93-page Sri Lanka Electricity Bill published

COLOMBO (News 1st); Sri Lankan authorities on Friday (8) published via gazette the Sri Lanka Electricity Bill.

As per the gazette the bill, following approval from the house, will be an act to provide for the implementation of reforms to the electricity industry, and the establishment of the national electricity advisory council.

It will also make the Public Utilities Commission of Sri Lanka, the regulator for the electricity industry.

It will also provide legislative measures applicable to the incorporation of corporate entities under the Companies Act, No.07 of 2007 in whom all activities connected to the generation, transmission, distribution, trade, supply and  procurement of electricity shall be vested.

Read The Full Gazette Here.