Cabinet clears Electricity Sector Reforms Bill for Parliament approval

Power and Energy Minister Kanchana Wijesekera announced that the Cabinet of Ministers approved the electricity sector reforms bill during its meeting yesterday.

The Cabinet approval entails the green light to Gazette the amended version of the new electricity sector bill and to subsequently present it to Parliament for further consideration and approval.

“The bill will be gazetted this week and is scheduled to be presented to Parliament in the last week of April. Upon its presentation, the public will have a two-week window to scrutinise and potentially challenge the bill,” he noted via ‘X’.

The proposed electricity sector reforms bill marks a pivotal step in the Government’s efforts to modernise and streamline the electricity sector, aiming to enhance efficiency, reliability, and sustainability while fostering competition and innovation.