Electricity Sector Reforms Bill proposed to Cabinet

Date:

Colombo (LNW): The proposed Electricity Sector Reforms Bill was submitted to the Cabinet today (30) for its observations and approval, Power and Energy Minister Kanchana Wijesekara said.

The proposed reforms will unbundle the services of the Ceylon Electricity Board (CEB), improve efficiency, transparency, competition and allow private sector participation in the electricity industry, the Minister wrote on his official X account.

“The Bill was prepared over the last 10 months with the assistance of energy and legal experts from development agencies and industry stakeholders. The Bill received the certification of the Attorney General last week after the proposed amendments by the AGs Dept was incorporated by the Legal Draftsman’s,” he wrote.

Wijesekara added that once the Cabinet approves the Bill, it will be gazetted and tabled in the Parliament for approval.

Share post:

spot_imgspot_img

Popular

More like this
Related

Opposition Leader Sajith Premadasa Questions Vehicle Import Tax Irregularities in Parliament

Opposition Leader Sajith Premadasa raised concerns in Parliament over...

SAARC Launches US $3.97m AquaLivelihood Project to Boost Small-Scale Fish Farming

The SAARC Development Fund (SDF), in collaboration with national...

Sri Lanka Steel Sector Marks Milestone with First Exports to Canada

Sri Lanka’s steel industry has reached a landmark moment...

Australia–Sri Lanka Ties Deepen with Governor-General’s Official Visit

Australia and Sri Lanka further cemented their long-standing diplomatic...