Thursday, December 26, 2024
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CEB restructuring proposals to be tabled next week: Minister

Colombo (LNW): Proposals regarding the restructuring of the Ceylon Electricity Board (CEB) will be tabled before the Cabinet next week, said Power and Energy Minister Kanchana Wijesekera.

On Sunday (22), Finance State Minister Shehan Semasinghe said efforts are being accelerated to restructure public entities.

Semasinghe emphasised that the overhaul of loss-making state institutions is progressing well, aiming to address the ongoing economic challenges.

Earlier in the year, discussions revolved around the CEB undergoing management reforms to bolster renewable energy generation in Sri Lanka, supported by both government-led and public-private partnerships.

On 17 April, the Cabinet gave the green light to the proposed roadmap and timeline for the CEB’s restructuring process.

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