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Six New Companies Formed as CEB Officially Dissolved

March 9, 2026

Six new companies established following the dissolution of the Ceylon Electricity Board (CEB) officially came into effect today (09), after the Board’s tenure ended at midnight yesterday.

Under the restructuring process, the Ceylon Electricity Board Act No. 17 of 1969 has been repealed, and the CEB has been legally abolished as a corporate entity.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, responsibilities for electricity generation, transmission, distribution, and system operations have been transferred to six successor companies in accordance with an extraordinary gazette notification issued by the Minister of Energy.

All operational activities previously managed by the CEB will now be carried out by these newly established entities.

The six companies 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

General Managers have already been appointed for three of the six companies.

Eng. N. G. Saliya Panditharatne has been appointed as the General Manager of Lanka Electricity Generation Lanka (Private) Limited.

Eng. N. S. Wettasinghe will serve as the General Manager of National Transmission Network Service Provider (Private) Limited.

Eng. K. S. I. Kumara has been appointed as the General Manager of Electricity Distribution Lanka (Private) Limited.

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