header logo
Asia asset finance
Latest
Concessionary period for movie theatre owners to settle unpaid electricity bills
Jan 01, 202110:59 AM
Concessionary period for movie theatre owners to settle unpaid electricity bills

Sri Lanka National Film Corporation has announced that the Minister of Power and Energy Dullas Alahapperuma has agreed to grant a one-year grace period for movie theatre owners to settle due electricity bills.

 

The decision was taken with the aim of providing relief for their financial difficulties caused by the closure of movie theatres from March 2020 due to Covid-19 virus outbreak.

 

National Film Corporation further stated that the decision was reached during a meeting between the Chairman of the National Film Corporation Dr. Jayantha Dharmadasa and the Minister of Power and Energy Mr. Dullas Alahapperuma, held on the instructions of Prime Minister Mahinda Rajapaksa, Minister of Buddha Sasana, Religious and Cultural Affairs.

 

Accordingly, this will provide an opportunity to settle the unpaid movie theatre electricity bills concerning the period from March to December 2020 in 12 months (in 12 equal instalments).

 

Minister Dullas Alahapperuma has instructed the Ceylon Electricity Board and the Lanka Electricity Company not to disconnect electricity due to arrears during this period.

 

Requests made by the Association of Film Exhibitors and challenges faced by movie theatre owners including long-term inactivation of technical tools such as digital projectors during the Covid-19 pandemic situation were considered while making this decision.

 

Accordingly, around 194 movie theatres island-wide registered with the National Film Corporation are eligible for this electricity bill concession.

 

The cinemas which were closed due to Covid 19 outbreak will be reopened from today (January 01).

 

 

 

MostRead
Mobitel 5g
VideoStories
Former MP Udaya Gammanpila claims Suresh Sallay on hunger strike in CID custody

Former MP Udaya Gammanpila claims Suresh Sallay on hunger strike in CID custody

Govt assures fair paddy prices aligned with farmers' production costs

Govt assures fair paddy prices aligned with farmers' production costs

Schools must serve as safe and secure spaces for children -PM Harini Amarasuriya

Schools must serve as safe and secure spaces for children -PM Harini Amarasuriya

Sri Lanka's dengue cases cross 35,000 with 19 deaths reported so far this year

Sri Lanka's dengue cases cross 35,000 with 19 deaths reported so far this year

Sri Lanka marks World Environment Day 2026 under Presidential patronage

Sri Lanka marks World Environment Day 2026 under Presidential patronage

Govt is misusing PTA in an unprecedented manner, Dilith Jayaweera says

Govt is misusing PTA in an unprecedented manner, Dilith Jayaweera says

MP Upali Pannilage claims Anguruwatota elders’ home was not registered with any relevant authority

MP Upali Pannilage claims Anguruwatota elders’ home was not registered with any relevant authority

Private bus operators demand 5% fare revision following the fuel price hike

Private bus operators demand 5% fare revision following the fuel price hike

MP Ravi Karunanayake submits motion seeking parliamentary committee to probe CBSL independence

MP Ravi Karunanayake submits motion seeking parliamentary committee to probe CBSL independence

Sri Lanka likely to face drought in July-August as El Nino threat grows - Met Dept.

Sri Lanka likely to face drought in July-August as El Nino threat grows - Met Dept.

Funds collected under ‘Rebuilding Sri Lanka’ initiative remain unused in Treasury DST account?

Funds collected under ‘Rebuilding Sri Lanka’ initiative remain unused in Treasury DST account?

Fuel import costs hit USD 522 million in May,highest monthly foreign reserve outflow

Fuel import costs hit USD 522 million in May,highest monthly foreign reserve outflow

Cabinet approves allocation of over Rs. 500 million  for key development projects in 23 cities

Cabinet approves allocation of over Rs. 500 million for key development projects in 23 cities

“Govt. will fulfill public aspirations”  Past welfare programs fostered political dependency: PM

“Govt. will fulfill public aspirations” Past welfare programs fostered political dependency: PM

"CPC incurring massive losses on fuel sales" Cabinet Spokesman says fuel price revisions inevitable

"CPC incurring massive losses on fuel sales" Cabinet Spokesman says fuel price revisions inevitable

Lassana Flora