Srilanka CEB Will not be Privatized

Power and Renewable Energy Minister Ranjith Siyambalapitiya said, that  the government will not privatize the CEB. He said no Cabinet paper was presented for such a proposal.

The Minister said,  there is no need to privatise a profit earning institution. He said the CEB earned a profit of Rs. 15 billion in 2015 and a considerable profit had been earned in 2016.

He said the CEB is not needed to be privatised as Sri Lanka is the only country that has provided 100 percent service in the Asian region.