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Friday November 13th, 2026
Energy

Sri Lanka cuts fuel prices from near 2022 crisis amid easing global oil prices

Prices have risen around 50% in three months since Middle Eastern crisis started

June 30, 2026 3 min read

Sri Lanka unable to reduce fuel prices due to term tenders: Minister

Global oil prices have fallen to around the pre-conflict level

June 26, 2026 2 min read

Sri Lanka plans time-of-use electricity tariffs, smart meters: Deputy Minister

Country's night peak has increased compared to the day peak, which presents an economic challenge

June 26, 2026 2 min read

Sri Lanka urges weekend solar shutdown; will mandate remote-disconnect modems

NSO plans to install modems so it can remotely switch off feeders in future, deputy minister says

June 26, 2026 2 min read
Sri Lanka’s Resus Energy bids for 16MW battery storage projects

Two of its subsidiaries have submitted bids within the qualifying price range to set up 16 MW or 64 MW

Sri Lanka is trying to keep diesel prices steady at next revision: Energy Minister 

Govt has already provided Rs.57 bn worth fuel subsidy from April-June.

LAUGFS Gas moves to normalize LPG supply

"Cargo shipments under the new supply arrangement have been secured, and distribution normalization is underway

February 20, 2026 1 min read

Sri Lanka’s Vidullanka secures battery storage project in Vavunathivu

Project financing is expected to follow an 80:20 Debt-to-Equity structure, totalling 1.73 billion rupees

February 17, 2026 1 min read

Sri Lanka's Windforce secures 120MW battery storage projects

Investment value for the 12 projects amounts to Rs20.79bn and project financing to follow 80:20 Debt-to-Equity

February 16, 2026 1 min read

Sri Lanka's Commercial Bank, GAIA Greenenergy partner to offer green loans and leases

Customers can use the Bank’s Green Loans and Green Leases to finance the purchase and installation of solar panels

February 6, 2026 1 min read

Sri Lanka cabinet approves new renewable energy plan

Includes identification and prioritization of suitable lands, renewable energy map and renewable energy park development

February 3, 2026 1 min read

Sri Lanka to buy 5 shipments of 92-octane petrol from Singapore's Epdesa

contract for the procurement of 05 ships of Petrol 92 Unl during the period from 2026-03-15 to 2026-09-14

February 3, 2026 1 min read

Sri Lanka's CPC cuts diesel, petrol price by Rs.2 amid falling global prices

Keeps the prices of other fuels including kerosine steady

February 1, 2026 1 min read

Sri Lanka promised battery tariff not given, renewable energy wasted: solar firms

Though several reminders have been sent guidelines or the PPA has not been given

January 24, 2026 2 min read

Sri Lanka solar firms say expanding 'Sunny Sunday' curtailment has hit debt service

Firms on competitive bidding sells unit around Rs15 to Rs18 and FIT around Rs25

January 22, 2026 4 min read

Sri Lanka CEB un-bundling to cost Rs10.6bn from lost economies of scale

The benefit came from economies of scale and shared operational efficiencies of the consolidated structure

January 12, 2026 1 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 332.3603 330.8514
UK Pound 440.9424 438.3450
Euro 368.4879 371.0168
Yen 2.0805 2.0916
Aus Dollar 227.4342 231.1659
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.5474 3.4202
Korean Won 0.2492 0.2479
Oman Rial 863.2287 859.3320
Saudi Riyal 88.5586 88.0955
UAE Dirham 90.4874 90.0766
Source: Central Bank/Indicative
pts %
S&P SL20 6,365.57 +0.26%
CSE All Share 22,157.40 +0.56%
Turnover Rs 2975.05 million 1193.67 million
Source: CSE
Latest Last
3-m bill 7.61 7.84
6-m bill 7.91 8.26
12-m bill 8.23 8.3
3-yr bond 9.24 9.25
5-yr bond 9.82 9.56
8-yr bond 10.50 10.48
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
Gilt Repo 7.74 7.72
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka electricity price hike request on a depreciated rupee as oil, coal prices fall

Renewable energy investors also cannot work with the uncertainty of the flexible exchange rate

January 12, 2026 5 min read

Sri Lanka wants to bring generation costs below Rs25 rupees: Power Minister

As a general policy we want to buy all electricity units on a competitive basis and bring down costs

January 7, 2026 2 min read

Sri Lanka awards Murban crude deal to Singapore-based Vitol Asia

Vitol will supply for four months from April 15, 2025

January 6, 2026 1 min read

Sri Lanka hikes diesel, premium fuel from January 2026

Octane 92 petrol unchanged at 392 rupees

January 6, 2026 1 min read

Sri Lanka power utility seeks electricity tariff hike of 11.57-pct

A deficit of LKR 13,094 million has been estimated for the period from January to March 2026 requiring a tariff increase

January 2, 2026 2 min read

Sri Lanka awards Litro cylinder contract to Thailand-based SMPC

The procurement will see additional four types of Litro cylinders coming to market up to 2027

December 23, 2025 1 min read

Sri Lanka’s WindForce commissions 432.2kWp solar project in Maldives

Windforce will provide engineering design, procurement, and commissioning at a project cost of 321,000 US dollars.

December 19, 2025 1 min read

Sri Lanka will get first Geogas LPG ship on Jan 05 : Minister

Geogas sources gas from the US

December 19, 2025 1 min read

Sri Lanka awards 50MW wind plants to Vidullanka, Windforce

After international competitive tender

December 11, 2025 1 min read

Sri Lanka borrows US$30mn from World Bank for renewable energy

Borrowings for grid strengthening

December 10, 2025 2 min read
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