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Govt. blames past for CEB’s continuing woes

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Kumara Jayakody

Power and Energy Minister Kumara Jayakody told Parliament yesterday (22) that the debt-ridden and mismanaged Ceylon Electricity Board (CEB) couldn’t be turned around within 10 or 11 months, citing decades of political interference and corruption.

“The CEB was destroyed over decades by giving free electricity to ministers and their cronies and taking on unsustainable loans. It cannot be fixed overnight,” the Minister said, responding to a question raised by SJB Puttalam District MP Hector Appuhamy.

Jayakody outlined the government’s plan to restructure the CEB under the recently passed Sri Lanka Electricity (Amendment) Act No. 14 of 2025 and the Sri Lanka Electricity Act No. 36 of 2024. The reform will see the creation of six fully government-owned companies, each handling specific operations currently managed by the CEB.

The new entities are National System Operators Pvt Ltd, National Transmission Network Providers Pvt Ltd, Electricity Generators Lanka Pvt Ltd, Electricity Distributors Lanka Pvt Ltd, Energy Ventures Lanka Pvt Ltd and CEB Employees Fund Pvt Ltd.

“These companies will be 100% state-owned and accountable to the Treasury. They are registered under the Companies Act No. 7 of 2007, but ownership will remain fully with the government,” the Minister clarified.

Raising a supplementary question, MP Appuhamy accused the government of attempting through the CEB to hike electricity tariffs recently, a move he claimed was thwarted by the Public Utilities Commission of Sri Lanka (PUCSL).

“The only reason electricity bills didn’t go up was because the PUCSL blocked the attempt. This goes against the NPP’s election promises to reduce tariffs,” Appuhamy said.

In response, Jayakody acknowledged that a 6.8% tariff hike had been proposed but was rejected by the PUCSL, a body responsible for regulating utility pricing.

“Both the CEB and the PUCSL are states institutions. The CEB may propose increases but PUCSL is there to regulate it. When we took office, there was already a proposal to increase electricity rates by 38%. Though some revisions have taken place, we are still under a 5% increase overall. The 38% hike has been completely shelved,” the Minister stated.

He reiterated that reforming a heavily politicised and financially crippled institution like the CEB was a complex, long-term process. “For years, the CEB was prevented from collecting dues from powerful individuals. Reversing that damage takes more than a few months,” he said.

By Saman Indrajith



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Cabinet approves establishment of Activity-Based Learning Centers at Regional Level for Commerce Education

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The importance of establishing learning centers at regional level has been identified in order to achieve multiple objectives, including the development of teachers, utilization as a hub for new technology and resource sharing, enhancement of vocational and higher education opportunities, efficient utilization of limited physical and human resources, integration of new technologies with subject-specific knowledge,
sharing of limited resources to ensure equitable access to education, and development of skills in line with regional potential, thereby contributing to the qualitative development of commerce education.

Accordingly, the project to establish 100 activity-based learning centers for the enhancement of commerce education has been included in the Public Investment Programme as a major investment project in general education, with an estimated total cost of Rs. 289 million, to be implemented during the period 2026–2028.

Having considered the proposal submitted by the Prime Minister, in her capacity as the Minister of Education, Higher Education and Vocational Education, Cabinet approval was granted to establish and operationalize 25 regional centres covering all 25 districts.

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M/s. Resources Development Consultants (Pvt) Ltd appointed to prepare Feasibility Study and detailed plans for the extension of the Kelani Valley Railway Line from Avissawella to Ratnapura

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Approval was granted at the Cabinet Meeting held on 21-10-2025 to carry out a feasibility study and prepare detailed plans for the extension of the Kelani Valley Railway Line from Avissawella to Ratnapura.

The calling of expressions for this purpose has been conducted under the national Competitive Procurement Procedure, and 8 bidders have submitted their Expression of Interest in that respect.

Following the evaluation of technical proposals submitted by the short-listed bidders, and financial proposals of the 4 eligible institutions have been opened. Subsequent to the evaluation of the aforementioned financial proposals, the Consultant Procurement Committee has recommended awarding
the consultancy for the feasibility study and preparation of detailed plans for the extension of the Kelani Valley Railway Line from Avissawella to Ratnapura to M/s. Resources Development Consultants (Pvt) Ltd at a total cost of Rs. 356.22 million (exclusive of taxes).

Accordingly, the Cabinet of Ministers has approved the resolution furnished by the Minister of Transport, Highways and Urban Development to award the said procurement in line with the above recommendation.

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Import and Export (Control) Regulations No. 01 of 2026, issued under the Imports and Exports (Control) Act, No. 1 of 1969, to be submitted for concurrence of the Parliament

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The Special Import Licence Regulations No. 01 of 2023, published in Extraordinary Gazette No. 2312/77 dated 01-01-2023, prohibit the importation of retreaded tires, including those used for aircraft.

However, the Ministry of Ports and Civil Aviation has made a request that an exemption be granted to permit the importation of retreaded aircraft tires classified under HS Code 4012.13 for Sri Lankan Airlines.

Taking into consideration essential operational and safety requirements, it has been decided to permit the importation of retreaded aircraft tires classified under HS Code 4012.13, subject to the recommendation of the Ministry of Ports and Civil Aviation, provided that such tires comply with the requirements specified by internationally recognized aviation authorities and are imported by Sri Lankan airline operators engaged in international air services under a duly executed supply agreement between the airline and a certified international supplier.

Accordingly, the Cabinet of Ministers has approved the resolution furnished by the President, in his capacity as the Minister of Finance, Planning and Economic Development, to submit the Import and Export (Control) Regulations No. 01 of 2026, published in Extraordinary Gazette No. 2481/02 dated 23-03-2026 under the provisions of the Imports and Exports (Control) Act, No. 1 of 1969, for the concurrence of the Parliament.

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