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Friday September 30th, 2022

Power cuts dampen Sri Lanka rubber product exports despite higher global demand - SLAMERP

Sri Lanka's rubber products can grow up to 30% in US dollar revenue if uninterrupted power supply ensured

June 3, 2022 2 min read

Sri Lanka free trade zone manufacturers oppose electricity tariff hike proposal

Sri Lanka’s ongoing crisis situation is affecting the apparel industry, with many overseas brands having already moved...

June 2, 2022 3 min read

Sri Lanka fuel shortages force labour department to shut its doors on Fridays

Sri Lanka is currently facing the worst economic crisis in its post-Independence history.

June 2, 2022 2 min read

Sri Lanka schedules two-hour power cut for June 01; daily outages to reduce to one hour

Daily power cuts will be further reduced to one hour in the next few days, the PUCSL said.

May 31, 2022 1 min read
Sri Lanka state-run CEYPETCO to supply fuel only for filling station with QR system - minister

Sri Lanka motorists say the waiting time to pump fuel has reduced significantly.

Sri Lanka's scheduled power cuts drop to one hour on August 05

The reduction in power cut duration on Friday is due to an increase in hydro power generation, the CEB said.

Sri Lanka awards 10MW wind power deal to Capital City Holdings

Sri Lanka's state-run Ceylon Electricity Board will award contract to buy power from a 10 MegaWatt wind power plant to C...

December 8, 2020 1 min read

Sri Lanka commissions 103.5MW wind farm with bird radar

Sri Lanka has commissioned a 103.5 MegaWatt wind power plant in the North Eastern region of Mannar, which could produce ...

December 8, 2020 1 min read

Sri Lanka power regulator to be shut

The Public Utilities Commission of Sri Lanka, which regulates the power sector has been ordered closed after a budget p...

December 2, 2020 1 min read

Sri Lanka to change power regulator, Ceylon Electricity Board laws

The governing law of the Public Utilities Commission of Sri Lanka (PUCSL) country's power regulator and state-run Ceylon...

November 25, 2020 2 min read

Sri Lanka's Ceylon Electricity Board losses down to Rs31.7bn to Aug 2020

Sri Lanka's state-run Ceylon Electricity Board has lost 31.7 billion rupees up to August 2020, sharply down from 85.4 bi...

November 23, 2020 2 min read

Sri Lanka's CEB 'AA+(lka)' rating confirmed with negative outlook

Fitch Ratings has confirmed an 'AA+' state-run Ceylon Electricity Board with a negative outlook which is the same as th...

November 20, 2020 7 min read

Sri Lanka Navy to buy emergency response vessel from Colombo Dockyard

Sri Lanka Navy has been cleared to purchase a Maintenance and Emergency Response Vessel (MERV) from Colombo Dockyard Plc...

November 19, 2020 1 min read

Sri Lanka expects LTL, another 300MW power plant in 3 years: Minister

Sri Lanka's LTL Holdings is expected to build a 300 MegaWatt liquefied natural gas cable power plant within three years,...

October 9, 2020 2 min read

Emirates National Oil wins Sri Lanka Diesel deals

Emirates National Oil Company (ENOC), Singapore had won contracts from state-run Ceylon Petroleum Corporation to supply ...

October 3, 2020 1 min read

Sri Lanka Laugfs terminal handles 400,000MT LP Gas, 60-pct re-exports

Laugfs Terminals Ltd at Hambantota port, a unit of Sri Lanka's publicly traded Laugfs group said it had handled 413,000 ...

September 18, 2020 2 min read
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US Dollar 369.9235 369.9235
UK Pound 417.3920 417.3688
Euro 365.4949 365.1473
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3-m bill 30.31 30.81
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today yesterday
Overnight Money 15.50 15.50
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Sri Lanka to call international bids for 300MW LNG IPP

Sri Lanka's state-run Ceylon Electricity Board will call international tenders for a 300 MegaWatt liquefied natural gas ...

September 17, 2020 1 min read

Sri Lanka President orders 70-pct renewable electricity by 2030

Sri Lanka's President Gotabaya Rajapaksa has directed that plans be made to produce 70 percent of the electricity in cou...

September 16, 2020 1 min read

Thailand firms win cylinder deals from Sri Lanka state LPG distributor

Sri Lanka's state-run Litro Gas Lanka has awarded two contracts to Thailand based firms to supply liquefied petroleum ga...

September 13, 2020 1 min read

Sri Lanka preparing its legal strategy with regard to the MT New Diamond disaster

Sri Lanka is planning its legal strategy to sue the owners of the Supertanker that caught fire off its shores and is cur...

Imesh Ranasinghe
September 9, 2020 2 min read

Sri Lanka to expand fuel storage capacity

Sri Lanka will expand the storage capacity for fuel in the country to boost buffer stocks when ships are delayed, Energ...

September 4, 2020 1 min read

Sri Lanka blackout report makes 11 recommendations to CEB, not signed by regulator

An expert committee that probed a 2020 cascading failure of Sri Lanka's power grid has made 11 recommendations in a inte...

August 30, 2020 5 min read

Sri Lanka's CEB faulted for 'significant lapses' over 2020 cascading failure

Sri Lanka's state-run Ceylon Electricity Board has been faulted for bad maintenance procedures and significant lapses in...

August 28, 2020 2 min read

Sri Lanka's BOI approves floating LNG unit in Hambantota

Sri Lanka's Board of Investment said it had signed a 97.2 million dollar agreement allowing setting up of floating liqu...

August 24, 2020 1 min read

Utilities Commission probing reason for countrywide blackout on August 16

The Public Utilities Commission of Sri Lanka is conducting investigations at the Kerawalapitiya and Norochcholai power p...

Chanka Jayasinghe
August 21, 2020 2 min read

Sri Lanka power cuts, IPPs in play with coal plants down after grid failure

Sri Lanka's Independent Power Producers are generating 35 percent of daily energy, with the Mahweli River plants adding ...

August 19, 2020 3 min read
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