Sri Lankas public utilities need regulating, the regulatory body is manned, trained and ready to go but has nothing to regulate.
The Public Utilities Commission of Sri Lanka (PUCSL), the countrys multi sector regulator, is up and about for almost one year now but cannot do its job.
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rnThe lack of political will to implement reforms in electricity, water and petroleum, is making the public watchdog redundant before it started work.rn
rnldblquote For the PUC to regulate electricity, the relevant parts of the 2002 Electricity Reforms Act have to be gazetted, dblquote said Professor Rohan Samarajiva from the University of Moratuwa speaking at a conference on Regulatory Impact Assessment.rn
rnThe Electricity Reforms Act was a result of a steering committee under the 2000-2001 Peoples Alliance government.rn
rnThe UNF government that took over, made only the change of substituting PUCSL instead of the Electricity Regulatory Commission, providing for multi sector regulation instead of sector specific