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Showing posts with the label Sri Lankan economy

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...