Insider information tells us that the state-owned monopolistic enterprise, the CEB, will be broken into 10 to 12 companies, and shares will be sold to foreign investors (strategic business partners). 
Some companies will remain fully government-owned, yet they will be operated as private limited companies (Pvt. Ltd.). Let's see which country will dominate the power sector in Sri Lanka when an international dispute arises. Folks, do you remember what Russia did to us when Sirisena banned asbestos imports? Ah yes, they found a pest in Ceylon tea and proceeded to ban it altogether.
So, when future Sri Lanka gets into an impossible situation between India, China, and the West, our sons and daughters, or our grandsons and granddaughters, will get to observe it in the dark.
Also, selling state-owned enterprises to foreign investors helps bring prices down. That is a fact. Just as selling off fuel distribution to Sinopec brought oil prices down, it's assumed that selling off the CEB will surely bring electricity prices down. LMAO.
I wonder what sections of the CEB they will keep 100% state owned, lol.

Some companies will remain fully government-owned, yet they will be operated as private limited companies (Pvt. Ltd.). Let's see which country will dominate the power sector in Sri Lanka when an international dispute arises. Folks, do you remember what Russia did to us when Sirisena banned asbestos imports? Ah yes, they found a pest in Ceylon tea and proceeded to ban it altogether.
So, when future Sri Lanka gets into an impossible situation between India, China, and the West, our sons and daughters, or our grandsons and granddaughters, will get to observe it in the dark.
Also, selling state-owned enterprises to foreign investors helps bring prices down. That is a fact. Just as selling off fuel distribution to Sinopec brought oil prices down, it's assumed that selling off the CEB will surely bring electricity prices down. LMAO.
I wonder what sections of the CEB they will keep 100% state owned, lol.

