Connect with us

News

‘PUCSL will not be dissolved, but will get new Board soon’

Published

on

By Ifham Nizam

Utilities regulator, the Public Utilities Commission of Sri Lanka (PUCSL) would not be dissolved but the government would appoint a new board of directors as its incumbent directorate had resigned, a senior power sector official said.

When contacted, the Ceylon Electricity Board (CEB) Chairman, Eng. Vijitha Herath told The Island that the PUCSL new board would be appointed shortly.

Power and Energy Ministry strongly says the role of the PUCSL is of paramount importance as almost all CEB engineers have stressed the importance of its functions.

“It cannot be dissolved without parliamentary approval,” another official said.

Last week, Secretary to the President, Dr. P. B. Jayasundera instructed Treasury Secretary S.R. Attygalle to take steps to close down the PUCSL, absorb the technical staff into the National Planning Department and the Power Ministry.

Dr. Jayasundera in his letter stated that the PUCSL Act would be replaced in due course, and that certain relevant provisions in the Act could be incorporated into the Consumer Affairs Authority Act and the Ceylon Electricity Board Act.

Industry experts and Opposition parliamentarians criticised the move to scrap the PUCSL, stressing it would have a deleterious impact on the country’s power sector and open the door to corruption, reduce oversight of the CEB, curtail investment from multilateral lenders such as the Asian Development Bank (ADB), and undermine public interest.

The PUCSL is the economic, technical and safety regulator of the electricity industry in Sri Lanka and the designated regulator for petroleum and water services industries.

The PUCSL has also been assigned as the shadow regulator for the lubricant market in Sri Lanka. It was established by The Public Utilities Commission of Sri Lanka Act No. 35 of 2002.



Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Cabinet nod to increase the number of new automated passenger clearance gates at the Bandaranayake International Airport to 12

Published

on

By

Approval of the Cabinet of Ministers was granted at their meeting held on 19.05.2025 to purchase four (04) automated passenger clearance gates for Bandaranayake International Airport.

In addition, it is expected to extend the automated passenger clearance gates facility so far given only to the Sri Lankans
parallel to the e – passport issuance system to be introduced in the year 2027 also to the foreigners who travel to and from this country.

Furthermore, considering also the number of air passengers rapidly increasing with the fast – forwarding business and tourism field, the appropriateness to increase the total automated passenger clearance gates up to twelve (12) in number has been recognized.

Accordingly, the Cabinet of Ministers,  approved the resolution furnished by the Minister of Public Security and Parliamentary Affairs to initiate the procurement and installation of 12
automated passenger clearance gates altogether with the already approved four (04) and another eight (08) automated passenger clearance gates adhering to the formal procurement procedure

Continue Reading

News

Draft Bill for amending the Trust Ordinance

Published

on

By

Based on the observations submitted by the Task Force on Prevention of Money Laundering and Financing for Terrorism, approval of the Cabinet of Ministers was granted at their meeting held on 18.12.2024 to amend the Trust Ordinance No. 9 of 1917 including amendments proposed by the Financial
Intelligence Unit of the Central Bank of Sri Lanka.

Accordingly, clearance of the Attorney General has been granted for the Trust (Amendment) Draft Bill formulated by the Legal Draftsman.

Therefore, the Cabinet of Ministers approved the resolution furnished by the Minister of Justice and National Integration
to publish the said draft bill in the government gazette notification and thereby, submit the same to the Parliament for its concurrence.

Continue Reading

News

Implementing further relief programme to Public sffected by the Middle East conflict situation

Published

on

By

Action was taken to provide a fuel relief for the fuel consumers during the months of April, May and June of 2026 to redress by minimizing the impact caused to the day today life of the citizens of this country as well as the entire economy due to the price hike of petroleum fuel in the global market resulting from the war situation in the Middle East.

Government mediation is essential for minimizing the impact on the day to today life of citizens in this country due to that war situation not being ended further. Therefore, it has been planned to redress on the sale price for Auto Diesel and Industrial Diesel for a period of 03 months by the Government to provide relief to the public as well as to maintain the prices at a bearable level to the consumers without escalating the fuel prices in this country compared to the escalation of fuel prices
in the international market.

Therefore, the Cabinet of Ministers granted approval for the resolution furnished by the President in his capacity as the Minister of Finance, Planning and Economic Development to
allocate provisions subject to the monthly limitations respectively as rupees 15 billion for the month of October, rupees 13.5 billion for the month of November and rupees 12.15 billion for the month of December to provide the said relief

Continue Reading

Trending