Will ensure competitive procedures in all its business operations.

The Ceylon Electricity Board (CEB) announces that it will ensure competitive procedures in all its business operations.

In a statement CEB said the new management has not made any decisions against the competitive procurement of diesel for electricity generation.

CEB said it  does not consider diesel an economically viable option for electricity generation, especially in light of Sri Lanka’s emission targets for transitioning to cleaner energy.

It added any use of diesel for electricity generation will be minimal and of short duration. From January 1 to September 30, 2024, only 1.1% of electricity was generated using diesel.