The final draft of the new electricity Bill will be presented to Parliament for approval by end of May, Power and Energy Minister Kanchana Wijesekara said today.

He said in a Twitter message that Cabinet approval was granted yesterday for the proposed road map and timeline of the CEB restructuring process. 

“Approval was also granted to establish a reform secretariat, obtain the assistance of development agencies such as ADB, World Bank, USAID and JICA for the process, to conduct a financial and human resource audit and complete the transition process by October 2023,” the Minister said. 

It is a body comprising companies such as Amazon, Apple, Booking.com, Expedia Group, Google, GoTo, Grab, LINE, LinkedIn, Meta, Rakuten, X and Yahoo.