An Echelon Media Company
Saturday June 15th, 2024
Energy

Sri Lanka's Sling solar-powered EV battery project wins US award

USAID-funded EV battery subscription service wins award at Society for International Development conference

June 14, 2024 2 min read

Sri Lanka discusses legal framework, EOI for nuclear energy: Minister

Discussed the progress of the proposed legal framework on nuclear energy integration, and EOI for nuclear energy

June 13, 2024 1 min read

Singapore-based Aditya Birla awarded Sri Lanka CPC’s 1.5 mln barrel 92 Unl petrol supply

The firm was chosen from bids called to supply five shipments in six months

June 12, 2024 1 min read

Vidullanka, WindForce joint venture signs purchase agreement with solar plant

Power purchase agreement for the development of a 10 megawatt Vavunathivu II solar power project in Batticaloa

June 12, 2024 1 min read
Tea
Sri Lanka environmentalists, Bishop file FR petition over Indian Adani's Mannar wind power deal   

Already Mannar project is challenged in the Supreme Court by Sri Lanka's Wildlife and Nature Protection Society

Tea
Sri Lanka's CEB submits electricity price revision to PUCSL

Proposal for reductions on energy charges for domestic, religious, general purpose and government sectors

Sri Lanka's Vidullanka, SEL Tech to develop 4.9mw solar power plant in Hambantota

SEL Tech International (Pvt) Limited to jointly develop 4.9 MW Beliatha solar power

June 10, 2024 1 min read

Sri Lanka Chamber commends Electricity Law, cautions on regulator autonomy

Expected to enhance efficiency, promote competition, and attract much-needed investment into the electricity sector

June 7, 2024 3 min read

Sri Lanka legislators slam 49 renewables plants without tender, Adani deal

Mannar competitive tender halted

June 7, 2024 5 min read

Sri Lanka parliament passes new electricity law

103 votes in favour

June 6, 2024 1 min read

Minister calls out opposition hypocrisy on Sri Lanka electricity reforms

The minister also said the new electricity reform bill will result in the disappearance of utilities unions.

June 6, 2024 3 min read

Sri Lanka's CEB eyes sharply lower tariffs for smaller domestic users: Minister

Wickremesinghe government has raised electricity prices by more than 100% in line with commitments made to IMF

June 6, 2024 2 min read

TISL raises concerns over Adani’s Sri Lanka power deal; demands transparency

Adani Group says all due process followed

June 5, 2024 3 min read

Sri Lanka's Litro gas reduces prices

12.5 kg cylinder reduced by 150 rupees

June 4, 2024 1 min read

Sri Lanka electricity tariff revision proposal to regulator this week: Minister

The July tariff proposal will be submitted to the PUCSL this week

June 4, 2024 1 min read

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
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 305.1018 305.3339
UK Pound 386.9523 387.2371
Euro 330.8712 332.1141
Aus Dollar 201.0018 201.4980
Yen 2.0266 2.0278
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.6453 3.5932
Korea Won 0.2342 0.2292
Oman Rial 780.3569 769.4973
Saudi Riyal 80.1114 78.9849
UAE Dirham 81.7952 80.6569
Source: Central Bank/Indicative
pts %
S&P SL20 2,573.80 1.00%
CSE All Share 9,073.41 0.65%
Turnover Rs million 1,591,766,524.95 1,029,335,694.32
Source: CSE
Latest Last
3-m bill 21.72 21.79
6-m bill 19.55 20.31
12-m bill 17.72 19.28
5-yr bond 21.00 22.53
8-yr bond 19.42 20.55
Source: Central Bank/Indicative
today yesterday
Overnight Money 13.93 14.00
Gilt Repo 13.50 14.00
I-m SLIBOR - -
Source: Central Bank/Indicative

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 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

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
1 2 3 80