Lankapage Logo CP 22 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Cabinet approves proposals to restructure CEB
Mon, Nov 28, 2022, 11:25 pm SL Time, ColomboPage News Desk, Sri Lanka.

Nov 28, Colombo: Cabinet of Ministers has granted approval today to the recommendations proposed by the committee on Restructuring the Ceylon Electricity Board (CEB), Power and Energy Minister Kanchana Wijesekera said.

The recommendations for the restructuring of the CEB have been made by the committee led by Dr. R. H. S. Samaratunga, a former Secretary of the Finance Ministry.

The CEB, controlling all aspects of power sector, is the country’s monopoly electricity transmitter and distributor and accounts for around 75% of power generation.

The proposed power sector reform process plans to abolish all types of monopolies related to electricity generation, transmission, and distribution in Sri Lanka and separate the single monopoly into three sub-sectors.

The Minister said on Twitter that the Electricity Reforms Bill will be drafted within a month to begin the unbundling process of the CEB.

He said they will work on a rapid timeline to seek the approval of Parliament.

 

ColomboPage - Recent 10 Stories ::
Two arrested for videoing the area around Parliament
-- [1 hour and 17 minutes ago]
Government takes action to remove chairman of the Public Utility Commission
-- [1 hour and 31 minutes ago]
Support from Japan to clean Beira Lake
Support from Japan to clean Beira Lake
Former UN Secretary General Ban Ki-moon to visit Sri Lanka
Foreign Minister Ali Sabry concludes official visit to Kingdom of Saudi Arabia
Another member of the National Election Commission receives death threats
Sri Lanka President warns of falling into crisis again if government programs disrupted
Government to release 100 acres of lands in the North to the original owners
Power regulator rejects a request from the Ceylon Electricity Board for power interruption

Copyright © 2000, 2020 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.