An Echelon Media Company
Friday November 13th, 2026
Energy

Sri Lanka awards Sampur-Kappalthurai transmission project to Ceylex-Xingneng JV

The contract was awarded for a total sum of USD 4.15 million, EUR 0.78 million, and LKR 1,096.08 million, excluding appl

November 3, 2026 1 min read

Sri Lanka’s fuel price hike tests central bank’s inflation target

Central bank chief has predicted higher inflation if higher global oil prices prevail for longer period

November 2, 2026 3 min read

Sri Lanka likely to see record fuel bill in 2026 despite declining monthly spending

Sri Lanka saw record fuel import bill in 2012

November 1, 2026 2 min read

Sri Lanka may see higher inflation if higher oil prices prolong: CB governor

Inflation remained at 40-month high of 8.1 percent in September mainly driven by higer fuel prices

October 29, 2026 3 min read
Sri Lanka to fast-track 10MW waste-to-energy plant in Ja-Ela

Officials said the project will play a role in local disaster prevention by stopping discarded waste from clogging canal

Sri Lanka awards $4.3mn Kolonnawa grid battery contract to Ceylex-Xingneng JV

The total contract value, excluding taxes, is set at 1.27 million US dollars, 2.61 million euros, and Rs 555.13 million

Sri Lanka approves tax exemptions for Kerawalapitiya-Colombo port cable project

Designating the transmission link as a Special Project is necessary to secure vital exemptions from Value Added Tax, cus

October 7, 2026 1 min read

Sri Lanka CPC forced to increase diesel supply after competitors cut losses 

Government has already provided Rs.41 bln subsidy for three months through December

October 6, 2026 2 min read

Fuel queues return to Sri Lanka as private operators slash supply: Minister

Fuel queues have re-appeared in Colombo.

October 6, 2026 2 min read

Sri Lanka CB expects ease of Middle East conflict in its inflation projection: Official 

CB Governor in August expected inflation to ease to 5% towards end of this year if oil prices remain UAS80 per barrel

October 3, 2026 2 min read

Sri Lanka inflation breaches CB’s upper limit for third month in Sept; remains at 37-mo high

Central Bank expects inflation to be in higher single digit through firs quarter of 2027

September 30, 2026 2 min read

Sri Lanka cabinet approves Rs41bn diesel subsidy; petrol excluded

Capped at 15 billion rupees for October, 13.5 billion rupees for November, and 12.15 billion rupees for December.

September 29, 2026 2 min read

Sri Lanka’s Resus Energy bids for 16MW battery storage projects

Two of its subsidiaries have submitted bids within the qualifying price range to set up 16 MW or 64 MW

September 29, 2026 2 min read

Sri Lanka is trying to keep diesel prices steady at next revision: Energy Minister 

Govt has already provided Rs.57 bn worth fuel subsidy from April-June.

September 28, 2026 2 min read

Sri Lanka’s Vidullanka submits winning bids for 18.7MW battery storage projects

Installations through Solar Universe, Sooryashakthi, DPV Solar Energy, and VidulSolar

September 28, 2026 2 min read

Sri Lanka defends rooftop solar Net Plus shift

Says previous billing models unfairly forced millions of non-solar consumers to subsidise high nighttime generation cost...

September 27, 2026 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 awards $40.8mn Muthurajawela-BIA jet fuel pipeline to Chinese firm

Project valued at $40.84mn plus Rs8,548.75mn, inclusive of applicable taxes

September 22, 2026 1 min read

Vidullanka, India’s Skipper lowest bidder for Sri Lanka Rs5bn transmission line project

Construction, installation, testing, and commissioning of 132 kV transmission lines

September 22, 2026 1 min read

Sri Lanka cannot subsidize CPC alone due to 2022 agreements: Minister

Questioned why public funds were being used to support foreign players that were brought in to import fuel

September 22, 2026 2 min read

Sri Lanka's Resus Energy commissions 2MW solar power plant

The plant is expected to generate and supply approximately 3.5 GWh of clean energy annually to the national grid.

September 21, 2026 1 min read

Sri Lanka’s WindForce and Vidullanka commission first BESS facility

Storex is a joint venture entity in which Vidullanka holds a 49 percent equity stake in partnership with WindForce.

September 18, 2026 2 min read

Sri Lanka explores options for fuel price revisions: Energy Minister

CPC is losing Rs.60 per liter of diesel, but losses are offset by refinery profits: CPC chairman

September 14, 2026 3 min read

Sri Lanka offers four blocks in Mannar basin for oil, gas exploration licencing 

All four blocks have a cumulative area of over 30,000 sq, km

August 25, 2026 3 min read

Sri Lanka to install 300,000 smart meters under $2.5mn ADB project

300,000 smart meters with a Time-of-Use billing system over the next two years

August 25, 2026 2 min read

Sri Lanka approves new renewable feed-in tariffs, introduces rates for battery storage

August 24, 2026 3 min read

Sri Lanka to launch oil gas exploration licencing  

Significant natural gas accumulations in two offshore wells within the deepwater Mannar basin have been discovered

August 23, 2026 2 min read