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Friday November 13th, 2026
Energy

Sri Lanka to call applications for new lubicrant suppliers

Parliament last year amended a law to liberalize the lubricant industry which was controlled by the loss-making CPC

January 10, 2023 1 min read

Sri Lanka power regulator says no law for retrospective tariff hikes

To revise the rates a public hearing is required which take a minimum of 45-days

January 10, 2023 1 min read

Sri Lanka cabinet nod for cost-reflective electricity tariff

new tariff hike is expected to increase the current rate by more than 50 percent

January 10, 2023 1 min read

Sri Lanka power regulator says 10-hour power cuts avoided

"We have secured around 25 coal shipments for this year."

January 7, 2023 1 min read
India's Petronet to supply Sri Lanka for 5-years via LNG Iso containers

The proposal is an interim solution to start LNG for power

Sri Lanka’s LTL, India’s Petronet sign MOU for LNG Infrastructure in Kerawalapitiya

Sri Lanka expects to reduce electricity cost through LNG plant

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
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Sri Lanka to call bids for 300MW diesel/LNG power plant to avert crisis

Sri Lanka will call tenders for a 300 MegaWatt diesel combined cycle power plant that can also be operated on liquefied ...

September 14, 2016 2 min read

Sri Lanka confirms scrapping of coal plant with India

Sri Lanka has confirmed the scrapping of a 500 MegaWatt coal plant in Trincomalee planned as a joint venture with India,...

September 13, 2016 1 min read

Sri Lanka bans 'round pin' plugs from next year to cut electrocutions

Sri Lanka will only allow the import and production of 'square pin' plugs and sockets and ban the import of electrical g...

September 13, 2016 2 min read

Sri Lanka awaits China talks on Hambantota bunkering: Minister

A decision on awarding a concession to operate ship re-fuelling (bunkers) services from Sri Lanka's Hambantota port is a...

August 29, 2016 2 min read

Sri Lanka hikes excise duty on diesel to Rs13 a litre

ECONOMYNEXT – Sri Lanka’s finance ministry has raised excise duty on diesel by Rs10 a litre to Rs13, a mov...

August 26, 2016 1 min read

Sri Lanka to issue new import licenses for bitumen

Sri Lanka plans to issue new licenses to import bitumen (road tar), charging a Rs2.0 million fee every six months, Infor...

August 24, 2016 1 min read

Sri Lanka to issue new lubricant import licenses, double fees

Sri Lanka will issue more licenses to import lubricants and double fees, set quality standards, and formalise the regula...

August 24, 2016 1 min read

Sri Lanka firms in 10MW Nepal hydro power project

Sri Lanka-based Lanka Ventures Plc, a venture capital firm with a strong focus on energy, said it will invest $3.0 milli...

August 24, 2016 1 min read

Sri Lanka electricity generation up 8.6-pct first half 2016

Sri Lanka's power generation rose 8.6 percent from a year earlier to 6,923 GigaWatt hours (millions of units) in the fir...

August 23, 2016 1 min read

Total doing EIA for Sri Lanka oil search

ECONOMYNEXT – French oil major Total SA has begun an Environmental Impact Assessment in preparation for surveys f...

August 19, 2016 1 min read