Essayer OR - Gratuit
Private sector unites to oppose draft Bill to amend Electricity Act
Daily FT
|July 11, 2025
The Ceylon Chamber of Commerce, National Chamber of Commerce, Joint Apparel Association Forum and Federation of Renewable Energy Developers make joint written submission to Parliamentary Sectoral Oversight Committee on Infrastructure and Strategic Development
-
THE private sector has written to a Parliamentary Sectoral Oversight Committee to reconsider the draft Bill to amend the Electricity Act, given widespread concerns over it.
In a joint action, The Ceylon Chamber of Commerce, the National Chamber of Commerce, the Joint Apparel Association Forum, and the Federation of Renewable Energy Developers have made written representation to the Sectoral Oversight Committee on Infrastructure and Strategic Development, listing a host of concerns.
"We remain committed to supporting meaningful reform of Sri Lanka's power sector. Our input throughout this process has been timely, constructive, and well-documented," the private sector organisations have said in their letter. However, they urged that the current draft Bill be reconsidered and not tabled in its current form and a revised draft be developed through a transparent, multi-stakeholder process.
The private sector also insisted the long-term vision of sectoral transformation be restored to its rightful place at the heart of legislation.
Following are excerpts of the letter. A collective of Chambers of Commerce and Industry Association write to express our deep concern regarding the proposed amendments to the Electricity Act 2024 from the Gazette published on 16 May 2025. This letter reflects the collective voice of key private sector stakeholders and members of Sri Lanka's renewable energy community, who have actively and constructively engaged in consultations and submissions throughout the reform process prior to 2025.
Cette histoire est tirée de l'édition July 11, 2025 de Daily FT.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Daily FT

Daily FT
LOLC Group drives Ceylon Motor Show 2025 as exclusive sponsor
THE LOLC Group, has announced its partnership as the exclusive Sponsor of the Ceylon Motor Show 2025, largest and only international-standard automotive exhibition in the country.
2 mins
October 14, 2025

Daily FT
South Africa hold nerve to beat Bangladesh in classic thriller
ICC WOMEN'S CRICKET WORLD CUP
2 mins
October 14, 2025

Daily FT
Coca-Cola appoints Mario Perera as Country Head for Sri Lanka and Maldives
THE Coca-Cola Company yesterday announced the appointment of Mario Perera as Country Head fo Sri Lanka and the Maldives With over 14 years of experience in the food and beverage (F&B) industry, Mario brings extensive regional and global leadership experience, having managed global brands across multiple countries.
1 min
October 14, 2025
Daily FT
World Elite acquires 50% Gestetner stake for Rs. 318.7 m
GESTETNER of Ceylon PLC yesterday said that Hong Kong-based World Elite Ltd. has acquired a controlling 50.01% stake in the company through trades executed in the market.
1 min
October 14, 2025

Daily FT
Court upholds fair access for tourism operators in Samanalawewa
ECO Team Group, the pioneer of canoeing and kayaking in Samanalawewa, has welcomed a recent Court of Appeal ruling reinforcing fair and transparent access to the lake for all tourism operators.
1 min
October 14, 2025

Daily FT
NDB Bank partners DIMO to expand customer-friendly leasing solutions
NDB Bank recently entered into a Memorandum of Understanding (MoU) with DIMO to extend affordable and accessible leasing facilites to.a wide spectrum of customers.
1 mins
October 14, 2025

Daily FT
Deutsche Bank says SL at turning point; will step up support
GERMANY'S multinational financial services giant Deutsche Bank last week said with macroeconomic indicators improving Sri Lanka is at a turning point and it will step up being a conduit for global capital, enabling trade and investment.
2 mins
October 14, 2025

Daily FT
Colombo Port posts Rs. 32 b profit YTD Aug. 2025
SLPA says will reinvest earnings to boost transshipment hub status
1 min
October 14, 2025

Daily FT
Abans Group Director Dr. Dubash honoured with Visionary Leadership Award
ABANS Group has announced that Group Director Dr. Saroshi Dubash has been recognised with the ‘Visionary Leadership in Organizational Excellence’ Award at the 15th Top 50 Professional & Career Women Global Awards 2025, held at Shangri-La Colombo on 9 October.
1 mins
October 14, 2025

Daily FT
Indian banks can lend in INR in SL, Bhutan, and Nepal
THE Reserve Bank of India has amended regulations allowing Indian banks to extend loans in Indian rupees (INR) to banks and individuals residing in Sri Lanka, Bhutan, and Nepal.
1 min
October 14, 2025
Listen
Translate
Change font size