Government begins unbundling of CEB

23 September 2025 08:49 am Views - {{hitsCtrl.values.hits}} 3 Bookmark

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The government has initiated the unbundling of the Ceylon Electricity Board (CEB) into four state-owned companies, with the attachment of employees to the new entities already underway, the Ministry of Power and Energy announced yesterday.

In a statement, the Ministry said several CEB employees have expressed their willingness to join the newly formed companies. Letters of consent were handed over to the CEB yesterday morning. Director of Power Sector Restructuring, Pubudu Niroshana, was also present at the occasion.

The restructuring is being carried out in accordance with the Sri Lanka Electricity (Amendment) Act, which mandates the unbundling of CEB. Under the new framework, four government-owned companies will be established:

Accordingly, National Grid Control (Pvt) Ltd, National Transmission and Network Services (Pvt) Ltd, Power Distribution Lanka Ltd and Power Generation Lanka Ltd will comprise of a government stake, the ministry said.

The Ministry claimed that the move has been well received by employees, and emphasised that the restructuring is intended to modernise and strengthen the country’s power sector.

Comments - 3

[email protected] Tuesday, 23 September 2025 10:10 AM

Unbundling began forming LECO during JR'S era with only restructuring of power distribution in certain areas. The 'Progressivsts' fought against it but corruption continued in CEB under all regimes even after 1994 revolution. Many of these so called employees slaved by political trade unions are responsible for downfall. Those gurus and pundits who sabotaged timely restructuring and now they have no options other than unbundling of their past Ill deeds under IMF supervision. People have to eat coal and drink curd-oil got a government to legally punish them.This is Sri Lanka, the land of all religions and ideologies.

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Dr Ranil Supporter, previously Dr Namal and Dr Sajith Supporter Tuesday, 23 September 2025 11:13 AM

I like Dr Pacha Tissa Fernando's this name better. Keep it up, Pachaya!

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Andrea Brito babapulle Wednesday, 24 September 2025 02:40 PM

ceb users and manamali electricity readers who come with polished shoes, red shirts, sexually frustrated men who attempt to enter homes under guise of teading meters but try to rape elderly women (incident of 2006 unmarried cousin, house seeds stolen, on the web, judge gihan pallipitiya 67 years RI EACH UNJIKNIST IS PAID FOR 1MILLION A MONTH IN WAGES.. CHEATING SYSTEMS. 367% LEVIES INTRODUCED IN 2023/12? And bills which were 1067 go to 3067 overnight. Incomes do not match expenses. People are punished with government caused poverty. Melinda rajapakse vs kotelsawala and investors punished. Why? Petty criminal minds. Labelling terrorists of Tamil migrants. Aren't we all? Since not veddha. Solve. No political preferences. All are people. Altruism vs realism.

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