Cabinet approval granted for Ceylon Electricity Board restructuring road map
Posted by Editor on April 18, 2023 - 2:52 pm
Cabinet approval was granted for the proposed road map & timeline of the restructuring process of the Ceylon Electricity Board (CEB), Power and Energy Minister Kanchana Wijesekera said.
He said that the final draft of the new electricity act will be presented to the Parliament for approval by the end of May 2023.
“Approval was also granted to establish a reform secretariat, obtain the assistance of development agencies such as ADB, World Bank, USAID and JICA for the process, to conduct a financial and human resource audit and complete the transition process by October 2023,” the Minister said.
Latest Headlines in Sri Lanka
- Moody’s upgrades Sri Lanka’s credit rating after $12.55 billion debt restructuring December 23, 2024
- Daylight shooting in Koskandawala leaves man injured December 23, 2024
- Sri Lanka withdraws Tri-Forces from former Presidents’ security effective today December 23, 2024
- Sri Lanka launches nationwide traffic operation today December 23, 2024
- Sri Lanka PM and ADB Country Director focus on education development December 22, 2024
