Electricity Reform Bill Gazetted: CEB to Be Restructured into Four State-Owned Entities

COLOMBO (News 1st); The proposed Electricity Reform Bill has been officially gazetted, marking a significant development in the restructuring of Sri Lanka's electricity sector.

According to the new bill, the previous provisions that aimed to divide the Ceylon Electricity Board (CEB) into 12 separate entities have been removed. 

Instead, the revised bill proposes the restructuring of the CEB into four entities, all of which will remain 100% state-owned.

The Ministry also announced that the bill will be presented to Parliament shortly for approval, emphasizing the urgency and importance of the reforms to improve efficiency and service delivery in the energy sector.