CEB says reforms to continue but no privatisation

Tuesday, 5 November 2024 01:16 - - {{hitsCtrl.values.hits}}

The Ceylon Electricity Board (CEB) said yesterday that reforms will continue though there will be no privatisation of the State utility.

With the guidance of the Energy Ministry, moving towards a people-centric energy transition at the dawn of a new renaissance era, an online awareness program on the electricity sector reforms was conducted by CEB Chairman and the Board of Directors last week for the entire CEB staff.

“CEB had to adapt 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,” CEB said in a statement. It said change is a common reality; timely changes are essential for any organisation as well.

Proper organisational 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.

CEB says...

The CEB Board of Directors is inviting everyone to join to raise a people-centric, clean and secure electricity sector while achieving the lowest electricity cost in the region in the 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 Energy Ministry.