The Sri Lanka Electricity Bill comes into force as the Sri Lanka Electricity Act No. 36 of 2024 with effect from Thursday (June 27).

Speaker Mahinda Yapa Abeywardena endorsed the certificate on the Sri Lanka Electricity Bill in Parliament yesterday.

This Bill was presented to the Parliament on the 25th of April 2024, which aims to make necessary arrangements for the implementation of reforms in the electricity sector. 

Following the debate in Parliament early in June, the Bill was passed with a majority of 44 votes. (Newswire)

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The Sri Lanka Electricity Bill, which includes proposed electricity sector reforms, was presented to the Parliament of Sri Lanka today.

The Bill was presented to the Parliament by Minister of Power & Energy Kanchana Wijesekera. 

The Sri Lanka Electricity Bill replaces the Ceylon Electricity Board Act, No. 17 of 1969 and the Sri Lanka Electricity Act, No. 20 of 2009. 

Sri Lanka’s Proposed Electricity sector reforms were published in the Gazette as the Sri Lanka Electricity Bill this month (Apr 17).

The Gazette defines the Sri Lanka Electricity Bill as “to provide for the implementation of reforms to the electricity industry; to provide for the establishment of the National Electricity Advisory Council; to provide for the Public Utilities Commission of Sri Lanka, established under the Public Utilities Commission of Sri Lanka Act, No. 35 of 2002 to be the regulator for the electricity industry in terms of this Act; to provide legislative measures applicable to the incorporation of corporate entities under the Companies Act, No. 07 of 2007 in whom all activities connected to the generation, transmission, distribution, trade, supply and procurement of electricity shall vest; to specify the processes to be applicable to all related activities; to repeal the Ceylon Electricity Board Act, No. 17 of 1969 and the Sri Lanka Electricity Act, No. 20 of 2009 and to provide for all matters connected therewith or incidental thereto.”

Gazette : http://documents.gov.lk/files/bill/2024/4/474-2024_E.pdf (Newswire)

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