The Speaker of the Parliament of Sri Lanka, Jagath Wickramaratne, endorsed the certificate on the Sri Lanka Electricity (Amendment) Bill on Monday (18).
The Sri Lanka Electricity (Amendment) Bill was passed in Parliament on the 06th of August.
Accordingly, the Sri Lanka Electricity (Amendment) Bill will come into force as the Sri Lanka Electricity (Amendment) Act, No. 14 of 2025.
By this Act, provisions are made for the preparation of the “National Electricity Policy as part of the National Policy on Energy” in place of the “National Electricity Advisory Council.”
Furthermore, the term “Wholesale Electricity Market” is substituted with “National Electricity Market,” with the principal objectives of ensuring a continuous, efficient and affordable electricity supply, minimizing greenhouse gas emissions, and promoting renewable energy. (Newswire)