For better structure, the Electricity Board is divided into four institutions: President Anura

19-Sep-2025

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The Ceylon Electricity Board (CEB) has long suffered from inefficiency and public distrust, with nearly 26,000 employees but no accountability for recurring problems. To build a stronger structure, the government has decided to restructure the CEB into four separate companies, President Anura Kumara Dissanayake announced.

Speaking at an event marking the construction of six new oil storage tanks at the Kolonnawa oil depot, the President said:

“The energy sector is a cornerstone of the economy. Yet some employees of state enterprises behave as if these institutions exist only for them. While some CEB employees work as required by law, others simultaneously engage in sick-leave protests. Strikes may continue, but restructuring cannot be avoided.

When we came to power, the law governing the CEB was harmful to both the country’s energy sovereignty and to employees. We amended that law. Was that wrong?

Since public confidence in the CEB is lacking, restructuring is unavoidable. Employees may serve in one of the four new companies. Those unwilling can voluntarily retire, receiving compensation between Rs. 900,000 and Rs. 5 million. This decision will not be reversed. I urge everyone to cooperate for meaningful change.”