PUCSL says new Electricity Act could unlock power-sector FDI via competition
This story is no longer in the live feed. First reported .
Daily FT reports that the Public Utilities Commission of Sri Lanka (PUCSL) considers the new Electricity Act a possible means of drawing foreign direct investment into the power sector.
According to Daily FT, the legislation would shift the sector away from its traditional single-buyer structure and toward competition, giving investors greater flexibility. The report offers no further details about how the market would operate or when changes might begin.
Written automatically by AI from the outlets’ own reports, and not reviewed by an editor. It can be wrong — the original report is the authority.
Earlier coverage
Reports on the same subject from the months before this story.
- EconomyNext · Sri Lanka to open power transmission to private sector: President
- Lanka Business Online · Sri Lanka to open ports and power grid to private investors: President
- Daily Mirror · Formal investigation into islandwide power failure
- EconomyNext · Sri Lanka Cabinet nods for PPP bill to boost investments
- Daily Mirror · Apparel exporters push for cost-based power wheeling tariff