The Sri Lanka Electricity Act No. 36 of 2024, effective since June 27, 2024, is set to undergo scrutiny following widespread criticism from various stakeholders. The Act, introduced during Ranil Wickremesinghe’s administration, has been flagged for its inability to meet its stated objectives of creating a secure and clean electricity sector.
Critics argue that the Act imposes unnecessary burdens on the electricity industry and consumers, while failing to deliver sustainable solutions. Concerns have also been raised about the roles and responsibilities of the institutions proposed under the Act, which some believe could hinder progress rather than facilitate it.
Acknowledging these concerns, the Cabinet has approved a proposal by the Minister of Energy to reconsider the Act. A committee, including key stakeholders and policy experts in the electricity and energy sector, will be appointed to review the legislation and recommend amendments to ensure it aligns with the goal of a sustainable and secure electricity framework.
The review aims to address stakeholder grievances and recalibrate the Act to support the country’s evolving energy needs without compromising industry efficiency or consumer interests.
