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Wednesday June 29th, 2022

Sri Lanka faces near 4 hour power cut on Thursday

Sojitz, Sapugaskanda B and Kelanitissa plants have enough fuel to run for 2.6 days,  1.7 days and 1.1 days respectively...

March 10, 2022 1 min read

Sri Lanka power crisis to affect parliament; speaker asks MPs to brace themselves

"I expect your cooperation and understanding in the event there are inconveniences or delays."

March 9, 2022 1 min read

Sri Lanka schedules power cuts of 2.5-hours for March 09

However, the PUCSL has not published any approved schedule at the time of writing.

March 8, 2022 2 min read

Sri Lanka's CEB maintains 7.5-hour power cut on Tuesday; Fuel deficit, drought weigh

CEB: There is a power deficit of 398 MW for the day peak, 518 MW for the evening peak and 409 MW for the night peak.

March 7, 2022 3 min read
Sri Lanka schedules power cuts of 3 hour 20 min for May 06

The same schedule will apply for May 07 and May 08.

Sri Lanka requests fuel price formulae from supplies to minimise losses: energy minister

Cabinet has requested both Ceypetco and Lanka IOC to propose price formulas to minimise losses for the state.

Sri Lanka gets ADB aid to expand solar power use

ECONOMYNEXT – The Asian Development Bank (ADB) has approved a project under which Sri Lanka will get aid to adopt...

June 14, 2019 2 min read

Sri Lanka's DIMO enters Myanmar, Uganda power sector

Sri Lanka's Diesel & Motor Engineering Plc, which has local power generation and transmission equipment operations, has ...

June 12, 2019 2 min read

ADB to study Sri Lanka as LNG hub, supplying Maldives

ECONOMYNEXT – The Asian Development Bank will fund a study on the feasibility of setting up a liquefied natural g...

June 12, 2019 2 min read

Petrol price in Sri Lanka raised to Rs138 a litre

ECONOMYNEXT - Sri Lanka's government will raise the price of a litre of 92 Octane petrol by three rupees to 138 rupees f...

June 10, 2019 1 min read

Electric fences shock Sri Lanka farmers

The number of persons electrocuted in Sri Lanka fell 16 percent to 89 in 2018, with the most incidents reported when far...

June 5, 2019 2 min read

Sri Lanka bonds spike on political uncertainty, rupee steady

Sri Lanka rupee closed steady Monday but bonds spiked on political uncertainty as two Muslim governors resigned as prote...

June 3, 2019 1 min read

Sri Lanka's Fairway waste energy firm gets power purchase deal

ECONOMYNEXT – Sri Lanka’s Fairway Waste Management Pvt Ltd has resumed work on a project to generate power...

June 3, 2019 3 min read

Sri Lanka commissions 3.3MW dendro power plant

Sri Lanka has commissioned a 3.3MW dendro power plant which has been connected to the national grid from May 30, Vidulla...

June 3, 2019 1 min read

Sri Lanka approves more 1MW solar power plants

ECONOMYNEXT – Sri Lanka’s government has given the go-ahead to four private energy companies to build one ...

May 29, 2019 1 min read

Sri Lanka offers two offshore oil blocks for exploration

Sri Lanka has opened an international bidding round to explore and produce oil and natural gas in two blocks in the Mann...

May 28, 2019 2 min read
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Sri Lanka buys 400MW of floating emergency power

Sri Lanka's cabinet of ministers had given approval to buy 400 MegaWatts of emergency power for up to nine months to so...

May 22, 2019 1 min read

Sri Lanka Browns to buys into African sugar cane bio-energy firm

Sri Lank's Browns Investment said it has reached a deal to buy control of a bio-fuel producing sugar farm in the African...

May 15, 2019 1 min read

Sri Lanka raises petrol to Rs135 a litre

Sri Lanka's fuel prices will be increased at midnight under the cost-reflective price formula, the Finance Ministry said...

May 11, 2019 1 min read

Oman reaffirms interest in Sri Lanka oil refinery project

ECONOMYNEXT – Oman has reaffirmed its commitment to take part in a joint venture for an oil refinery with a capac...

May 8, 2019 2 min read

Sri Lanka's Ceylex Engineering wins Rs2.7bn transmission line deal

Sri Lanka's Ceylex Engineering, a privately owned power engineering firm has won a 2,708 million rupee deal to build tra...

April 19, 2019 1 min read

China's Qindao Huijintong wins Rs6.7bn Sri Lanka power grid deal

China's Qingdao Huijington Power Equipment Company Ltd has won a deal to build a 33KiloWatt transmission line for Sri La...

April 15, 2019 1 min read

Ravi to be Sri Lanka's solar Parakramabahu

Sri Lanka will expedite licenses for solar farms so that no light that falls on the island is wasted, Power Minister Rav...

April 14, 2019 3 min read

Sri Lanka holds fuel prices ahead of traditional new year

Sri Lanka has kept fuel prices stable, halting a pricing formula for the Sinhala and Tamil New Year season, Finance Mini...

April 10, 2019 1 min read

Sri Lanka Cabinet approves buying 100MW of emergency power

ECONOMYNEXT – Sri Lanka’s Cabinet of Ministers this week approved plans for the state power utility to buy...

April 10, 2019 1 min read

Audit reveals Sri Lanka CEB accounting misdeeds, project delays

ECONOMYNEXT – An audit of a foreign-funded project to improve power supply for remote islands off Sri Lankaâ€...

April 10, 2019 3 min read