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Friday November 13th, 2026
Energy

Sri Lanka inks deal with Sinopec to distribute fuel

Expected to begin operations within 45 days of licensing

May 22, 2023 1 min read

Sri Lanka electricity use plunges, consumers move to lower categories

Nearly 200,000 users had moved down to the below 30 unit a month category

May 19, 2023 4 min read

Sri Lanka's CEB has proposed reducing tariff by 3-pct: PUCSL chief

Costs estimated for the second half of 2023 had a fallen around 27 percent

May 19, 2023 2 min read

Sri Lanka's CPC to lease emergency response vessel

The contract will run from June 01, 2023

May 17, 2023 1 min read
Adani charged in US over renewable energy bribery amid Sri Lanka troubles

The US SEC alleges bribery scheme during a $750mn bond sale in the US by Adani Green Energy

EXPLAINER: Possible policy implications on Sri Lanka’s energy sector after parliament polls

The NPP has pledged to minimize usage of fuel in electricity generation, reduce tariff

Sri Lanka's CPC losse Rs9.8bn on fuel sales in two months

Sri Lanka's state-run Ceylon Petroleum Corporation has lost 9,886 million rupees in the first two months of 2018, sellin...

April 12, 2018 2 min read

Sri Lanka mulls awarding oil exploration blocks on Swiss Challenge

Sri Lanka is considering awarding at least two shallow water oil exploration blocks off the island's north east coast on...

April 12, 2018 1 min read

Sri Lanka to revive oil exploration, bidding round in May 2018

Sri Lanka will call fresh bids for an offshore oil exploration block off the island's Northwestern coast in May 2018, wh...

April 11, 2018 1 min read

Chevron Sri Lanka unit says competition increasing, margins eroding

ECONOMYNEXT – Chevron Lubricants Lanka has said profit margins were getting squeezed with intensifying competitio...

April 10, 2018 2 min read

Sri Lanka warned against LNG 'take-or-pay' deal; call for competitive bidding

ECONOMYNEXT - Sri Lanka's power engineers warned that a government-to-government deal for a 'free LNG terminal' was a pl...

April 10, 2018 4 min read

No Sri Lanka fuel price formula yet

ECONOMYNEXT – The Sri Lankan government is yet to decide on a retail fuel price formula that changes with fluctua...

April 2, 2018 1 min read

Sri Lanka's Thalpitigala hydropower reservoir funded by People's Bank, China

State-run People's Bank has agreed to provide 26.1 million dollars of counterpart funds for a 174 million dollar reservo...

March 31, 2018 1 min read

Sri Lanka extends Ace Power supply contract

ECONOMYNEXT – The Sri Lankan government has decided to extend a private power purchase agreement with Ace Power t...

March 29, 2018 1 min read

Sri Lanka to call for offshore oil exploration bids in May

ECONOMYNEXT – Sri Lanka will call for fresh bids for offshore oil and gas exploration in May, Minister of Petrole...

March 26, 2018 1 min read

Sri Lanka's CPC losses to increase after IOC price hike

Sri Lanka unit of Indian Oil Corporation has raised fuel prices though state-run Ceylon Petroleum Corporation is yet to ...

March 26, 2018 2 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
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US Dollar 332.3603 330.8514
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Sri Lanka to crackdown on kerosene sales for transport, factories

ECONOMYNEXT – Sri Lankan authorities will cancel the licences fuel retail outlet owners illegally selling subsidi...

March 22, 2018 2 min read

Sri Lanka to start 20MW Jaffna wind power project after delays

ECONOMYNEXT - Sri Lanka's Ceylex Engineering, a unit of LTL Holdings, says it will complete work on two 10MW wind power ...

March 15, 2018 1 min read

Sri Lanka’s Laugfs group mulls renewable energy plants overseas

ECONOMYNEXT – Sri Lanka’s Laugfs Gas group is considering setting up renewable energy plants in overseas l...

March 13, 2018 1 min read

US$100mn Indian soft loan for Sri Lankan solar power projects

ECONOMYNEXT – India has announced it will give Sri Lankan US$ 100 million concessional financing for solar power ...

March 13, 2018 1 min read

Hayleys, Aggreko win Sri Lanka emergency power supply deal

ECONOMYNEXT - Aggreko International Projects Limited and a unit of Sri Lanka's Hayleys group have won a tender to supply...

March 9, 2018 1 min read

Aberdeen unit wins Sri Lanka solar power plant deal

ECONOMYNEXT – Sri Lanka’s Expack Corrugated Cartons (Pvt) Ltd, a subsidiary of Aberdeen Group, has won a t...

March 7, 2018 1 min read

Sri Lanka’s Laugfs Gas revamp to lure strategic partners, foreign funds

ECONOMYNEXT –A planned restructuring of Sri Lanka’s Laugfs Gas group, bringing core liquid petroleum gas a...

Rohan Gunasekera
March 7, 2018 3 min read

Sri Lanka to license electricians, tighten controls on new connections

Sri Lanka's power regulator is proposing tighter regulations and licensing of electricians and controls and additional p...

March 5, 2018 2 min read

China wins Rs5.7bn Sri Lanka power line deal

Sri Lanka has awarded a 5.7 billion rupee contract to build a high tension transmission line to China National Cable Eng...

March 2, 2018 1 min read

Sri Lanka approves Petronet, Japanese LNG terminal deal

ECONOMYNEXT – Sri Lanka’s Cabinet of ministers this week approved plans for a deal with India’s Pet...

February 28, 2018 1 min read