Section 8 of the Sri Lanka Electricity Act, No. 20 of 2009 (hereinafter referred to as the “principal enactment”) is hereby repealed and the following section substituted therefor:-
8. Any person may participate in a bidding process for the generation of electricity.”.
Section 43 of the principal enactment is hereby amended as follows:-
(1)
by the repeal of subsection (3) thereof ; and
“participating in a bidding process for the generation of electricity
(2)
in the proviso to subsection (4) thereof-
(a)
by the substitution for the words “any existing generation plant that is being developed:–”, of the words “any existing generation plant that is being developed or to be developed–”; and
(b)
in paragraph (a) thereof by the substitution for the words “to be operated at least cost;”, of the words