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Sunday February 5th, 2023

Sri Lanka seeks loan from Qatar to import oil amid soft-peg instability

Money for medicines allocated

June 29, 2022 2 min read

Sri Lanka cabinet clears plan allow new foreign fuel distributors

Selected firms will have to import fuel on credit and runs a currency risk

June 28, 2022 2 min read

Sri Lanka central bank to give payment plan for oil supplier arrears: Presidents office

Oil agents asks Central Bank, Treasury to deal directly with principals

June 28, 2022 2 min read

Sri Lanka to order exporters, embassies, hotels to pay electricity bills in dollars

Companies with more than 60-pct dollar revenues will have to pay bills in dollars

June 27, 2022 3 min read
Sri Lanka may consider increased fuel quotas for police-registered tuktuks

“We asked them to register with the police because it will make it easier to identify them."

Sri Lanka schedules daily one-hour power cut from September 06 to 09

All groups will have one hour of power cuts between 6.00 pm to 9.00 pm

Sri Lanka's CPC to purchase bunker fuel for all players: Minister

Sri Lanka's state-run Ceylon Petroleum Corporation has been cleared by the cabinet of ministers to re-enter the bunkerin...

February 2, 2021 1 min read

Sri Lanka eyes power storage plant for renewables

Sri Lanka's state-run Ceylon Electricity Board has been given the go ahead to identify and conduct a feasibility study o...

January 30, 2021 2 min read

Sri Lanka IOC unit profits up 40-percent to in Dec quarter

Profits at Lanka IOC, a publicly traded unit of Indian Oil Corporation rose 40.2 percent to 686.9 million rupees in the ...

January 29, 2021 1 min read

Sri Lanka to call investors for 100MW solar IPP

Sri Lanka will call international bids from private investors for a 100 MegaWatt solar farm to be built in Siyambalanduw...

December 10, 2020 1 min read

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
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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

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