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Friday December 9th, 2022

Sri Lanka power regulator proposes average tariff hike to Rs32 a unit

Dollar earning companies to pay in US dollars

June 27, 2022 1 min read

Foreign banks refuse to confirm Sri Lanka state bank letters of credit: Minister

Oil suppliers wary to supply Sri Lanka after recent downgrades

June 27, 2022 3 min read

Sri Lanka invites capable companies to supply aviation fuel

SriLankan Airlines to import Jet-A1 directly

June 26, 2022 1 min read

Sri Lanka plans to allow more fuel distributors

Plant to attract up to four new players

June 26, 2022 1 min read
Sri Lanka schedules power cuts of 3 hours on August 29

Fuel shortages drive power cuts despite coal plant

Sri Lanka has enough fuel to distribute : CPC

Requests the public not to distress unnecessarily

Sri Lanka to use US$100mn India Exim solar power credit for state offices, poor families

Operating expenses of state buildings to be reduced

June 25, 2021 2 min read

Sri Lanka to merge Laugfs, Litro operations, LPG price controls to remain: Minister

Government to support losses

June 22, 2021 2 min read

Sri Lanka trying to re-finance billion dollar CPC 'Nick Leeson' loan from state banks: report

Bank loans and suppliers credits were a total of 3,355 million US dollars or 635 billion rupees

June 20, 2021 3 min read

Sri Lanka cabinet clears Windforce plant in high-wind Mannar

A CEB-owned plant in Mannar had seen unexpectedly high plant factors soon after commssioning

June 16, 2021 2 min read

Sri Lanka's CPC to build terminal to import fuel via China-backed Hambantota Port

Pipeline to take fuel to terminal 15 km away

June 15, 2021 2 min read

Sri Lanka to hike fuel prices, jettisoning price control strategy

Date to be notified later

June 11, 2021 3 min read

Sri Lanka power regulator approves LNG IPP, extends concession period

To have 26 year concession period

June 7, 2021 4 min read

Sri Lanka petrol, diesel deals won by PetroChina International

Singapore based PetroChina International has won contracts to supply diesel and petrol to Sri Lanka.

Imesh Ranasinghe
June 1, 2021 1 min read

Sri Lanka to call bids for BOT oil refinery, end state refining monopoly: Minister

Says BOT upgrade may cost US$3bn

Imesh Ranasinghe
May 25, 2021 2 min read

Sri Lanka's Windforce to buy waste-to-energy plant

The plant was estimated to cost US$67mn

May 21, 2021 1 min read
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Sri Lanka price controls drive LPG cylinder imports, fears of shortages: report

The CAA has created shortages through price controls in the past

May 18, 2021 1 min read

Sri Lanka's LECO pay interest on customer deposits

Sri Lanka's Lanka Electric Company, one of two state-run power distributors will pay interest on customer deposits from,...

April 8, 2021 1 min read

Sri Lanka LGP distributors should return favour given during Covid-19 crisis: Basil

Sri Lanka's liquefied gas distributors should return the favour given by the government of allowing them to keep prices ...

March 18, 2021 2 min read

Sri Lanka’s WindForce plans to raise LKR3.2bn IPO for renewable energy investment here and abroad

WindForce Limited, a diversified renewable energy producer in Sri Lanka is seeking to raise a 3.2-billion-rupee initial...

March 9, 2021 2 min read

Power Crisis: Sri Lanka aiming to go for only renewable energy sources within ten years

Sri Lanka is working on a plan to power the country using entirely renewable energy sources within the next decade, Powe...

March 9, 2021 2 min read

Sri Lanka LPG sellers seek tariff hike as butane, propane prices climb

Sri Lanka's liquefied petroleum gas (LPG) distributors have sought have an increase in the controlled price but no cabin...

March 9, 2021 1 min read

Sri Lanka yet to finalise decision about Chinese power plants close to the Indian coast

Sri Lanka has not yet arrived at a final decision to grant the hybrid power projects in the Northern Island to the Chine...

February 24, 2021 3 min read

Sri Lanka to jointly develop Trinco upper oil tanks with Lanka IOC

Sri Lanka will jointly develop a tank farm in Trincomallee with Lanka IOC, a publicly traded unit of Indian Oil Corporat...

February 18, 2021 2 min read

Sri Lanka commissions 10MW Aitken Spence waste-to-energy plant

Sri Lanka's Prime Minister Mahinda Rajapaksa has commissioned a 10 MegaWatt waste-to-energy plant that will incinerate 6...

February 17, 2021 1 min read

Sri Lanka petroleum utility allowed to buy foreign exchange from market

Sri Lanka's state-run Ceylon Petroleum Corporation would be allowed to buy foreign exchange directly from the entire fo...

Imesh Ranasinghe
February 16, 2021 2 min read
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