The Ceylon Electricity Board on Monday said that reforms will continue in the electricity sector but there would be no privatisation.
The Ceylon Electricity Board in a statement said CEB had to adopt to a reform process proposed by external mechanisms last year as a result of non-implementation of internal reforms within CEB for decades.
“However, a great opportunity has arisen to carry out proper reforms in the energy sector in line with the social transformational mandate received by the current President of Sri Lanka,”the statement added.
The CEB said its Board of Directors invite everyone to join to raise a people-centric, clean and secure electricity sector while achieving the lowest electricity cost in the region in next five years under a strong single-buyer market with an Independent System Operator (ISO) and unbundled generation, transmission and distribution licensees established by an amendment to the electricity act through extensive public and stakeholder consultation without privatisation of state-owned electricity sector assets. A proposal was also made to form a committee representing employees at all levels to get the active contribution of everyone for the future initiatives taken by the Ministry of Energy.
With the guidance of the Ministry of Energy, moving towards a people-centric energy transition at the dawn of a new renaissance era, an online awareness programme on the electricity sector reforms was conducted by the Chairman and the Board of Directors of the Ceylon Electricity Board (CEB) recently for the entire CEB staff. “Change is a common reality; timely changes are essential for any organisation as well. Proper organizational reforms with periodic evaluations are imperative by any organisation in order to increase the quality of service, maintain high standards in customer satisfaction, make reasonable profits to the organisation, ensure high return to the social economy, and to improve the living standards of the employees,” the CEB added.
