The Electricity Consumers’ Association (ECA) has requested that detailed information be provided on the loans obtained by the Ceylon Electricity Board (CEB) in recent years.

In a letter addressed to the Ministry of Energy under the Right to Information Act, No. 12 of 2016, the ECA has asked for a breakdown of the loans secured to date, the repayment periods, and the agreements tied to those borrowings.

The ECA has also called for a separate account of the assets and liabilities of each of the four entities that are to be formed under the Sri Lanka Electricity (Amendment) Act, No. 14 of 2025.

Further, the ECA has questioned whether an assurance has been issued under the act guaranteeing that the CEB will not be privatised.

Ministry of Energy Secretary Prof. Udayanga Hemapala, who is also the Acting CEB Chairperson, was not available for comment.

The CEB has been restructured into four separate State-owned companies under the new act. The newly created entities are the National System Operator, the National Transmission Network Service Provider, Electricity Distribution Lanka, and Electricity Generation Lanka. 

Current CEB employees have been given a two-month period to apply for a transfer to one of the new companies. Those who choose not to transfer will be offered a retirement compensation scheme. The ministry also stated that senior management positions in the four new institutions would be filled by appointing top-level engineers from among the existing CEB staff.