An Echelon Media Company
Sunday December 10th, 2023

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 cuts petrol to Rs318 a litre, kerosene to Rs245

Lanka Industrial Kerosene will be cut by 60 rupees a litre to 270 rupees.

Sri Lanka inks deal with Korea for floating solar plants

KIAT will give a grant of 5.2 million  dollars to the Sustainable Energy Authority in order to build the projects.

Sri Lanka's CPC loses up to 1 billion rupees daily amid rupee fall

CPC is losing 110 rupees per litre of diesel sold and 52 rupees for a litre of petrol

April 12, 2022 1 min read

Sri Lanka to reduce power cut duration from April 18 as rains start - PUCSL

The power cuts to be reduced due to enough availability of fuel, coal, and water

Mahadiya Hamza
April 11, 2022 3 min read

Sri Lanka's monthly fuel bill rises to $700 mln in April - CPC

"We are now spending 128 US dollar per barrel of diesel and 121 US dollars for petrol."

April 11, 2022 1 min read

Sri Lanka seeks second US$500mn oil credit from India: CPC

By end April about 375 to 400 million from the credit line would be used

April 11, 2022 1 min read

Two more die in Sri Lanka fuel queues amid shortage

Sri Lanka still face fuel shortage and motorists are forced to wait hours

Dulya de Silva and Neshella Perera
April 11, 2022 2 min read

Sri Lanka schedules 4-hour power cuts for April 11, 12; 2h for April 16, 17

Sri Lanka's power cut duration reduced after receiving diesel via Indian fuel credit line

April 10, 2022 1 min read

Sri Lanka schedules power cuts up to 3.5 hours for April 09, 10

"Our plants still do not have adequate fuel supply to run fully."

April 8, 2022 2 min read

Sri Lanka has used 60-pct of USD 500 mln Indian fuel credit line - sources

Around 60 percent of the fuel credit has been already used

April 8, 2022 1 min read

Sri Lanka president's close ally admits blunders on IMF, rupee, debt restructuring 

"I was within and outside the cabinet telling that we should have gone to the IMF a year ago."

April 8, 2022 2 min read

Sri Lanka power regulator seeks diesel from India envoy

Therefore the Commission expects your intervention in securing a diesel stock of 37,000 Metric tonnes

April 7, 2022 1 min read
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Sri Lanka schedules 6.5 hours of power cuts from April 6-8

The power utility provider last week pledged to reduce the power cut duration to below 4 hours

April 5, 2022 1 min read

Sri Lanka power regulator wants minister for crisis hit energy sector


April 5, 2022 1 min read

Sri Lanka schedules 6.5 hours of power cuts for April 5

A 13-hour power cuts prevailed last week, but the duration is shortened after Indian fuel shipments arrived in.

April 4, 2022 1 min read

Sri Lanka schedules 5 hours of power cuts for Apr 04

CEB had requested 7 hours

April 3, 2022 1 min read

Sri Lanka schedules less than 2 hour power cuts using borrowed fuel

Sri Lanka has received a 40,000 metric tonne diesel consignment under a 500 million dollar Indian credit line

April 2, 2022 2 min read

Sri Lanka gets diesel ship from Indian credit line

The distribution is expected to start from this evening

April 2, 2022 1 min read

Sri Lanka power regulator wants early school closure

Private bus and school van operators have threatened to stop services if diesel shortages continue

April 2, 2022 2 min read

Sri Lanka schedules power cuts up to 8.5 hours for April 02

Saturday's power cut duration has declined to 8.5 hours from Friday's 12 hours

April 1, 2022 1 min read

Sri Lanka power regulator in court seeking US$200mn from central bank

The regulator says relevant authorities have failed to take advice given since 2016

April 1, 2022 1 min read

Sri Lanka schedules power cuts up to 12 hours for April 01

Power cut duration has been extended mainly due to lack of fuel amid severe shortage of US dollars for imports.

Chanka Jayasinghe
March 31, 2022 1 min read
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