An Echelon Media Company
Friday November 13th, 2026
Energy

Sri Lanka’s WindForce completes 366kWp solar project in Maldives

Located on Ookolhufinolhu. Lhaviyani Atoll 07040. Maldives, the project has an EPC value of 296.372 US dollars,

April 9, 2025 1 min read

Sri Lanka to buy 5 shipments of 92-octane petrol from Vitol Asia

The 300,000 (+/- 5%) barrels of petrol is for a six month period from April 15 to October 14.

April 8, 2025 1 min read

Sri Lanka, India and UAE to build energy hub in Trinco

Cable to export import power

April 5, 2025 3 min read

Sri Lanka to amend IMF-backed Electricity Act

The last government amend the act to unbundle CEB

April 2, 2025 2 min read
Sri Lanka's CPC cuts diesel, petrol price by Rs.2 amid falling global prices

Keeps the prices of other fuels including kerosine steady

Sri Lanka promised battery tariff not given, renewable energy wasted: solar firms

Though several reminders have been sent guidelines or the PPA has not been given

Sri Lanka CEB's rating outlook lifted to positive by Fitch

'B (;ka) rating confirmed

July 13, 2023 3 min read

Sri Lanka in talks with China's AIIB for US$220mn for power sector

Energy permit for a 50MW solar plant to be issued

July 9, 2023 1 min read

Sri Lanka electricity reforms to parliament in September: Minister

.

July 7, 2023 2 min read

Sri Lanka energy minister expects first Sinopec fuel cargo this month

Sinopec will use Ceypetco brand first as they need 10-15 days to change their own logo, do branding - minister

July 5, 2023 1 min read

Sri Lanka amends new fuel supplier deal to smoothen pressure on exchange rate - minister

Sri Lanka has awarded retail fuel licenses to China’s Sinopec, United Petroleum Australia and US-based RM Parks

July 5, 2023 1 min read

China's Sinopec, Singapore-based Vitol vie for Sri Lanka's $4 bln refinery establishment

Seven bidders have shown interest in the refinery project

July 4, 2023 2 min read

Sri Lanka's CEB assessing nuclear plant proposals from Russia, US, India, Europe - minister

Minister rejects claims of concluded Russian deal for nuclear power plant

July 4, 2023 2 min read
2

Sri Lanka motorists pay Rs.50 tax for Indian credit line, local tea producers on Iran dues

The tax was 25 rupees per liter in June and has now been increased to 50 rupees from this month - minister 

July 4, 2023 2 min read

Sri Lanka raises petrol to Rs328 a litre, diesel Rs346 from July 01

Super Diesel was increased by 6 rupees to 346 rupees per litre

July 1, 2023 1 min read

Sri Lanka electricity tariffs cut 14.4-pct, windfalls for some sectors

Hotels, industries big gainers in discriminatory pricing, general purpose users lose out

June 30, 2023 2 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 332.3603 330.8514
UK Pound 440.9424 438.3450
Euro 368.4879 371.0168
Yen 2.0805 2.0916
Aus Dollar 227.4342 231.1659
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.5474 3.4202
Korean Won 0.2492 0.2479
Oman Rial 863.2287 859.3320
Saudi Riyal 88.5586 88.0955
UAE Dirham 90.4874 90.0766
Source: Central Bank/Indicative
pts %
S&P SL20 6,365.57 +0.26%
CSE All Share 22,157.40 +0.56%
Turnover Rs 2975.05 million 1193.67 million
Source: CSE
Latest Last
3-m bill 7.61 7.84
6-m bill 7.91 8.26
12-m bill 8.23 8.3
3-yr bond 9.24 9.25
5-yr bond 9.82 9.56
8-yr bond 10.50 10.48
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
Gilt Repo 7.74 7.72
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka CEB settles Rs4bn in arrears: Minister

CEB has settled arrears payments amounting to four billion rupee from the previous year.

Neshella Perera
June 30, 2023 2 min read

Manjula Fernando appointed new Chairman of Public Utilities Commission

Fernando will be succeeding the former chair, Janaka Ratnayake, who was ousted by a parliamentary vote last month.

Nethmi Rajawasam
June 23, 2023 1 min read

India's Petronet proposes LNG for Sri Lanka power plants

600+ MW of LNG power plants available will be pursued

June 22, 2023 1 min read

Sri Lanka IOC-CPC joint venture to develop 9 tanks

Ground clearing begun around 3 tanks

June 20, 2023 1 min read

Sri Lanka-India grid connectivity to be realised by 2030: power minister

Sri Lanka’s government has priortised regional energy integration, the minister said.

June 6, 2023 2 min read

Sri Lanka's Litro cooking gas price cut by Rs452

The price revision will be done inline with the newly introduced pricing formula based on global prices

June 4, 2023 1 min read

Sri Lanka to ramp up weekend fuel deliveries after petrol price cut

CPC and CPSTL have not been operating on Sundays and public holidays in the last 4 months

June 2, 2023 1 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.

May 31, 2023 1 min read

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.

May 31, 2023 1 min read

Sri Lanka raises fuel quota for cars to 40 litres, bikes 14

The new ration will be effetive from midnight May 31.

May 28, 2023 1 min read