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Sunday February 5th, 2023

Sri Lanka cabinet delays electricity tariff hike amid rising opposition 

Government has already increased tariffs by over 50% in 2022

January 2, 2023 2 min read

Sri Lanka power regulator on collision course with cabinet

Their target is to earn 100 billion rupees from all citizens that uses less than 120 units in 2023

January 2, 2023 2 min read

Sri Lanka plans to hike renewable purchase tariffs after currency collapse

"Parties that came for tenders and put bids can no longer proceed on the basis of tenders."

January 2, 2023 2 min read

Sri Lanka's CEB revenue Rs35.6bn in Nov, costs to rise in New Year: Minister

CEB would need liquid fuel of Rs35bn before coal in January

December 29, 2022 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

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

Sri Lanka's Laugfs Lubricants enters Bangladesh market

Amid currency collapse

November 17, 2022 1 min read

Sri Lanka's Laugfs sells Bangladesh unit

Sale proceeds to settle debt

November 16, 2022 1 min read

Sri Lanka refinery in Trincomallee discussed with India


November 13, 2022 1 min read

Sri Lanka's state-run CPC raises price of diesel, kerosene to reduce losses 

Both diesel and kerosene had been sold at a loss before the price hike

November 12, 2022 1 min read

Sri Lanka maintains 2 hour power cut from November 9-11

Sri Lanka has faced short supply of coal

November 9, 2022 1 min read

Sri Lanka's Litro Gas hikes prices

A 12.5kg cylinder price will be raised by Rs80 to Rs4,360

November 6, 2022 1 min read

Sri Lanka reduces power cut duration for 1 hour in long weekend 

But the 2 hour power cut will return from Tuesday.

Roshani Fernando
November 4, 2022 1 min read

No fuel price revisions in November, says Sri Lanka energy minister

"Non placement of orders by dealers anticipating a price reduction has led to fuel stations drying up," Wijesekera said.

Chanka Jayasinghe
November 3, 2022 1 min read

Sri Lanka's Trinco Petroleum Terminal to invest up to US$70mn in tank farm

Some tanks could also be used for ship bunkers

November 2, 2022 2 min read

Sri Lanka’s IOC unit reports Rs12.3 bn in Sept 2022 profits

Fuel price hike, forex-shortage led long fuel queues help boost LIOC's profits

October 28, 2022 2 min read
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Sri Lanka's CEB to charge additional 2.5 pct of social security contribution levy

Opposition legislator Harsha de Silva has called the social security contribution levy a travesty.

Chanka Jayasinghe
October 27, 2022 1 min read

Sri Lanka transport minister says public can force tuk-tuk fare drop

"The government should step in and set a rate, but instead they are making obnoxious statements."

Chanka Jayasinghe and Neshella Perera
October 27, 2022 3 min read

Sri Lanka renewable energy sector may go to court over unsettled CEB arrears

The CEB had 10 months worth of arrears totaling 35.18 billion rupees dating back to October 2021.

Mahadiya Hamza and Neshella Perera
October 27, 2022 2 min read

Sri Lanka president approves proposal to increase tuktuk petrol quota to 10 litres

The first phase will commence in the Western province, the PMD said.

Mahadiya Hamza
October 24, 2022 1 min read

Sri Lanka's state-run Litro Gas to settle World Bank loan by December

"World Bank lent 70 million USD to solve our LPG problem. Now we are returning that money to Treasury in rupees."

Mahadiya Hamza
October 24, 2022 1 min read

Sri Lanka petro firms should be regulated by PUCSL, not committee under minister: MPs

"There will be no independent regulation if the sector is overseen by a committee under the Minister."

October 24, 2022 2 min read

Sri Lanka gets 6000MW of renewable energy proposals as competitive bidding ends

About 1500MW could be added over 2 years,

October 23, 2022 2 min read

Sri Lanka to allow airlines to import own fuel amid currency crisis

We will give our storage facilities and pipelines for a fee.

October 22, 2022 1 min read

Sri Lanka schedules power cuts of 1 hour 20 mins for October 22

Weekend power cuts reduced with rain

October 21, 2022 1 min read

Sri Lanka owes US$751mn to oil suppliers: Minister

Sri Lanka's state-run Ceylon Petroleum Corporation has a habit of getting oil on credit and paying later

October 19, 2022 1 min read
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