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CEB Unbundling: CEOs appointed to three new power firms

CEB Unbundling: CEOs appointed to three new power firms

09 Mar 2026


  • CEB unions to dissolve from midnight

Three Chief Executive Officers have been appointed to three of the six companies established to replace the Ceylon Electricity Board (CEB), which is currently being dissolved as part of the restructuring of the power sector.

Engineer N.G. Saliya Panditharatne has been appointed Chief Executive Officer of Lanka Electricity Generation Lanka (Private) Limited, while Engineer N.S. Wettasinghe has been appointed Chief Executive Officer of National Transmission Network Service Providers (Private) Limited. Engineer K.S.I. Kumara has been appointed Chief Executive Officer of Electricity Distribution Lanka (Private) Limited.

The appointments were made on 6 February.

However, new Chief Executive Officers have not yet been appointed for Electricity Board Employees Fund (Private) Limited and Energy Ventures Lanka (Private) Limited, two other companies established under the restructuring process.

Meanwhile, all trade unions that previously operated under the CEB ceased to exist from midnight yesterday (8). This followed the official termination of operational activities of the CEB as part of the restructuring process. As a result, existing unions will be automatically dissolved and employees will be required to register new trade unions under their respective new employers.

It was reported that more than 40 trade unions that previously operated under the CEB have already begun taking steps to register new unions under the newly established companies.



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