Sri Lanka new electricity law to reform power sector by May

Sri Lanka will present a new electricity law to the parliament in May 2023 as part of reforms to state-run Ceylon Electricity Board, Energy Minister Kanchana Wijesekera has said.

The cabinet of minister had given approval this week for a “roadmap and timeline of the CEB restructuring process”.

“The final draft of the new Electricity Act will be presented to the Parliament for approval by the end of May,” Wijesekera said in a message.

Cabinet approval was also given to get assistance from Asian Development Bank, World Bank, the United States Agency for International Development (USAID), and the Japan International Cooperation Agency (JICA) for the process, he said.

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