New Electricity Amendment Bill to be introduced soon: Minister

By Yohan Perera and Ajith Siriwardana

Parliament, March 3 (Daily Mirror)- The New Electricity Amendment Bill will be introduced soon under which the division of the Ceylon Electricity Board (CEB) will be done away with, Minister of Trade Wasantha Samarasinghe told Parliament today.

"Our government will not privatise any power stations or the transmission of power. The previous government planned to devide CEB into eight seperate companies but our government will not undertake such an exercise," he said.

"We have managed to bring down the price of power to Rs. 18 to 19 a unit  from the earlier level of Rs. 30 a unit," he said.

The Ministry said the NPP government will always see to it that power will be purchased at the lowest possible rate.