President affirms commitment to energy sovereignty

PRESIDENT Anura Kumara Disanayake yesterday affirmed the Government's commitment to safeguarding the country's energy sovereignty, making it clear that there is no intention to hand over the country's power sector to private interests.

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Addressing a progress review meeting on the ongoing power sector reforms at the Presidential Secretariat, the President stressed that energy independence is key to economic growth, national security and long-term stability.

He underscored that the objective of the reforms is not privatisation, but rather the elimination of inefficiencies within the existing framework to create a more streamlined and effective system.

The meeting was attended by members of the committee overseeing the reforms as well as directors of the newly established entities, including Electricity Distribution Lanka Ltd., National Transmission Network Service Provider Ltd., Electricity Generation Lanka Ltd., and National System Operator Ltd.