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Monday October 18th, 2021
Energy

Sri Lanka minister assures no fuel scarcity as credit lines sought

But I want to clearly say there is no oil scarcity

3 min read

Sri Lanka cabinet clears plans to order CEB to make 70-pct renewable energy plan

Guidelines to be given to CEB to make LTGEP

3 min read

Sri Lanka's Windforce to take-over Sky Solar for Rs265mn

Installed capacity to 220.2 MW from 218MW

3 min read

Sri Lanka ups oil resource claims to US$267bn

Traces of natural gas was reported in an exploratory well by a unit of Cairn India in 2013

3 min read

Sri Lanka's could lose billions through unsolicited New Fortress Energy deal: CEBEU

The sale of a power plant comes with complex contracts which could be worth US$6.0bn or more

US based New Fortress Energy says strikes LNG supply deal with Sri Lanka

New Fortress will initially provide the equivalent of an estimated 1.2 million gallons of LNG (~35,000 MMBtu) per day

Sri Lanka's Litro Gas says ready to fill Laugfs supply gap

Says will fill any colour cylinder

2 min read

Sri Lanka's Laugfs Gas is yet to 'officially' halt LP Gas imports

The firm has asked to raise prices earlier

1 min read

New Fortress Energy says linked with Sri Lanka's LTL for 350MW power plant

NEF had also inked deal with the government for floating LNG terminal

2 min read

New Fortress Energy says inked deal for Sri Lanka LNG terminal

Negotiating to buy 40-pct stake in combined cycle plant

3 min read

Sri Lanka to promote electric vehicles with renewable power expansion

A study by the University of Moratuwa has found that 60 per cent of the air pollution was caused by vehicle emissions.

2 min read

Sri Lanka's Ceylon Petroleum Corporation lost Rs57bn to May 2021: Minister

Un-hedged dollar loans causing forex losses

3 min read

Sri Lanka to use US$100mn India Exim solar power credit for state offices, poor families

Operating expenses of state buildings to be reduced

2 min read

Sri Lanka to merge Laugfs, Litro operations, LPG price controls to remain: Minister

Government to support losses

2 min read

Sri Lanka trying to re-finance billion dollar CPC 'Nick Leeson' loan from state banks: report

Bank loans and suppliers credits were a total of 3,355 million US dollars or 635 billion rupees

3 min read

Sri Lanka cabinet clears Windforce plant in high-wind Mannar

A CEB-owned plant in Mannar had seen unexpectedly high plant factors soon after commssioning

2 min read

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Sri Lanka's CPC to build terminal to import fuel via China-backed Hambantota Port

Pipeline to take fuel to terminal 15 km away

2 min read

Sri Lanka to hike fuel prices, jettisoning price control strategy

Date to be notified later

3 min read

Sri Lanka power regulator approves LNG IPP, extends concession period

To have 26 year concession period

4 min read

Sri Lanka petrol, diesel deals won by PetroChina International

Singapore based PetroChina International has won contracts to supply diesel and petrol to Sri Lanka.

Imesh Ranasinghe

1 min read

1

Sri Lanka to call bids for BOT oil refinery, end state refining monopoly: Minister

Says BOT upgrade may cost US$3bn

Imesh Ranasinghe

2 min read

Sri Lanka's Windforce to buy waste-to-energy plant

The plant was estimated to cost US$67mn

1 min read

Sri Lanka price controls drive LPG cylinder imports, fears of shortages: report

The CAA has created shortages through price controls in the past

1 min read

Sri Lanka's LECO pay interest on customer deposits

Sri Lanka's Lanka Electric Company, one of two state-run power distributors will pay interest on customer deposits from,...

1 min read

Sri Lanka LGP distributors should return favour given during Covid-19 crisis: Basil

Sri Lanka's liquefied gas distributors should return the favour given by the government of allowing them to keep prices ...

2 min read

Sri Lanka’s WindForce plans to raise LKR3.2bn IPO for renewable energy investment here and abroad

WindForce Limited, a diversified renewable energy producer in Sri Lanka is seeking to raise a 3.2-billion-rupee initial...

2 min read