End of an Era: CEB Dissolved as Six New Power Entities Begin Operations

The Ceylon Electricity Board (CEB) was formally dissolved at midnight on March 8th, replaced by six new successor companies. This restructuring aims to modernize the power sector and eventually lower energy costs for the manufacturing and warehousing industries.

For the cold-chain and temperature-controlled warehousing sector, this reform is a “silent fuel.” Lower electricity tariffs would significantly reduce overhead for large-scale refrigerated facilities, making Sri Lanka a more competitive 3-PL hub for perishables and pharmaceuticals