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Thursday September 29th, 2022

Sri Lanka's solo refinery to resume operation after 2-month closure - minister

Sri Lanka's refinery was closed in March due to dollar shortage prevented crude imports

May 26, 2022 1 min read

Over 100 arrested in Sri Lanka for hoarding amid long fuel queues

Sri Lanka sees a growing black market for fuel amid acute shortage

May 25, 2022 2 min read

Jet fuel shortage forces Sri Lankan Airlines to refuel in India, UAE, Singapore - sources

Lack of jet fuel in Colombo forces SriLankan, other airlines to refuel in other airports

May 25, 2022 2 min read

Gas shortages in Sri Lanka lead to innovative use of computer cooling fans for cooking

Average Sri Lankans are struggling meet the ends with sharp increase in prices of cooking gas amid shortage.

May 24, 2022 4 min read
Sri Lanka's Litro Gas to reduce prices; fuel price revision also expected

Sri Lanka is also expected to announce a fuel price revision on Monday, August 01.

Sri Lanka in extended blackout as grid fails repeatedly - Update

Sri Lanka's power blackout which started around mid-day has extended towards nightfall as grid failed repeatedly while e...

August 17, 2020 2 min read

Sri Lanka power grid in total cascading failure

Sri Lanka's power supply operated by state-run Ceylon Electricity Board was hit by a cascading failure cutting off power...

August 17, 2020 1 min read

CEB customers need to pay only what they paid in February for March, April and May - Cabinet

Electricity consumers facing huge bills after the COVID 19 lockdown are to be given further relief at a loss of Rs 3bn t...

July 16, 2020 2 min read

Sri Lanka's Ceylon Electricity Board loses Rs20bn up to April 2020

Sri Lanka's state run Ceylon Electricity Board lost 20.8 billion rupees up to April 2020, on top of a 85.4 billion rupee...

July 15, 2020 2 min read

Govt officials scheming to reduce unit cost offered to rooftop solar power suppliers, industry reps ...

A group of high-level government officials allegedly in cohorts with the “diesel and coal mafia” are planning to red...

July 10, 2020 4 min read

More relief for electricity consumers struggling to pay inflated bills caused by the COVID lockdown

The Cabinet of Ministers at their weekly meeting today considered a number of concessions for consumers proposed by Powe...

July 9, 2020 2 min read

Government asks electricity consumers to pay their bills, relief measures will follow

The government is asking electricity consumers to pay their bills in full for now until a proper method for relief is fo...

Imesh Ranasinghe
July 2, 2020 2 min read

Sri Lanka power regulator fires salvo against fossil plants by adding up eco-costs

Sri Lanka's power regulator has released a study of 'externalities', where an attempt has been made to give a cash value...

June 11, 2020 2 min read

Sri Lanka waste-to-energy power plant delayed by Covid-19 travel curbs

A waste-to-energy plant being built north of Sri Lanka's capital Colombo has been delayed due to Coronavirus travel rest...

Chanka Jayasinghe
June 9, 2020 2 min read

Sri Lanka to commission 20MW wind power plants in Jaffna

Sri Lanka has completed construction of two 10 MegaWatt renewable power plants in the Jaffna peninsula, and they will be...

June 8, 2020 1 min read
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Latest Last
US Dollar 369.9235 369.9235
UK Pound 417.3920 417.3688
Euro 365.4949 365.1473
Aus Dollar 247.2916 245.9917
Yen 2.6166 2.5700
Source: Central Bank/Indicative
Latest Last
Indian Rupee 4.4750 4.5225
Korea Won 0.2575 0.2576
Oman Rial 942.5852 942.5852
Saudi Riyal 96.4518 96.4518
UAE Dirham 98.7994 98.7994
Source: Central Bank/Indicative
pts %
S&P SL20 3,203.01 -0.87%
CSE All Share 9,964.80 -0.36%
Turnover Rs million 3,017,534,901 4,958,500,230
Source: CSE
Latest Last
3-m bill 30.31 30.81
6-m bill 28.51 28.66
12-m bill 28.26 28.78
5-yr bond 25.30 25.04
8-yr bond 26.01 25.76
Source: Central Bank/Indicative
today yesterday
Overnight Money 15.50 15.50
Gilt Repo 15.50 15.50
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka President orders CEB to build 300MW coal plant fast

Sri Lanka's President Gotabaya Rajapaksa had ordered the state-run Ceylon Electricity Board to quickly build a 300 Mega ...

June 6, 2020 2 min read

Sri Lanka power, lube regulator starts online complaint resolution process

The Public Utilities Commission of Sri Lanka said it had started an online complaints resolution process for electricity...

June 1, 2020 1 min read

Sri Lanka fuel stabilization fund has not grown as expected: Minister

A fuel price stabilization fund which was to collect 200 billion rupees in 2020 as global prices fell has not grows as e...

Imesh Ranasinghe
May 28, 2020 2 min read

Sri Lanka's Laugfs Holdings appoints Piyadasa Kudabalage as chief executive

Sri Lanka's LAUGFS Holdings, which has interests in liquefied petroleum gas, lubricants, renewable energy, retailing, ex...

May 27, 2020 1 min read

US oil prices jumps to $13 a from minus $40 as storage ran out

US oil prices surged Wednesday after a turbulent start to the week that saw them fall below zero for the first time due ...

April 22, 2020 1 min read

Crude oil rebounds back to 25 dollars a barrel

Oil prices rebounded above zero Tuesday, a day after futures ended in negative territory for the first time as a coronav...

April 21, 2020 2 min read

Oil collapses to $12 as world awash with crude

US oil prices dived to 21-year lows Monday, giving up more than 30 percent in a market flooded with crude and hit by eva...

April 20, 2020 3 min read

How to contact an electrician or plumber during Sri Lanka's Coronavirus curfew

The Public Utilities Commission of Sri Lanka said it had teamed with the island's electricity and water utilities to hel...

April 12, 2020 2 min read

Laugfs Sri Lanka LPG tanker docks at China-run port in Hambantota

Gas Courage, a Sri Lanka registered liquefied petroleum gas tanker owned by Colombo-based by LAUGFS Maritime Services (P...

April 11, 2020 1 min read

Sri Lanka to fix fuel prices, build energy stability fund amid COVID-19 crude collapse

Sri Lanka to build a 200 billion rupee fuel price stability fund, by keeping oil prices fixed Minister Bandula Gunewarde...

March 19, 2020 2 min read
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