SriLanka, March 15 -- Sri Lanka plans to attract more private sector investment to the electricity sector through the recent power sector reform process, Chairman of the newly formed National Transmission Network Service Provider (NTNSP), Nusith Kumaratunga, said.

Chartered Accountant Kumaratunga told Sunday Observer Business on Friday, that unlike earlier years, the Government plans to introduce a more transparent, market-oriented, yet consumer-friendly power purchasing process through competitive bidding to meet the country's growing electricity demand.

He said that, depending on the country's electricity needs, the Government plans to open the sector to private investment without burdening the Treasury by creating more State-owned po...