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Monday June 3rd, 2024
Energy

Sri Lanka renewables, power lines without tender to be legalized in new law: IESL

Regulator to be watered down

May 31, 2024 5 min read

Sri Lanka needs energy transition law so private sector can come in: President

Enhance institutional capacity, regulatory framework for renewable energy procurement to attract private sector

May 30, 2024 4 min read

Strong winds switch off 467,500 Sri Lanka electricity customers

By May 26 afternoon, power has been restored to about 425,000 customers.

May 26, 2024 1 min read

Sri Lanka power outages from falling trees worsened by unfilled vacancies: CEB union

Despite electricity being declared an essential service, vacancies have not been filled, the union charged

May 25, 2024 2 min read
Sri Lanka has power breakdowns amidst extreme weather

36,900 breakdowns resulting in power interruptions to more than 300,000 consumers in the last three days due to weather

Sri Lanka opposition drops bombshell on Mannar wind power tender

Sustainable Energy Authority blocked low price financial bids from being opened?

May 22, 2024 2 min read

World Bank to conduct energy transition discussion in Sri Lanka

Roundtable on Advancing Energy Transition to focus on attracting investments in renewable energy sector

May 20, 2024 2 min read

Sri Lanka may have to depend on India or nuclear to reach low carbon target: researcher

The cost of reaching a very low carbon emission target may be around 40 billion US dollars

Nethmi Rajawasam
May 19, 2024 3 min read

Sri Lanka's CEB March 2024 profits Rs84bn with capital gain, fx strength

The rupee also appreciated in the March quarter

May 19, 2024 5 min read

Sri Lanka's CEB sells LTL shares to West Coast IPP for Rs26bn

Twenty-eight percent (28-pct) of share ownership

May 18, 2024 2 min read

Sri Lanka fresh water fishermen protest floating solar plant

"We urge the authorities to consider these risks and explore alternative locations"

May 17, 2024 2 min read

Sri Lanka to allow renewable power wheeling

Wheeling allows power from a plant to be carried to a different location by paying a fee to the network operator

May 14, 2024 1 min read

Sri Lanka in discussion with Saudi-based ACWA Power for renewable energy project

Sri Lanka is in discussion for Saudi investments

May 8, 2024 2 min read

Sri Lanka to buy wind power from Adani for 8.26 US cents

Adani will be paid in rupees at the prevailing exchange rates.

May 7, 2024 1 min read

Sri Lanka solar power costs down 20-pct as rupee strengthens

Demand for solar power is coming back as the Return on Investment is now higher

Apsara Rodrigo
May 7, 2024 1 min read
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Sri Lanka's Laugfs makes deeper LPG price cut as rupee gains

The price of a 12.5 kilogram cylinder would be cut to 3,840 rupees from 4,115 rupees by 275 rupees.

May 3, 2024 1 min read

Sri Lanka's Litro cuts LP gas price amid rupee appreciation

The price of a 12.5 kilogram cylinder would be cut to 3,940 rupees from 4,115 rupees by 175 rupees

May 3, 2024 1 min read

Sri Lanka raises profit margin on widely used petrol, diesel in latest revision

Govt could have reduced Octane 92 price by further Rs.7, White diesel by Rs.2 if it had maintained same profit margin

Shihar Aneez
May 1, 2024 2 min read

Sri Lanka changes fuel price formula ahead of polls; allow flexibility on profit margin

Government has reduced the profit margin to 1% from 4% last month to maintain the prices: D V Chanaka

April 27, 2024 2 min read

Shell asked to bring premium fuels to start Sri Lanka retail distribution

Shell has already imported petrol and diesel consignments: State Minister

April 26, 2024 2 min read
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Sri Lanka panel to draw up petroleum regulator law

Committee to study introduction of a new regulatory body for the power sector

April 26, 2024 1 min read

Unions threaten to "defeat" Sri Lanka electricity reforms bill outside parliament

"We say to parliament members, if you have a conscience, do not raise your hand in support of this bill," added Jayalal.

April 25, 2024 2 min read

Sri Lanka expects to finish Adani wind power price talks by May

May be by May we hope to conclude the negotiations

Apsara Rodrigo
April 22, 2024 2 min read

Sri Lanka discussing extra land, water, for Chinese oil refinery

Discussions with China's Sinopec to give extra land, assure water supplies after company decided to expand capacity

Apsara Rodrigo
April 19, 2024 1 min read

Sri Lanka electricity sector reforms gazetted

Public will have two weeks from day of presenting Bill to Parliament to challenge its legality in Supreme Court

April 18, 2024 1 min read
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