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Friday November 13th, 2026
Energy

Sri Lanka seeks development agency backing for CEB reforms

"A reforms office will be opened at the Ministry of Power & Energy to see through the transformation."

February 24, 2023 2 min read

Adani Sri Lanka 500MW renewable plant in land acquisition phase

Progress of the Renewable energy project of 500 MW in Pooneryn & Mannar

February 22, 2023 1 min read

Sri Lanka's Dipped Product seeks new markets as Western demand drops

Also burdened with higher income tax and rising utility prices

February 20, 2023 3 min read

Sri Lanka state bank to give credit for coal imports after power hike: Minister

Rs 22 bn from Bank of Ceylon and Rs50 bn from People's Bank

February 19, 2023 2 min read
Sri Lanka CEB to seek floating solar investors for three reservoirs

Feasibility studies have now been done for the three reservoirs

Sri Lanka cabinet nod for separate energy regulator, cadre revisal, new salary structure

The new regulator will oversee oil and gas pricing and standards therein based on an experts' committee report.

Sri Lanka energy regulator mulls guidelines on outages

ECONOMYNEXT – The Public Utilities Commission of Sri Lanka (PUCSL), the energy sector regulator, is considering i...

March 28, 2017 1 min read

Sri Lanka’s Laugfs to borrow US$42.6mn for gas terminal

ECONOMYNEXT – Laugfs Terminals Limited, part of Sri Lanka’s Laugfs Holdings group, is to borrow US$42,6 mi...

March 28, 2017 1 min read

Global tender for 60 small Sri Lanka solar farms to close in April

An international competitive tender to build 60 one 1MegaWatt solar plants around Sri Lanka will close on April 26, Depu...

March 23, 2017 1 min read

New Sri Lanka rules to prevent buildings near power lines

ECONOMYNEXT – Sri Lanka’s energy sector regulator has announced new building rules to protect the public f...

March 20, 2017 2 min read

Sri Lanka to call bids for solar farm with battery amid Tesla challenge

Sri Lanka is planning to call bids for a 100 MegaWatt floating solar farm with battery storage, as electric tech firm Te...

March 17, 2017 3 min read

Singaporean firms win big Sri Lanka fuel contracts

ECONOMYNEXT – Sri Lanka has awarded two Singaporean companies contracts to supply its state oil refiner and retai...

March 16, 2017 1 min read

Sri Lanka’s Vidullanka to commission Uganda hydropower plant

ECONOMYNEXT - Sri Lanka’s Vidullanka Plc said it has completed building a 6.5MW mini hydro power plant in Uganda ...

March 15, 2017 1 min read

Sri Lanka to build 100MW floating solar plant in reservoir

Sri Lanka will call bids to build a 100 MegaWatt float solar power plant in an irrigation reservoir, Minister Rajitha Se...

March 1, 2017 1 min read

Sri Lanka regulator seeks public comments on fuel pricing, social damage costs

ECONOMYNEXT – Sri Lanka’s energy sector regulator has invited public comments on the state power utilityâ...

March 1, 2017 3 min read

Sri Lanka’s Vidullanka issues shares to Timex

ECONOMYNEXT - Sri Lankan mini hydro power firm Vidullanka Plc said it plans to issue new shares to Timex Garments (Pvt) ...

February 27, 2017 1 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 Mackwoods mulls investments in mature hydro power projects

ECONOMYNEXT – Sri Lankan energy firm Mackwoods Energy said it is considering investments in more mature hydro pow...

February 24, 2017 1 min read

Drought hits Sri Lanka mini-hydropower firms

ECONOMYNEXT – Electricity generation by Sri Lanka’s mini-hydropower companies has been sharply reduced by ...

February 21, 2017 1 min read

Sri Lanka's Laugfs in the red as LPG costs soar amid price controls

Sri Lanka's Laugfs said it lost Rs185 million in the December 2016 quarter against a profit of Rs293 million a year earl...

February 17, 2017 2 min read

Price controls hit Sri Lanka IOC unit as crude, taxes rise

Price controls hit Sri Lanka IOC unit as crude, taxes rise Sri Lanka's Indian Oil Corporation said December quarter prof...

February 17, 2017 1 min read

Japan firm invests million dollars in Sri Lanka mini-hydro firm

Zero Plus Co Ltd, a Japanese firm with interests in cosmetic, mail order and fitness, has invested $1 million in a mini-...

February 13, 2017 1 min read

Sri Lanka off-shore oil block re-offered for development

Sri Lanka is calling offers to develop an off-shore oil block in the North West of the island where some gas-condensate ...

February 12, 2017 1 min read

Sri Lanka to call tenders for 60, mini solar farms shortly: minister

Sri Lanka plans to float tenders to build 60 1 MegaWatt solar power plants of 1 MegaWatts each, next week, Deputy Energy...

February 11, 2017 1 min read

Sri Lanka's CEB gets ADB funding for 100MW wind farm

Sri Lanka's state-run Ceylon Electricity Board (CEB) has secured funding from the Asian Development Bank for a 100 MegaW...

February 10, 2017 1 min read

Sri Lanka ramps up fuel imports as drought hits hydropower

SINGAPORE/COLOMBO, Feb 8 (Reuters) - Sri Lanka's fuel imports in January jumped to double typical monthly levels, with t...

February 8, 2017 2 min read

Chevron Sri Lanka unit December net down 03-pct to Rs693mn

ECONOMYNEXT - Chevron Lubricants Lanka’s December 2016 quarter net profit fell three percent to Rs693 million fro...

February 2, 2017 1 min read