From March 9, 2026, six new successor companies will take over key functions, including generation, transmission, distribution, and system operations. The move is part of the broader implementation of the Sri Lanka Electricity Act No. 36 of 2024.
Officials say the restructuring aims to improve efficiency, enhance service reliability, and attract investment in the power sector, potentially impacting both industrial and domestic electricity consumers. Analysts suggest the move could also pave the way for greater private sector participation in the energy market.
Consumers are being advised that while the operational structure will change, electricity supply and billing processes are expected to continue without disruption during the transition.
