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Showing posts with the label LECO

Sri Lanka’s CEB Restructure: Is it a Privatization or an Upgrade?

  Sri Lanka's CEB Restructure: Why Four "Private" Companies? The Sri Lanka Electricity Board (CEB) is undergoing a major government-led restructure. For better management, the CEB's functions will be split into four independent, government-owned private limited companies . This move has sparked a lot of debate, with many people assuming that the use of the word "private" means the CEB will be sold off. But is that true? Let's break down what's really happening. The New Structure of the CEB The restructuring will create four new entities, each with a specific role: Electricity Generation Lanka (Private) Limited: This company will handle the generation of electricity. National Transmission Network Service Provider (Private) Limited: This entity will manage the country's entire power transmission system. Electricity Distribution Lanka (Private) Limited: This company will be responsible for distributing electricity to consumers. National System Op...

Your Guide to the New Electricity Tariff in Sri Lanka: Making Sense of Your Bill

Tired of trying to figure out your monthly electricity bill? 😩 The constant changes to the electricity tariff in Sri Lanka can feel overwhelming. It's a common struggle for many of us. But understanding how your bill is calculated is the first step to taking control and, more importantly, saving money. This detailed guide is here to simplify the Sri Lanka new electricity tariff for you, breaking down everything you need to know in a clear, straightforward way. We'll cover the latest unit prices, fixed charges, and offer practical tips to help you manage your consumption and your budget. The Basics: What is the Sri Lanka New Electricity Tariff and Why Does it Change? The electricity tariff is the pricing structure used by the Ceylon Electricity Board (CEB) and Lanka Electricity Company (LECO) to charge consumers for the electricity they use. This isn't just a random number; it's a carefully calculated rate approved by the Public Utilities Commission of Sri Lanka (PUCSL...