Ranjith Siyambalapitiya, the minister of power and renewable energy, recommending the removal of the company’s board of directors. The letter had further requested the minister to re-appoint a new board of directors with changes in Authority levels, responsibilities and scope together with a wide discussion with its stakeholders.

Following the recommendations, the minister Ranjith Siyambalapitiya removed the board of directors with immediate effect.

Mr. Merril Gunathilaka the additional secretary (Technical) to the ministry of power and renewable energy had been appointed as the acting chairman of Lanka Coal Company to maintain its functions until a new board of directors will be appointed.