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Friday November 13th, 2026
Energy

Sri Lanka's CEB loses Rs34bn in the March 2023 amid finance costs

The operating loss was down to 19.2 billion rupees from 35.1 billion rupees

May 17, 2023 1 min read

Sri Lanka to shut coal plant for 100 days, no power cuts: Minister

There will be no power cuts due to the shutdown, Minister said.

May 15, 2023 1 min read

Sri Lanka electricity generation plunge 15.8-pct up to Feb 2023

Petrol sales for the first quarter was down 25.8 percent to 286,000 MT

May 11, 2023 2 min read

Sri Lanka power minister submits parliamentary motion to oust PUCSL chairman

The minister's report was presented in terms of Clause 7 of the Public Utilities Commission Act.

May 9, 2023 1 min read
Sri Lanka awards 1.5mn barrel petrol contract to Vitol Asia

Long term contract for purchase of 5 shipments of Petrol 92 Unl for the period from 01-12-2024 to 31-05-2025

Sri Lanka new govt backtracks on fuel pricing; continues same formula

Herath last month said fuel price formula was not used in deciding prices

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
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US Dollar 332.3603 330.8514
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Sri Lankan President to visit New Delhi for 'Solar Summit'

ECONOMYNEXT – Sri Lankan President Maithripala Sirisena will visit India in March for an international conference...

February 23, 2018 2 min read

Sri Lanka’s Laugfs Gas back in the red in December quarter

ECONOMYNEXT – Sri Lanka’s Laugfs Gas group slipped back in to the red in the December 2017 quarter with lo...

February 17, 2018 1 min read

India firm says setting up Sri Lanka LNG terminal amid take-or-pay controversy

ECONOMYNEXT - India's Petronet is planning to sign a deal with Sri Lanka to build a floating liquefied natural gas termi...

February 14, 2018 2 min read

Sri Lanka's Chevron Lubricant unit revenues slide, profit down

Profits at Chevron Lubricants Lanka Plc, a unit of Chevron, fell 21 percent from a year earlier to 549 million rupees in...

February 2, 2018 1 min read

Sri Lanka to supply cleaner aviation fuel with new filtration unit

ECONOMYNEXT – Sri Lanka’s Ceylon Petroleum Storage Terminal (CPSTL) has commissioned an aviation fuel filt...

January 25, 2018 1 min read

Sri Lanka in muddle after encouraging kerosene mis-use with subsidy

Steep price cuts of Kerosene (paraffin) by ex-Finance Minister Ravi Karunayake has encouraged adulteration of more expen...

January 22, 2018 2 min read

ADB aid for Sri Lanka power system reliability study

ECONOMYNEXT – The Asian Development Bank is giving Sri Lanka grant aid to hire two consulting firms to study and ...

January 16, 2018 2 min read

Sri Lanka trying to outsource LNG purchases to one company for 20-years: report

Sri Lanka's current administration is attempting to give a deal to purchase up to a million tonnes of liquefied natural ...

January 14, 2018 3 min read

Sri Lanka’s Laugfs Gas says port terminal issues being resolved

ECONOMYNEXT – Sri Lanka’s Laugfs Gas said it was holding talks with the new Chinese operator of Hambantota...

January 11, 2018 1 min read

Sri Lanka’s Laugfs, Sanken get coal yard wind barrier deal

ECONOMYNEXT – Sri Lanka’s Laugfs Engineering (Pvt) Ltd. and Sanken Construction have won a contract to bui...

January 10, 2018 1 min read