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Friday November 13th, 2026
Energy

Sri Lanka hikes petrol to Rs361, diesel to Rs341

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August 31, 2023 1 min read

China’s Sinopec starts selling fuel Rs3 below state formula price

Sinopec Energy Lanka (Pvt) Ltd has started selling diesel and petrol 3.00 rupees below price set by CPC.

August 31, 2023 1 min read

CEB senior engineers' union says no scheduled power cuts ahead for Sri Lanka

“At present water levels, even without rain, we have enough water for 80 to 90 days, we can run,” he said.

August 29, 2023 2 min read

Sri Lanka eyes 500 to 1000MW of offshore wind by 2030 in roadmap

By 2040, 1000 to 2000MW could be developed

August 26, 2023 3 min read
Sri Lanka discussing oil refinery in Trinco with India: President

We suggested to India that we build a joint venture oil refinery

Sri Lanka power regulator’s projected Rs 44 bln surplus leads to tariff cut

PUCSL announced 20% price reduction against the CEB's no change in the first half of 2025

Sri Lankan engineers warn against open-ended LNG imports in proposed policy

ECONOMYNEXT – Sri Lankan engineers have warned against open-ended liquefied natural gas (LNG) imports implied in ...

March 28, 2019 2 min read

Adani Global wins Sri Lanka coal supply deal

ECONOMYNEXT – Adani Global Pte. Ltd. has won a Sri Lankan government contract to supply 300,000 metric tonnes of ...

March 27, 2019 1 min read

Sri Lanka imposes power cuts after delaying thermal plant

Sri Lanka has started cutting power after failing to award a contract to build a 300 MegaWatt power plant years amid cor...

March 26, 2019 3 min read

No agreement with Oman Oil and Gas for refinery says Sri Lanka BOI

Sri Lanka's Board of Investment said there was no agreement with Oman's Ministry of Oil and Gas to invest up to 30 perce...

March 21, 2019 2 min read

Transparent, competitive procurement proposed in Sri Lanka natural gas policy

ECONOMYNEXT – A new policy drafted on Sri Lankan plans to introduce natural gas has proposed the government will ...

March 21, 2019 1 min read

Sri Lanka plans 100MW floating solar farm with Canada

Sri Lanka's will build a 100 MegaWatt floating solar power plant on a reservoir as a joint venture between state agencie...

March 20, 2019 1 min read

Construction of US$3.85bn oil refinery to start in Sri Lanka, exports US$7bn

Sri Lanka will begin construction of a 3.85 billion US dollar oil refinery on March 24, which can export up to 7 billion...

March 19, 2019 1 min read

Sri Lanka's state-run CEB loses Rs25bn in 2018

Sri Lanka's state-run Ceylon Electricity Board has lost 25 billion rupees in 2018, including 11.5 billion rupees of fina...

March 16, 2019 2 min read

Sri Lanka approves contracts to build 28 small solar power plants

ECONOMYNEXT – Sri Lanka’s government has approved the award of contracts to investors to build 28 small so...

March 13, 2019 1 min read

Sri Lanka raised fuel prices below formula in March: Fin Min

Sri Lanka has raised fuel prices below a price formula to help people prepare for an upcoming Sinhala and Tamil New Year...

March 13, 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
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pts %
S&P SL20 6,365.57 +0.26%
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Turnover Rs 2975.05 million 1193.67 million
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6-m bill 7.91 8.26
12-m bill 8.23 8.3
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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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Source: Central Bank/Indicative

Sri Lanka petrol hiked to Rs132

Sri Lanka has hiked the price of petrol (92 Octane) by 3 rupees to 132 rupees a litre and auto diesel by 1 rupee to 104 ...

March 12, 2019 1 min read

Sri Lanka examines market pricing furnace oil for industry: official

Sri Lanka will look into the possibility of market pricing furnace oil, which is a key ingredient of the export industry...

March 9, 2019 1 min read

Sri Lanka to get 10mn tonne/yr oil refinery in Hambantota

An oil refinery with a capacity of 10 million tonnes a year is to be built by a Singapore-Oman joint venture in Sri Lank...

March 8, 2019 1 min read

Swiss Singapore Overseas gets another Sri Lanka crude oil deal

ECONOMYNEXT - Swiss Singapore Overseas Enterprises Pte. Ltd., a commodity trader, has won a contract to supply Murban cr...

March 7, 2019 1 min read

China Machinery wins Sri Lanka coal power plant maintenance deal

ECONOMYNEXT – Sri Lanka has awarded China Machinery Engineering Corporation (CMEC) a contract for skilled labour...

February 28, 2019 1 min read

Trafigura wins Sri Lanka coal power plant supply deal

ECONOMYNEXT – Multinational commodity trading company Trafigura Pte. Ltd. has won a contract to supply 360,000 me...

February 27, 2019 1 min read

Sri Lanka's northern Jaffna Peninsula gets two more wind power plants for Rs 4.4bn

ECONOMYNEXT – Two more renewable energy power plants are to be built in Sri Lanka’s northern Jaffna penins...

February 20, 2019 1 min read

Sri Lanka CEB to hold tariffs amid election fever, downgraded to AA+(lka) by Fitch

Sri Lanka's state-run Ceylon Electricity Board has been rated at 'B' after the government's credit was downgraded by Fit...

February 18, 2019 4 min read

Bell Geospace wins Sri Lanka offshore oil airborne gravity survey deal

ECONOMYNEXT – Sri Lanka’s government has awarded U.S. firm Bell Geospace Ltd. a contract to explore for of...

February 14, 2019 1 min read

Sri Lanka hikes fuel prices; petrol Rs 129

Sri Lanka has hiked petrol by 6 rupees to 129 a litre and diesel by 4 rupees to 103 a litre under a monthly pricing form...

February 11, 2019 1 min read