An Echelon Media Company
Sunday February 5th, 2023

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

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 CPC officials pressured at Human Rights Commission meeting, claims minister

CEB agreed for uninterrupted power supply until February 17.

Sri Lanka ensure uninterrupted power supply during A/L exams - PUCSL chief

Sri Lanka has been implementing intermittent power cuts since March last year

Sri Lanka could face 10-hour power cuts from Jan if coal shipments delayed: CEB union

Sri Lanka faced 13 hour power cut in March this year after the govt could not import fuel

Roshani Fernando
December 20, 2022 2 min read

Sri Lanka's loss-making CEB workers, directors to forego annual 'bonus': regulator

As directed by PUCSL, CEB Board of Directors & Trade Unions have agreed to forego bonus for the year 2022

December 14, 2022 1 min read

Sri Lanka president slams power regulator after conflicts with minister

Power regulator chief has been opposing many moves by power minister

December 9, 2022 2 min read

Sri Lanka President bemoans over inconsistent LNG deals

Sri Lanka has been in deal for LNG plan since 2000, but successive govts have failed to finalize deals

December 8, 2022 2 min read

Sri Lanka to set up new dedicated power regulator, CEB split: Minister

A new electricity act will be enacted

December 8, 2022 1 min read

Sri Lanka could face 6-8-hour power cuts in 2023 if tariffs aren't revised: minister

"Most CEB unions and senior management agree that a revision is needed," he said.

December 6, 2022 3 min read

Sri Lanka's state-run CPC revises down Auto diesel price

Prices of all other fuel were kept unchanged

December 5, 2022 1 min read

Sri Lanka's state-owned Litro raises gas prices by over 5.5-pct

Sri Lanka's cooking gas distribution is gradually recovering after shortage in mid 2022.

December 5, 2022 1 min read

Uninterrupted power in 2023 will cost Sri Lanka's CEB Rs 56.90 cents per unit: minister

Wijesekara did not provide a breakdown of this unit cost.

December 5, 2022 2 min read

Sri Lanka proposed power tariff not to recover past losses: Minister

The proposal that was presented was for an automatic cost reflective tariff mechanism

December 5, 2022 2 min read
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Sri Lanka regulator disputes CEB costs, demand projections for 2023

CPC sells overpriced fuel, high demand projections require more expensive liquid fuel

December 2, 2022 3 min read

Sri Lanka Education Minister to intervene in power cuts, proposed tariff hike during exam month

"I will discuss this at the cabinet meeting and also take it up with the Ministry of Power & Energy."

December 1, 2022 2 min read

Sri Lanka electricity losses from overpriced fuel, no tariff hike considered: regulator

They are paying about 385 plus rupees per litre for furnace oil

December 1, 2022 2 min read

Sri Lanka power cuts extended on low water levels

Water levels down, fuel costs up

December 1, 2022 1 min read

Sri Lanka cabinet clears CEB re-structure proposal: Minister

Electricity Reforms Bill will be drafted within a month

November 29, 2022 1 min read

Sri Lanka power tariff revisions in Jan and July sought: Minister

If after raising prices in January, costs fall in July due to renewables, then we can lower the price

November 27, 2022 3 min read

Sri Lanka's PUCSL failed in power regulation for 9 years: Minister

It is after nine years that the prices were revised

November 25, 2022 2 min read

Sri Lanka looking to purchase Russian oil at discounted pricing: foreign minister

“As our president put it, when the elephants fight, it’s the grass that gets trampled."

November 24, 2022 3 min read

Sri Lanka central bank may use controls despite negative real rates

Admin measures usually could include rate ceilings

November 24, 2022 8 min read

Sri Lanka's CEB loses Rs108bn up to August 22

Owes CPC and IPPs Rs148bn and banks Rs168bn

November 21, 2022 2 min read