An Echelon Media Company
Friday November 13th, 2026
Energy

Sri Lanka appoints commissioner to replace a resigned PUCSL member

PUCSL was hit by resignations amid disputes over a tariff hike and other decisions.

February 5, 2023 1 min read

Sri Lanka’s Litro Gas hikes cooking gas price by 7.5-pct

Litro Gas is raising fuel through a price formula every month to prevent losses and borrowings

February 5, 2023 1 min read

Sri Lanka raises petrol price as government looks for more revenue measures 

The price revision comes as the island nation is in discussion for a $2.9 billion IMF loan

February 2, 2023 2 min read

Sri Lanka power regulator says secured uninterrupted power supply for Jan. 30-31

The PUCSL has been at logger head with Power Minister and CEB over uninterrupted power supply

January 30, 2023 2 min read
Lakdhanavi Limited to manage and operate Sobadhanavi for 20 years

Responsibilities of engineering, procurement, construction, and commissioning for Sobadhanavi as turnkey contractor

Sri Lanka cuts petrol to Rs332, diesel Rs307

Kerosene unchanged

Sri Lanka’s energy regulator urges urgent action to prevent power crisis in 2017

ECONOMYNEXT – Sri Lanka’s energy regulator has asked the state power utility to urgently buy new power pla...

December 27, 2016 2 min read

Sri Lanka commissions 10MW solar power plant

Sri Lanka has commissioned a 10 MegaWatt solar power plant to the national grid which can generate up to 19 million unit...

December 22, 2016 1 min read

Sri Lanka approves feasibility for 100 MW solar power park

ECONOMYNEXT – The Sri Lankan government this week approved a feasibility study to build a 100MW Solar power park ...

December 21, 2016 1 min read

Sri Lanka's CPC makes Rs75bn in profits up to December 2016

Sri Lanka's state-run Ceylon Electricity Board has made a profit of 75 billion rupees up to December 2016, helped by low...

December 9, 2016 1 min read

Sri Lanka to build floating solar power farm on Parliament lake

Sri Lanka will set up a 1.5 MW floating solar power farm on the lake around the Parliament of the country. Deputy Power ...

December 8, 2016 1 min read

Sri Lanka plans IPO of power utility subsidiary LTL Holdings

Sri Lanka's government is considering selling down stock in LTL Holdings, a unit of Sri Lanka's state-run power utility ...

December 7, 2016 2 min read

Sri Lanka second monsoon fails, hydro storage at five year low

Sri Lanka's second monsoon, has effectively failed leaving the state-run power utility Ceylon Electricity Board with the...

December 7, 2016 1 min read

Sri Lanka's Ceylon Electricity Board 'profits' overstated; China debt service excluded

Profits state-run Ceylon Electricity Board has been arrived at without accounting for the interest payments on a 1.3 bil...

December 3, 2016 2 min read

Sri Lanka to build two 10MW wind power plants in north

ECONOMYNEXT – Sri Lanka’s government has approved the construction of two 10MW wind power plants in Chunna...

November 30, 2016 1 min read

Sri Lanka removes license requirement to promote roof-top solar power

ECONOMYNEXT – Sri Lanka’s utilities regulator has removed a requirement for a license for consumers wantin...

November 30, 2016 2 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 electricity demand grows 9-pct in September

Sri Lanka's power demand grew 9.0 percent from a year earlier to 1,197 GigaWatt hours (millions of units) in September 2...

November 28, 2016 1 min read

Sri Lanka to set up 60 mini solar plants by competitive tender

Sri Lanka's will call open tenders for private investors to set up 60 solar power plants of with a capacity of one MegaW...

November 24, 2016 2 min read

Sri Lanka electricity utility to add two fuel oil power plants

ECONOMYNEXT – Sri Lanka’s state-owned electricity utility has revealed plans to add two high-cost fuel oil...

November 21, 2016 1 min read

Sri Lanka regulator raps electricity utility for deviating from plan

ECONOMYNEXT – The Public Utilities Commission of Sri Lanka (PUCSL) has expressed its grave concerns to the Ceylon...

November 18, 2016 2 min read

Sri Lanka Laugfs Gas Sept quarter net down 51-pct

ECONOMYNEXT – Sri Lanka’s Laugfs Gas said September 2016 group net profit fell 51 percent to Rs269 million...

November 16, 2016 2 min read

Sri Lanka regulator probes coal power plant breakdown

ECONOMYNEXT – Sri Lanka’s power sector regulator has announced a probe into the recent breakdown of the so...

October 25, 2016 2 min read

Sri Lanka mini-hydro power plants seen threat to forest eco-systems

ECONOMYNEXT – The construction of mini-hydro power plants pose threats to Sri Lanka’s forest eco-systems, ...

October 21, 2016 2 min read

Sri Lanka petroleum retailer under utilities regulator

ECONOMYNEXT – Sri Lanka is to change its petroleum law to bring the state-owned refiner and retailer Ceylon Petro...

October 19, 2016 1 min read

Sri Lanka's electricity users to be paid for damaged appliances: regulator

Sri Lanka's electricity users will be compensated for appliances damaged by power fluctuations, and mandatory service st...

October 18, 2016 1 min read

Sri Lanka considering 3.5h power cut request; regulator to tighten rules

Sri Lanka's state-run Ceylon Electricity Board has made a request from the regulator to cut power up to 3.5 hours after ...

October 17, 2016 2 min read