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Friday November 13th, 2026
Energy

Sri Lanka eyes Saudi investments for energy, real estate, Port City - Foreign Minister 

Sri Lanka's relationship with Saudi was hit by forced cremation under former president Gotabaya Rajapaksa

January 24, 2023 2 min read

Sri Lanka's CEB refuses to limit power cuts during exams despite regulator request

The PUCSL has been critical on excess electricity tariff hike planned by CEB

January 23, 2023 2 min read

Sri Lanka power regulator takes U-turn on retrospective electricity price hike

Sri Lankans face around 65% tariff hike on top of a similar price hike last year

January 20, 2023 2 min read

Sri Lanka president to provide free rice for poor amid rising discontent

Sri Lanka sees new anti-government protest amid high cost of living, taxes

January 16, 2023 2 min read
United Petroleum launches services in Sri Lanka

They will commence retail fuel operations in September with 150 dealer owned and operated fuel stations

Sri Lanka's CEB used Rs93bn profit to settle dues: Minister

To pay the outstanding amounts to renewable energy developers, thermal power plants, coal procurement, local suppliers,

Sri Lanka may cut power until coal plants are re-started

Sri Lanka's Ceylon Electricity Board could cut power by two to three hours a day until a coal power complex is re-starte...

October 17, 2016 1 min read

Sri Lanka to increase fuel storage capacity

ECONOMYNEXT – Sri Lanka plans to increase its storage capacity for fuel including bunkers in order to expand the ...

October 14, 2016 1 min read

Sri Lanka to build second refinery jointly with India - oil minister

NEW DELHI, Oct 6 (Reuters) - Sri Lanka will build a second refinery in a tie-up with Indian companies, energy minister C...

October 6, 2016 1 min read

Sri Lanka plans 20MW hydro power plant on Seethawaka River

ECONOMYNEXT - Sri Lanka is planning a 20MegaWatt hydro power plant in Seethawaka River, a tributary of the Kelani River ...

October 6, 2016 1 min read

Sri Lanka will not raise power tariffs: Finance Minister

Sri Lanka will not raise power tariffs this year, Finance Minister Ravi Karunanayake said, shortly after the power regul...

October 5, 2016 3 min read

Sri Lankan municipality expands solid waste biogas generation

The Kaduwela Municipal Council in Sri Lanka plans to expand the generation of biogas energy from solid waste and eventua...

October 5, 2016 1 min read

Oil prices dip on surging Iran sales, but looming OPEC deal offers support

Oil prices dipped on Tuesday on a rise in Iranian exports that adds to a global supply overhang, but a planned OPEC-led ...

October 4, 2016 2 min read

Sri Lanka power utility proposes 5-pct hike to fill revenue gap

Sri Lanka's state-run Ceylon Electricity Board has proposed a 5 percent tariff hike across the board, saying it was resp...

October 3, 2016 2 min read

Sri Lanka's Hayleys Energy Services, repairs and services oil rig

Sri Lanka's Hayleys Energy Services said it had modified, repaired and tested an oil rig at its Advantis Free Zone , tak...

October 2, 2016 1 min read

Regulator calls for plant timeline from Sri Lanka power utility

Sri Lanka's power regulator has asked for asked state-run Ceylon Electricity Board to submit an implementation plan with...

September 30, 2016 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 gets bids for wind power below Rs12.50 a unit: engineers

ECONOMYNEXT - Sri Lanka's state-run Ceylon Electricity Board has received bids below 12.50 rupees a unit for two 10MegaW...

September 30, 2016 2 min read

Sri Lanka consumers warned on impending 'electric shock' after coal plant scrapping

Sri Lanka's power consumers, who are already paying high prices will have to shell out even more in the future, after a ...

September 30, 2016 4 min read

Sri Lanka IOC unit erodes Chevron dominance in lube market

ECONOMYNEXT – Indian Oil Corporation’s Sri Lanka subsidiary has gained market share from the dominant Chev...

September 29, 2016 1 min read

Sri Lanka still struggling to import Iranian crude

Sri Lanka has still not been able to import crude oil from Iran, although international sanctions have been ostensibly b...

September 21, 2016 1 min read

Sri Lanka wants to refurbish 30 oil tanks in Trincomalee with IOC

Sri Lanka's state-run Ceylon Petroleum Corporation wants to refurbish 30 tanks with Lanka IOC for fuel storage and distr...

September 20, 2016 1 min read

Sri Lanka oil exploration block to go to Bona Vista Energy: Minister

Sri Lanka's cabinet of ministers had given the nod to award an exploration block to Bona Vista Energy, a Singapore based...

September 19, 2016 1 min read

Sri Lanka CPC's to run losses after diesel tax hike: Minister

Sri Lanka's state-run Ceylon Petroleum Corporation is likely to lose about 2.0 billion rupees a month following hikes in...

September 19, 2016 1 min read

Sri Lanka regulator stresses urgency of new power plants to ward off shortage

ECONOMYNEXT – Sri Lanka’s electricity sector regulator has called for the immediate construction of new po...

September 19, 2016 2 min read

Sri Lanka diesel tax hike may create losses for retailers

A prerogative tax on diesel that was imposed by mid-night gazette last month on diesel may generate losses at fuel retai...

September 18, 2016 3 min read

Sri Lanka hopes for LNG power plant with India in Sampur

Sri Lanka hopes to begin talks with India on building a liquefied natural gas plant in Trincomalee in place of a cancell...

September 15, 2016 2 min read