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Friday November 13th, 2026
Energy

Sri Lanka CEB senior engineers blame proposed tariff hikes on unions

Pathirage said, however, that hydropower generation costs will likely reduce as the rains continue.

October 17, 2023 3 min read

Sri Lanka regulator requests new electricity tariff plan from CEB

Based on lower demand forecast and higher hydro use

October 16, 2023 1 min read

Sri Lanka minister meets UK official to talk renewable power

Minister met with UK official to the region to discuss country’s renewable energy plans and reforms.

October 14, 2023 2 min read

Fitch upgrades Ceylon Electricity Board to BB+(lka) after Sri Lanka rupee rating lift

State support to continue, despite weak finances

October 10, 2023 7 min read

Oil prices rocket on slashed Saudi output

Brent crude surged by 20 percent Monday -- the biggest gain since the 1991 Gulf War -- after weekend drone attacks on tw...

September 16, 2019 3 min read

Sri Lanka cuts petrol to Rs136 a litre, diesel unchanged

Sri Lanka will cut the price of 92 octane petrol by 2 rupees to 136 rupees a litre but keep the cheaper diesel fuel unch...

September 10, 2019 1 min read

German wind power left spinning by angry residents, subsidy cut

Wind power is a key pillar in Germany's ambitious renewables transition plan, but the sector has struck strong resistanc...

September 5, 2019 3 min read
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Sri Lanka gets bids from UK, UAE, South East Asia to develop gas field

Sri Lanka has received bids from a consortium of 'medium sized' oil companies in the UK, United Arab Emirates and South ...

August 27, 2019 2 min read

Sri Lanka to award deal for offshore gas production before end-2019

Sri Lanka's Petroleum Resource Development Secretariat (PRDS) is currently evaluating bids for exploring and production ...

Tania Madies
August 27, 2019 3 min read

Sri Lanka to sign deal for offshore oil joint study with Norway's Equinor

The Sri Lankan government will sign an agreement on August 27 with Norwegian energy firm Equinor to survey the offshore ...

Tania Madies
August 26, 2019 2 min read

China firm wins tender to build Sri Lanka hydropower dam

Chinese firm Gezhouba Group Co. Ltd has won a tender to build the main civil works, which includes a dam, of the Moragol...

August 16, 2019 2 min read

Sri Lanka raises petrol to Rs138 a litre, diesel unchanged

SrI Lanka has raised the price of petrol by 2 rupees to 138 rupees a litre but keeping the more expensive diesel fuel un...

August 13, 2019 1 min read

Sri Lanka's Laugfs Gas pin hopes on new formula to end LPG price controls

Sri Lanka's Laugfs Gas Plc is expecting a new price formula to end price controls that has left the sector is large loss...

August 6, 2019 2 min read

Sri Lanka's LVL Energy Fund hit by soft-peg collapse

Colombo-listed LVL Energy Fund Plc said it had to allocate more money to finance a foreign project after Sri Lanka's sof...

August 4, 2019 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
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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
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I-m SLIBOR - -
Source: Central Bank/Indicative

Doors opened for Sri Lanka renewable energy firms to move into Africa

A path breaking iniatiative for Sri Lanka-based renewable energy firms to move into Africa has been laid in Addis Ababa ...

August 2, 2019 1 min read

Japan's SBI invests US2mn in Sri Lanka's Sunshine energy

SBI Ven Holdings (Pte) Ltd, a unit of SBI Holdings Inc or Japan has invested 2 million US dollars in Sri Lanka's Sunshin...

July 29, 2019 1 min read

Lanka IOC back in losses in June quarter

Lanka IOC a unit of Indian Oil Corporation reported a loss of 239.18 million rupees for the June 2019 quarter, reversing...

July 26, 2019 1 min read

National trust Sri Lanka lecture on solar electricity

Solar power costs have been sharply coming down, though its still under-utilized according to a top academic who is deli...

July 23, 2019 2 min read

Sri Lanka to promote daylight maximizing low income house design

Sri Lanka's power regulator has teamed up with a university to promote the design of houses for low income families whic...

July 16, 2019 2 min read

TBEA Shenyang Transformer of China wins US$5.1mn Sri Lanka deal

Sri Lanka has awarded a 5.1 million US dollars of contracts to TBEA Shenyang Transformer Group Company Ltd, to supply eq...

July 16, 2019 1 min read

Sri Lanka petrol price cut to Rs136 a litre

ECONOMYNEXT - Sri Lanka's government will cut fuel prices from midnight Wednesday with the price of litre of 92 Octane ...

July 10, 2019 1 min read

Sri Lanka's Laugfs Gas March losses widen from finance costs, forex losses

Sri Lanka's Laugfs Gas Plc, which has interests in cooking gas, said net losses widened 379 percent to 473.4 million rup...

July 9, 2019 2 min read

Sri Lanka's CEB getting fuel; power cuts stopped for now: report

Sri Lanka's state-run Ceylon Electricity Board has stopped power cuts after Ceylon Petroleum Corporation resumed fuel su...

July 9, 2019 2 min read

Sri Lanka to sell aviation fuel at Chennai prices to boost tourism

Sri Lanka's state-run Ceylon Petroleum Corporation will be asked to sell aviation fuel at prices equal to prices in a bi...

July 8, 2019 1 min read