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Friday November 13th, 2026
Energy

India's Petronet proposes LNG for Sri Lanka power plants

600+ MW of LNG power plants available will be pursued

June 22, 2023 1 min read

Sri Lanka IOC-CPC joint venture to develop 9 tanks

Ground clearing begun around 3 tanks

June 20, 2023 1 min read

Sri Lanka-India grid connectivity to be realised by 2030: power minister

Sri Lanka’s government has priortised regional energy integration, the minister said.

June 6, 2023 2 min read

Sri Lanka's Litro cooking gas price cut by Rs452

The price revision will be done inline with the newly introduced pricing formula based on global prices

June 4, 2023 1 min read
Sri Lanka cuts Octane 92 price by Rs.2, raises diesel by Rs.3, Kerosine by Rs.5

CPC maintained prices of Octane 95, Super Diesel unchanged

Sri Lanka to call bids for two 500MW offshore wind farms

The Mannar site is substantially superior in energy yield compared to Puttalam

Sri Lanka power engineers warn of cascading failures

Engineers at Sri Lanka's state-run power utility, are warning that they may ramp up trade union action, which may lead t...

May 28, 2018 2 min read

Sri Lanka state oil refiner recovering dues from airline, power utility

ECONOMYNEXT - The Ceylon Petroleum Corporation (CPC), Sri Lanka’s state-run refiner, has begun recovering money o...

May 21, 2018 1 min read

Sri Lanka's Laugfs LPG distributor calls for price formula

Sri Lanka's Laugfs Gas called for a fair and transparent pricing mechanism for liquefied petroleum gas, after a sufferin...

May 17, 2018 2 min read

Sri Lanka's CEB commissions new system controls centre

Sri Lanka's President Maithriplala Sirisensa officially commissioned state-run Ceylon Electricity Board's a new system c...

May 17, 2018 1 min read

Sri Lanka kerosene subsidy to outboard motor boats, 47,000 off-grid houses

A subsidy for kerosene will only be paid to houses without electricity and owners of fishing boats with outboard motors,...

May 15, 2018 1 min read

Power fails in Sri Lanka's capital as CEB work-to-rule begins to bite

Sri Lanka's administrative capital of Sri Jayewardenepura was gripped by an extended power failure Tuesday morning amid ...

May 15, 2018 1 min read

Sri Lanka's richest 10-pct consume 31-pct of fuel

Sri Lanka's richest 10 percent of households consumes 31 percent of the fuel used in the country, based on the latest ho...

May 12, 2018 2 min read

Sri Lanka furnace oil prices unchanged

ECONOMYNEXT - Sri Lanka’s state-owned refinery, Ceylon Petroleum Corporation, has not raised the price of furnace...

May 11, 2018 1 min read

Sri Lanka to re-price fuel every two months on formula

Sri Lanka will re-price fuel every two months with a formula using Platts Singapore benchmark prices, but the prices are...

May 10, 2018 2 min read

Sri Lanka to raise fuel prices from today, petrol Rs137

Sri Lanka is raising petrol (92 Octane) to 137 rupees a litre and auto diesel to 119 a litre, Cabinet Spokesman Rajitha ...

May 10, 2018 2 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

Sri Lanka approves plans for three LNG power plants

ECONOMYNEXT – The Sri Lankan government has approved plans to set up three liquefied natural gas (LNG) power plan...

May 10, 2018 1 min read

Sri Lanka cabinet approves formula pricing of fuel

ECONOMYNEXT - Sri Lanka's cabinet has approved pricing fuel by formula, Science and Technology Minister Sarath Amunugama...

May 10, 2018 1 min read

Sri Lanka state refiner mulls investments amid energy policy changes

ECONOMYNEXT - The Ceylon Petroleum Corporation (CPC), Sri Lanka’s state-run refiner, says more clarity on governm...

May 9, 2018 3 min read

Sri Lanka IOC unit losses fall in March 2018 quarter

Losses at Indian Oil Corporation's Sri Lanka unit, Lanka IOC Plc, contracted 84 percent from a year earlier to 103.4 mil...

May 9, 2018 2 min read

Sri Lanka's CEB engineers to work-to-rule from May 08

Engineers at state-run Ceylon Electricity Board has said they will go ahead with a work-to-rule campaign which may lead ...

May 6, 2018 2 min read

Sri Lanka to bring coal power back, optimal mix required: Central Bank

Sri Lanka's power ministry has proposed to bring back coal plants to the energy mix in a bid to lower long term generati...

May 2, 2018 3 min read

Sri Lanka's Chevron Lubricants revenue, profits slide continues to 2018

Sri Lanka's Chevron Lubricants profits fell 15 percent to 697 million rupees in the March 2018 quarter from a year earli...

April 30, 2018 1 min read

Sri Lanka 300MW diesel IPP delayed after appeals: report

The award of a contract to build a 300MegaWatt dual fuel power plant on a 20-year power purchase agreement to Sri Lanka-...

April 30, 2018 1 min read

Sri Lanka's CEB short term debt soar to Rs138bn in 2017

Sri Lanka's state-run Ceylon Electricity Board's short term debt has soared 50 percent to 138 billion rupees, as the uti...

April 30, 2018 1 min read

ABB India wins Rs1.4bn Sri Lanka power substation deal

ABB India Limited has a won 1.434.11 million rupee deal to improve and build a grid substation for Sri Lanka's state-run...

April 29, 2018 1 min read