In Sri Lanka, the Public Utilities Commission of Sri Lanka (PUCSL) functions as the regulatory body of Sri Lanka’s electricity industry. Under the Public Utilities Commission of Sri Lanka Act No. 35 of 2009, the Parliament vested the powers to the Public Utilities Commission of Sri Lanka with Electricity Act No. 20 of 2009.
The Public Utilities Commission of Sri Lanka regulates the generation, transmission, distribution, supply and use of electricity to ensure adequate investment, efficient supply and quality of service in the electricity industry as they considered protecting consumer rights as one of its primary objectives.
The Ceylon Electricity Board is now considered as a Licensee of the Commission. Therefore, the activities of the Ceylon Electricity Board are subjected to the regulations of the Public Utilities Commission of Sri Lanka.
Meanwhile, the Yahapalanaya cabinet has approved a proposal recently to introduce a new bill to take over the power and regulatory power of the Electricity Board through the Minister of Power and Energy.
The proposal to change the electricity bill and give the minister the regulatory powers was signed by the Prime Minister Ranil Wickramasinghe, and fellow members Ravi Karunanayake, Kabir Haseem and Malik Samarawickrema.
Isn’t it strange that these four ministers have been brought before the Presidential Commission of Inquiry on public suspicion, in addition to the former Central Bank Governor and son-in-law for the theft of the central bank bond, 50 days after the current government came into power?
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