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Monday June 3rd, 2024
Energy

Sri Lanka eyes private battery systems to counter renewable power instability

The batteries are planned for 2024-2030 period

May 23, 2024 1 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

May 23, 2024 1 min read

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
Strong winds switch off 467,500 Sri Lanka electricity customers

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

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

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
1

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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Iran President to visit Sr Lanka amid rising tension, inaugurate Uma Oya project

The long delayed project was originally to be completed in 2024

April 15, 2024 2 min read

Sri Lanka Diesel sales at 7-month high in March, Petrol at 3-month high

Data show sales are on rise after economic crisis

April 13, 2024 1 min read

Sri Lanka cabinet approves revised electricity reform bill

The electricity reform bill is linked to a $100mn budget support loan from the Asian Development bank

April 9, 2024 1 min read

Chinese onion becomes cheaper in Sri Lanka than Indian ahead of festivals

Chinese onion price reduced by Rs. 120 per kg to 375, Indian onion price slashed by Rs. 50 to 445

Shihar Aneez
April 9, 2024 3 min read
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Sri Lanka to inaugurate delayed, Iran-assisted 120 MW Umaoya project this month

Iran could not fund the project as promised due to the economic sanctions by the U.S.

April 8, 2024 2 min read

Sri Lanka’s Litro Gas cuts price on rupee appreciation, stock management

“We look at the advanced trends and then order stocks. That and the dollar appreciation has caused prices to fall.”

Apsara Rodrigo
April 1, 2024 1 min read

Sri Lanka fuel price formula allows for max profit margin of 4 percent: Minister

If a full 4 percent profit margin is applied, a price increase was due on auto diesel and 92 petrol: Kanchana Wijesekera

April 1, 2024 1 min read

Sri Lanka cuts super diesel by Rs72, Octane 95 by Rs7

Octane 92 petrol and standard diesel unchanged

March 31, 2024 1 min read

Sri Lanka electricity sector reforms bill to be gazetted

New electricity reforms bill to be gazetted in next two weeks and presented to Parliament during April

March 29, 2024 1 min read

Sinopec to double capacity of new refinery in Sri Lanka's Hambantota

"They intend to sign the agreements for the project and commence work by June 2024,"

March 28, 2024 1 min read