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Friday November 13th, 2026
Energy

China Merchants, Sinopec teams seeking Sri Lanka investments: embassy

CM Ports is already running Hambantota Port

March 12, 2023 1 min read

Sri Lanka holds talks on CEB restructure; ADB, WB, USAID, JICA discuss assistance

A roadmap and timeline will be submitted to the cabinet of ministers on the matter, said Wijesekara.

March 11, 2023 2 min read

Sri Lanka power regulator chief sues colleagues, state-run CEB against tariff hike

The CEB move has mainly burdened lower unit consuming users, the official CEB data showed.

March 10, 2023 2 min read

Sri Lanka power, energy unions accept pay hike minus bonuses, benefits: minister

"I have instructed Secretary to the Min of Power & Energy to commence the process to terminate them," he said.

March 10, 2023 1 min read
Sri Lanka's top energy expert Tilak Siyambalapitiya appointed as CEB chairman 

CEB has been running at a loss until price adjustments done in 2022 based on market values

Sri Lanka power & energy sector in stronger financial position: ex minister

There are adequate stocks of petroleum products and coal for power generation and fuel supply, he said.

India's Petronet LNG proposes pipe-borne gas to Sri Lankan households

ECONOMYNEXT - Petronet LNG, India's largest importer of liquefied natural gas, is to invest in an LNG import terminal in...

June 1, 2017 1 min read

Sri Lanka LPG firm Rs747mn in the red in March

Profits at Sri Lanka's Laugfs Gas Plc which has interests in cooking gas, leisure and logistics lost 747 million rupees ...

May 30, 2017 1 min read

Sri Lanka to build over 1,000MW of solar, wind power plants in north

ECONOMYNEXT – Sri Lanka plans to build a hybrid energy park of 240MM of wind power and 800MW of solar power plant...

May 24, 2017 2 min read

Sri Lanka wind project gets environmental okay with fewer turbines

ECONOMYNEXT – An Asian Development Bank (ADB)-supported project to set up a wind power project in north-western S...

May 23, 2017 2 min read

Sri Lanka to add 500MW by 2018 to meet growing electricity demand

ECONOMYNEXT – Sri Lanka’s state power utility plans to add 500MW of capacity next year to meet fast-growin...

May 16, 2017 3 min read

Sri Lanka to pay Rs36.20 per unit for Kandy waste-to-energy plant

Sri Lanka's state-run Ceylon Electricity Board is to pay 36.20 rupees a kilowatt hour (about 23 US cents) for power gene...

May 8, 2017 1 min read

Sri Lanka's power utility to offer time-based tariff for houses

Sri Lanka's power regulator has approved a time-based tariff, which can be used to charge electric cars or run air-condi...

May 5, 2017 2 min read

Sri Lanka central bank fires early warning over fuel pricing

Sri Lanka's Central Bank has warned the government early to market price fuel to prevent the country from being driven t...

May 3, 2017 3 min read

India to build 50MW solar power plant in Sri Lanka

India will be allowed to build a 50MegaWatt solar power plant in Sri Lanka's eastern Trincomalee district, where plans f...

May 2, 2017 1 min read

Sri Lanka to have 10 Trincomalee tanks for own use

India Oil Corporation has released 10 tanks leased to it in 2003 for Sri Lanka's exclusive as part of a joint venture to...

April 30, 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
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Source: Central Bank/Indicative
pts %
S&P SL20 6,365.57 +0.26%
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Turnover Rs 2975.05 million 1193.67 million
Source: CSE
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3-m bill 7.61 7.84
6-m bill 7.91 8.26
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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

India, Japan to build LNG terminal, 500MW power plant in Sri Lanka

India and Japan will build a floating liquefied natural gas (LNG) terminal, a 500 MegaWatt power plant and a gas distrib...

April 30, 2017 2 min read

Sri Lanka regulator assessing coal power pollution

Sri Lanka's power regulator has started meeting with the communities around a coal power station to go into their compla...

April 29, 2017 2 min read

Sri Lanka petroleum union call off strike over Indian deal

A strike leader at state-run Ceylon Petroleum Corporation said they will return to work after Prime Minister Ranil Wickr...

April 25, 2017 1 min read

Sri Lanka's IOC unit keeps economy oiled

Lanka IOC, a unit of the Indian Oil Corporation, is maintaining deliveries to its network of fuel stations, a top offici...

April 24, 2017 1 min read

Sri Lanka motorist rush to top up fuel on strike threat

Long lines of vehicles formed Sunday evening at fuel stations in Sri Lanka after a trade union at the state petroleum di...

April 23, 2017 1 min read

Forex, regulatory controls delay overseas Sri Lankan hydropower investment

ECONOMYNEXT – An investment by a Sri Lankan firm to buy a minihydro power plant in Uganda has been delayed by for...

April 18, 2017 1 min read

Sri Lanka Resus Energy buys firm with hydropower plant license

ECONOMYNEXT – Resus Energy, a Sri Lankan renewable energy company that owns and operates hydro power plants, said...

April 17, 2017 1 min read

Sri Lanka electricity generation up 8.1-pct in 2016

Sri Lanka's power generation roe 8.1 percent to 14,149 GigaWatt hours in 2016, with a sharp drop in hydro generation ami...

April 12, 2017 1 min read

Bigger storage at Chevron Sri Lanka unit yields margin gains

ECONOMYNEXT – Bigger storage facilities at the new plant of Chevron Lubricants Lanka has helped the firm improve ...

March 31, 2017 1 min read

Sri Lanka to regulate electric car charging stations

ECONOMYNEXT – Sri Lanka will amend its electricity law to enable the regulation and supervision of the growing nu...

March 29, 2017 1 min read