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Friday November 13th, 2026
Energy

Sri Lanka records highest energy demand in recent times: power minister

Sri Lanka is currently going through a debilitating heat wave.

April 20, 2023 1 min read

Sri Lanka new electricity law to reform power sector by May

A financial and human resource audit is planned

April 19, 2023 1 min read

Ambedkar: (A)-Political Buddhism and state socialism

Despite intense political concern with Buddhism and socialism, Ambedkar strangely relegates them to separate spheres.

April 12, 2023 39 min read

China firm to install smart meters for 50,000 Sri Lanka electricity consumers

The meters will be installed in the Dehiwala area

April 9, 2023 1 min read
Sri Lanka's WindForce commissions 366kWp solar project in Maldives

Agreement for the engineering design, procurement, and commissioning (EPC) of a 366 kWp rooftop solar PV power project

India financing 35MW rooftop solar systems to Sri Lanka multi-religious sites

The project will at 35MW of solar to Sri Lanka

CMEC to build 400 MW LNG power plant, terminal in Sri Lanka

ECONOMYNEXT – China Machinery Engineering Corporation is to build a 400MW natural gas power plant in Sri Lankaâ�...

December 6, 2017 1 min read

Sri Lanka tests 25MW Moragahakanda hydropower plant

Sri Lanka has begun test runs on a 25 MegaWatt hydropower plant in Moragahakanda after heavy rains filled a newly built ...

December 3, 2017 1 min read

Sri Lanka to build extra tanks after petrol fiasco

ECONOMYNEXT - Sri Lanka's state-run petroleum distributor has awarded a deal to Indo East Engineering Construction (Lank...

November 23, 2017 1 min read

Pay hike for workers at Sri Lanka’s loss-making state fuel retailer

ECONOMYNEXT – Minister of Petroleum Resources Development Arjuna Ranatunga has given a pay hike to workers in Sri...

November 23, 2017 2 min read

Sri Lanka rupee depreciation hits petroleum retailer

ECONOMYNEXT - Depreciation of Sri Lanka's rupee in 2017, generated an exchange loss of Rs7.0 billion at state-run Ceylon...

November 22, 2017 2 min read

Sri Lanka to test fuel before shipment, build more storage tanks

ECONOMYNEXT – Sri Lanka will test fuel before it is imported and build more storage tanks to expand capacity and ...

November 20, 2017 2 min read

Sri Lanka’s regulator mulls ‘alternative structure’ to expand power generation

ECONOMYNEXT – Sri Lanka’s energy regulator has said it will look at an ‘alternative structure�...

November 20, 2017 1 min read

No fuel shortage, Sri Lanka’s petroleum ministry says

ECONOMYNEXT – Sri Lanka’s Petroleum Resources Ministry said the state-owned refiner and petroleum retailer...

November 20, 2017 1 min read

Sri Lanka’s Laugfs Gas returns to profit in Sept quarter

ECONOMYNEXT – Sri Lanka’s Laugfs Gas group returned to profit in the September 2017 quarter with net earni...

November 16, 2017 2 min read

Petroleum sales to Sri Lanka’s power sector up 40-pct in first 8 months

ECONOMYNEXT – Sri Lanka’s domestic petroleum sales increased sharply in the first eight months of 2017 mai...

November 9, 2017 1 min read
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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

India's Modi offers more petrol to Sri Lanka President

India's Prime Minister Narendra Modi had offered more emergency supplies of petrol to Sri Lanka following a telephone co...

November 8, 2017 1 min read

Sri Lanka's Ceypetco loses Rs68bn in nine months

Sri Lanka's state-run Ceylon Petroleum Corporation, a key trigger of economic instability in the country, has lost 68 bi...

November 8, 2017 3 min read

Sri Lanka IOC unit rejects allegations on petrol crisis

Lanka IOC, a unit of Indian Oil Corporation has rejected allegations that it was to blame for a petrol crisis in Sri Lan...

November 7, 2017 3 min read

Sri Lanka petrol panic leaves unanswered questions

Sri Lanka's petrol panic which reached a flashpoint this week has been smouldering since mid-October amid a tug-o-war be...

November 6, 2017 5 min read

Sri Lanka expects petrol shipment on November 8

ECONOMYNEXT – Sri Lanka expects a ship carrying 42,000 MT of petrol to dock at Colombo port on the night of Novem...

November 6, 2017 1 min read

Sri Lanka fuel subsidies consumed by the richest 30-pct

Sri Lanka's top 30 percent of society consumed and overwhelming 70 percent of fuel sold in the country and subsidies are...

November 2, 2017 2 min read

Sri Lanka CEB to get US$200mn loan from ADB for 100MW windfarm

Manila-based Asian Development Bank will loan Sri Lanka's state-run Ceylon Electricity Board 200 million US dollars unde...

October 30, 2017 2 min read

Sri Lanka sells bunker fuel at Hambantota Port ahead of handover to China

Sri Lanka is to sell stocks of bunker fuel stored at a terminal in Hambantota Port the south of the island, ahead of its...

October 28, 2017 1 min read

Sri Lanka mulls risk guarantees for private energy investments

ECONOMYNEXT – The government is considering creating new financial instruments and risk guarantees to attract pri...

October 27, 2017 2 min read

Sri Lanka power utility blasted for dodging energy forum

ECONOMYNEXT – Sri Lanka’s state-owned power utility, Ceylon Electricity Board (CEB) was lambasted by a gov...

October 26, 2017 1 min read