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Friday November 13th, 2026
Energy

Sri Lanka to promote electric vehicles among ministry officials

Exhibition of electric vehicles produced by local designers, to promote electric vehicle use among ministry officials

October 3, 2023 2 min read

Sri Lanka hikes petrol to Rs365, diesel Rs351

Super diesel up by Rs62

October 1, 2023 1 min read

Sri Lanka's CEB seeks interim power tariff hike amid IMF review

CEB wants at least 30 billion rupees in additional revenues

September 29, 2023 3 min read

Sinopec to go up to 200 Sri Lanka pumping stations, more possible: Minister

Sinopec was supposed to enter Sri Lanka in 2003 under

September 27, 2023 1 min read
Sri Lanka expects India’s Adani wind power price to be below 6 US cents

New govt has canceled the earlier power purchase agreement

Sri Lanka Mannar CEB wind farm plant factor above 40-pct

The plant has generated 1421 GWH of energy over the past 4 years

Sri Lanka's Ceylon Electricity Board loses Rs23.1bn up to April

Sri Lanka's Ceylon Electricity Board has lost 23.1 billion rupees in the four month ending April 2019 from 17.5 billion ...

July 7, 2019 1 min read

Sri Lanka's CPC loses Rs21.4bn in 2019 four months; forex losses Rs9.1bn

Sri Lanka's state-run Ceylon Petroleum Corporation lost 21.4 billion rupees in the first four months of 2019, and 9.1 bi...

July 1, 2019 1 min read

Vitol Asia wins Sri Lanka petrol, diesel supply contract

The Singapore unit of energy and commodities trader Vitol has won a long-term contract to supply Sri Lanka’s gove...

June 26, 2019 1 min read

Malaysia's Hyrax eyes Bangladesh, India from Sri Lanka lubricant plant

Malaysia based Hyrax Oil which has commissioned a contract blending for Sri Lanka's state-run Ceylon Petroleum Corporati...

June 25, 2019 2 min read

Panasian Power to raise Rs400mn for solar power from Emerald Sri Lanka fund

Panasian Power Plc, said it plans to raise 400 million rupees from Emerald Fund, which is dedicated to investing in Sri ...

June 18, 2019 1 min read

Sri Lanka mini-hydropower unviable without rate hike, developer warns

ECONOMYNEXT – Developing more mini-hydropower plants in Sri Lanka is becoming increasingly difficult since costs ...

June 17, 2019 2 min read

Sri Lanka gets ADB aid to expand solar power use

ECONOMYNEXT – The Asian Development Bank (ADB) has approved a project under which Sri Lanka will get aid to adopt...

June 14, 2019 2 min read

Sri Lanka's DIMO enters Myanmar, Uganda power sector

Sri Lanka's Diesel & Motor Engineering Plc, which has local power generation and transmission equipment operations, has ...

June 12, 2019 2 min read

ADB to study Sri Lanka as LNG hub, supplying Maldives

ECONOMYNEXT – The Asian Development Bank will fund a study on the feasibility of setting up a liquefied natural g...

June 12, 2019 2 min read

Petrol price in Sri Lanka raised to Rs138 a litre

ECONOMYNEXT - Sri Lanka's government will raise the price of a litre of 92 Octane petrol by three rupees to 138 rupees f...

June 10, 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
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

Electric fences shock Sri Lanka farmers

The number of persons electrocuted in Sri Lanka fell 16 percent to 89 in 2018, with the most incidents reported when far...

June 5, 2019 2 min read

Sri Lanka bonds spike on political uncertainty, rupee steady

Sri Lanka rupee closed steady Monday but bonds spiked on political uncertainty as two Muslim governors resigned as prote...

June 3, 2019 1 min read

Sri Lanka's Fairway waste energy firm gets power purchase deal

ECONOMYNEXT – Sri Lanka’s Fairway Waste Management Pvt Ltd has resumed work on a project to generate power...

June 3, 2019 3 min read

Sri Lanka commissions 3.3MW dendro power plant

Sri Lanka has commissioned a 3.3MW dendro power plant which has been connected to the national grid from May 30, Vidulla...

June 3, 2019 1 min read

Sri Lanka approves more 1MW solar power plants

ECONOMYNEXT – Sri Lanka’s government has given the go-ahead to four private energy companies to build one ...

May 29, 2019 1 min read

Sri Lanka offers two offshore oil blocks for exploration

Sri Lanka has opened an international bidding round to explore and produce oil and natural gas in two blocks in the Mann...

May 28, 2019 2 min read

Sri Lanka buys 400MW of floating emergency power

Sri Lanka's cabinet of ministers had given approval to buy 400 MegaWatts of emergency power for up to nine months to so...

May 22, 2019 1 min read

Sri Lanka Browns to buys into African sugar cane bio-energy firm

Sri Lank's Browns Investment said it has reached a deal to buy control of a bio-fuel producing sugar farm in the African...

May 15, 2019 1 min read

Sri Lanka raises petrol to Rs135 a litre

Sri Lanka's fuel prices will be increased at midnight under the cost-reflective price formula, the Finance Ministry said...

May 11, 2019 1 min read

Oman reaffirms interest in Sri Lanka oil refinery project

ECONOMYNEXT – Oman has reaffirmed its commitment to take part in a joint venture for an oil refinery with a capac...

May 8, 2019 2 min read