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Friday November 13th, 2026
Energy

Sri Lanka's CPC to implement daily automated price revising system from next year

CPC dealers were briefed on the implementation of a daily automated price revising system from 2024

September 13, 2023 2 min read

Sri Lanka’s CPC to purchase four shipments of 92 octane petrol from Vitol Asia

CPC to purchase 92 octane unleaded petrol from Vitol for four months

September 13, 2023 1 min read

Sri Lanka to sign treaty on prohibition of nuclear weapons

Cabinet grants approval for signing of the treaty on prohibition of nuclear weapons.

September 12, 2023 1 min read

JICA grant to pay for Sri Lanka power reform chief

Japan will bear the cost of an expert to drive Sri Lanka's power sector reforms, the country's aid agency said.

September 11, 2023 1 min read
China's Sinopec asks 200 more acres for Sri Lanka refinery

Sri Lanka to resolve outstanding issues within a month

Sri Lanka to continue Trincomalee oil tank project with India after amendments

Current ruling party strongly opposed Trincomalee oil tank farm JV with India

Sri Lanka's Ceylex Engineering wins Rs2.7bn transmission line deal

Sri Lanka's Ceylex Engineering, a privately owned power engineering firm has won a 2,708 million rupee deal to build tra...

April 19, 2019 1 min read

China's Qindao Huijintong wins Rs6.7bn Sri Lanka power grid deal

China's Qingdao Huijington Power Equipment Company Ltd has won a deal to build a 33KiloWatt transmission line for Sri La...

April 15, 2019 1 min read

Ravi to be Sri Lanka's solar Parakramabahu

Sri Lanka will expedite licenses for solar farms so that no light that falls on the island is wasted, Power Minister Rav...

April 14, 2019 3 min read

Sri Lanka holds fuel prices ahead of traditional new year

Sri Lanka has kept fuel prices stable, halting a pricing formula for the Sinhala and Tamil New Year season, Finance Mini...

April 10, 2019 1 min read

Sri Lanka Cabinet approves buying 100MW of emergency power

ECONOMYNEXT – Sri Lanka’s Cabinet of Ministers this week approved plans for the state power utility to buy...

April 10, 2019 1 min read

Audit reveals Sri Lanka CEB accounting misdeeds, project delays

ECONOMYNEXT – An audit of a foreign-funded project to improve power supply for remote islands off Sri Lanka�...

April 10, 2019 3 min read

Sri Lanka decision for two 300MW IPPs in one tender was bi-partisan: Ravi

A decision to award a 300 megawatt (MW) power plant to the first and second bidder in a single tender for an independent...

April 9, 2019 2 min read

Sri Lanka gets ADB help to tender for own LNG terminal

ECONOMYNEXT - Sri Lanka's state-run Ceylon Electricity Board has received Asian Development Bank funding to tap internat...

April 8, 2019 5 min read

Sri Lanka in talks for 500MW of floating power plants

Sri Lanka's power ministry is in talks for around 500 MegaWatts of floating power plants to cover capacity shortfalls, P...

April 5, 2019 2 min read

Sri Lanka expects to connect 170MW plants to end blackouts

Sri Lanka's state-run Ceylon Electricity Board expects to re-connect two expired plants and go ahead with an emergency p...

April 4, 2019 2 min read
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US Dollar 332.3603 330.8514
UK Pound 440.9424 438.3450
Euro 368.4879 371.0168
Yen 2.0805 2.0916
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Source: Central Bank/Indicative
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pts %
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Turnover Rs 2975.05 million 1193.67 million
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6-m bill 7.91 8.26
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8-yr bond 10.50 10.48
Source: Central Bank/Indicative
today yesterday
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Source: Central Bank/Indicative

Power crisis has readied Sri Lanka for costly emergency; unsolicited plants, mafias win, say CEB Eng...

Sri Lanka's power crisis with daily blackouts has been brought to a stage where the public no longer cares at what price...

April 3, 2019 10 min read

Sri Lanka lube market stagnant in 2018 on soft-peg collapse, hydro power

Sri Lanka's lubricant market has fallen 0.3 percent in 2018 amid Central Bank trade controls to protect a soft-pegged ru...

April 3, 2019 2 min read

Sri Lanka's CEB needs Rs40bn bailout amid Rs89bn projected loss: Minister

Sri Lanka's state-run Ceylon Electricity Board needs a 40 billion rupee bailout from tax-payers now for fuel bought on c...

April 3, 2019 5 min read

Sri Lanka plans to pay Rs45 a unit to generator owners

Sri Lanka is prepared to pay 45 rupees per kilowatt to owners of generators who can synchronise their plants with the el...

April 2, 2019 1 min read

Chevron calls for Sri Lanka lube regulator with powers to limit competition

Sri Lanka's listed Chevron Lubricants Lanka Plc is calling for enforceable regulations to keep unlicensed players out of...

April 2, 2019 3 min read

Sri Lanka PM, President behind LNG 'hedging style' deals: legislator

Parties promoted by Sri Lanka's Prime Minister Ranil Wickremesinghe and President Maithripala Sirisena are behind two co...

April 1, 2019 2 min read

Sri Lanka on track to connect 377MW of solar power by 2020

Sri Lanka has so far built 177 MegaWatts of rooftop solar and a further 300MW of larger plants are under development or ...

April 1, 2019 2 min read

Natural gas fund proposed for Sri Lankan hydrocarbon deposit earnings

ECONOMYNEXT – Sri Lanka should set up a natural gas fund to manage the revenue expected from offshore hydrocarbon...

March 29, 2019 1 min read

Sri Lanka urges energy saving as blackouts pinch

Sri Lankans endured a third straight day of blackouts Wednesday, with families sleeping outdoors to escape the heat and ...

March 29, 2019 2 min read

Sri Lanka seeks divine help to end power crisis

Sri Lanka's state energy provider sought divine intervention Thursday to break a crippling power shortage, dispatching e...

March 28, 2019 2 min read