CEB dissolved; six new companies take over operations

CEB dissolved; six new companies take over operations

March 9, 2026   11:04 am

The six new companies established through the dissolution of the Ceylon Electricity Board (CEB) have officially come into effect today (09), following the conclusion of the Board’s tenure as of midnight yesterday.

Under this restructuring process, the Ceylon Electricity Board Act No. 17 of 1969 has been repealed, and the CEB has been legally abolished as a corporate entity.

With the dissolution of the Electricity Board, the responsibilities for electricity generation, transmission, distribution, and system operations have been transferred to six successor companies, as per an extraordinary gazette notification recently issued by the Minister of Energy. 

All operational activities previously managed by the Electricity Board will now be handled by these new entities.

The six companies established are:

1. Lanka Electricity Generation Lanka (Private) Limited

2. National Transmission Network Service Provider (Private) Limited

3. National System Operator (Private) Limited

4. Electricity Distribution Lanka (Private) Limited

5. Employees Fund (Private) Limited

6. Energy Ventures Lanka (Private) Limited

New General Managers have been appointed for three of the six companies:

• Lanka Electricity Generation Lanka (Private) Limited – Eng. N. G. Saliya Panditharatne

• National Transmission Network Service Provider (Private) Limited – Eng. N. S. Wettasinghe

• Electricity Distribution Lanka (Private) Limited – Eng. K. S. I. Kumara

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

🔴LIVE | Ada Derana Midday Prime News Bulletin

🔴LIVE | Ada Derana Midday Prime News Bulletin

Why were the fuel prices increased? Do we have enough stocks? Opposition demands answers from Govt. (English)

Electricity trade unions continue their strike action;TUs seek meeting with Energy Minister (English)

Sri Lanka grants 14-day visa extension for tourists stranded due to Middle East conflict (English)

🔴LIVE | Ada Derana Prime Time News Bulletin 2026 - 03 - 10

“Strong international relations essential”;Opposition critical of FM's performance at recent summit (English)

Attack on IRIS Dena by US submarine; No nation imposed any pressure on Sri Lanka: Dy Minister (English)