INSUBCONTINENT EXCLUSIVE:
Director General of the Power Sector Reforms Secretariat Pubudu Niroshan revealed that the committee appointed by the Ministry of Power and
Energy to review the Sri Lanka Electricity Act has recommended that the Ceylon Electricity Board (CEB) be separated into three separate
state-owned entities to oversee electricity generation, transmission and distribution.This will be a departure from the current provision to
separate the CEB into 12 entities, some of which were to be privatized.Addressing the media, the Niroshan mentioned that a National System
Operator which will also be state-owned will be established to oversee planning, procurement and constructions in the electricity sector.The
Power Sector Reforms Secretariat DG further stated that the committee appointed by the Ministry of Power and Energy to review the Sri Lanka
Electricity Act, on January 20, published an internal investigation report on the amendments required to the Act.Meanwhile, he noted that
stakeholders can submit comments on the concept paper in writing until the February 14, either via post by addressing them to the Ministry
of Power and Energy, Number 437, Galle Road, Colombo 03, or via email to the address reforms@powermin.gov.lk.Niroshan expressed that based
Electricity Board will be separated into 12 separate entities, 3 of which will be state-owned, and of the remaining 9, some may be entirely
procurement and constructions related to the electricity sector
said.Furthermore, he emphasized that the Electricity Act already contains provisions regarding eliminating corruption in the CEB, stopping
country with the highest electricity bills in the region
Currently the average price of a unit of electricity is 13 US cents or Rs
