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Friday November 13th, 2026
Energy

Sri Lanka 120MW Uma Oya hydro plant to start on Feb 15

The plant has two 60 MW turbines

January 28, 2024 1 min read

Sri Lanka eyes 3,007MW of floating solar power

A 120MW hydro power station on Uma Oya will start producing on February 15

January 27, 2024 1 min read

Sri Lanka's ACE Embilipitiya, ACE Matara power contracts to expire in Feb 24

Uma Oya and the open cycle part of a combined cycle to come on stream in 2024

January 26, 2024 1 min read

Sri Lanka energy minister ready for CEB employees quitting

CEB management to accept resignations of any individual without hesitation and to recover all dues

January 22, 2024 2 min read

Sri Lanka to go ahead with fuel price stabilisation fund: energy minister

“Going forward, the fuel price shall be decided by the fuel price stabilisation fund and not by ministers."

November 26, 2021 2 min read

Fire accidents in Sri Lanka LP gas leak raise safety questions

Human negligence blamed for the explosions

Mahadiya Hamza
November 26, 2021 3 min read

Sri Lanka's CEB engineers on 'work to rule' campaign against New Fortress LNG deal

Protesting against the agreement, the CEB engineers launched their work to rule campaign at 12pm on Thursday.

Chanka Jayasinghe
November 25, 2021 2 min read

Sri Lanka to set up another energy SOE, for natural gas

300 SOE's in Sri Lanka are eating away tax revenue already

Mahadiya Hamza
November 24, 2021 2 min read

Sri Lanka plans to auction M2 oil block with gas well in early 2022

Cairn India in 2011 found the presence of natural gas in the well named Dorado but did not develop it.

November 23, 2021 1 min read

Sri Lanka's CPC debt 4.2-pct of GDP by July 2021, loses Rs61.8bn

Part of losses comes from dollars borrowed after money printing

November 18, 2021 2 min read

Sri Lanka'S CEB losses down in September 2021 amid rains

Group bottom line in the black

November 17, 2021 2 min read

Sri Lanka's price control hit Laugfs Gas loses Rs950mn in September

Price controls have since been lifted

November 16, 2021 1 min read

Sri Lanka closes oil refinery amid money printing, forex shortages

We made this decision to manage limited foreign exchange to import essential foods

November 15, 2021 4 min read

Sri Lanka to allocate Rs 500 mn to facilitate private investment in renewable energy

2,000 megawatts will be added with the support of the private sector by generating electricity from renewable plants.

November 12, 2021 2 min read
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Latest Last
US Dollar 332.5018 332.3603
UK Pound 440.0661 440.9424
Euro 367.7137 368.4879
Yen 2.0793 2.0805
Aus Dollar 226.4670 227.4342
Source: Central Bank/Indicative
Latest Last
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Source: Central Bank/Indicative
pts %
S&P SL20 6,293.72 -1.13%
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Turnover Rs 3232.70 million 2975.05 million
Source: CSE
Latest Last
3-m bill 7.61 7.84
6-m bill 7.91 8.26
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3-yr bond 9.24 9.25
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8-yr bond 10.50 10.48
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
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I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka central bank calls for fuel pricing formula

To improve transparency and the general public’s acceptance of much needed regular price revisions

November 11, 2021 2 min read

Sri Lanka LPG supplies wait for dollars to unload amid money printing

Gas supplies are stuck in the port

Mahadiya Hamza
November 2, 2021 2 min read

Sri Lanka cabinet nod for electricity policy guidelines; 70pct renewable by 2030

Other proposals include a decision to forego the construction of new coal power plants.

November 2, 2021 1 min read

Sri Lanka trade unions to protest controversial energy deal

“CEB engineers will also join, as well as trade unions from ports and the CPC refinery.”

November 1, 2021 3 min read

Sri Lanka's IOC unit reports Rs281mn in profits in Sept 2021

The firm has a dispute with tax authorities close to 2 billion which is under litigation.

October 31, 2021 2 min read

Sri Lanka awards Petrol, Diesel contracts to Vitol Asia (Singapore) Pte Ltd

From January to August 2022

October 26, 2021 1 min read

Sri Lanka to support 'no new coal' at COP26

China has already pledged to stop financing coal plants abroad

October 26, 2021 2 min read

Sri Lanka's CPC says petrol, diesel losses rise as LIOC hikes prices

The loss after direct taxes from diesel is 38.45 rupees to CPC and from petrol 92 it is a 23.19 rupees

Chanka Jayasinghe
October 25, 2021 4 min read

Sri Lanka CPC seeks fuel price hike amid Powell Bubble, currency fall

We will inform the cabinet that we cannot bear this loss anymore

October 12, 2021 3 min read

Sri Lanka rejects Oman land-for- interest request in US$3.6bn oil supplier's credit: Minister

The 3.6 billion US dollar credit line for one year

October 6, 2021 2 min read