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Tuesday February 27th, 2024

Sri Lanka president approves proposal to increase tuktuk petrol quota to 10 litres

The first phase will commence in the Western province, the PMD said.

October 24, 2022 1 min read

Sri Lanka's state-run Litro Gas to settle World Bank loan by December

"World Bank lent 70 million USD to solve our LPG problem. Now we are returning that money to Treasury in rupees."

October 24, 2022 1 min read

Sri Lanka petro firms should be regulated by PUCSL, not committee under minister: MPs

"There will be no independent regulation if the sector is overseen by a committee under the Minister."

October 24, 2022 2 min read

Sri Lanka gets 6000MW of renewable energy proposals as competitive bidding ends

About 1500MW could be added over 2 years,

October 23, 2022 2 min read

Cyprus to supply 450,000 barrel crude to Sri Lanka on 6-month credit

Cabinet approves unsolicited proposal for Cyprus company to supply crude on 180-day credit

February 1, 2022 1 min read

Sri Lanka to buy 80,000MT of diesel and petrol from India

IOC will supply the fuel

February 1, 2022 1 min read

Sri Lanka's CEB urged to import own oil amid soft-peg trouble

If the CEB spends their own money and imports fuel, we are prepared to transport and store oil free

February 1, 2022 2 min read

Sri Lanka's solo refinery resumes operations after one month amid USD shortage

"The refinery resumed operations today," a source at the ministry told EconomyNext.

January 31, 2022 1 min read

Sri Lanka regulator decrees no power cuts till January 31

Shortfall to be bridged through conservation and private generators

January 27, 2022 2 min read

Sri Lanka's Lakdhanavi downgraded to same level as CEB over fuel, forex shortages

Reflects the risk of disruptions to operations from fuel shortages and heightened counterparty risk

January 27, 2022 7 min read

Sri Lanka IPP rating outlook cut by Fitch over CEB payment delays

CEB is facing heightened challenges in importing fossil fuels

January 27, 2022 7 min read

Ceylon Electricity Board chairman steps down amid Sri Lanka power crisis

"We are in a crisis situation. Let's see how we can manage it going forward."

Chanka Jayasinghe
January 26, 2022 2 min read

Sri Lanka's CEB may import fuel directly with Indian credit amid forex crisis

Until now liquid fuel imports were done by the petroleum ministry

January 25, 2022 1 min read

Scheduled power cuts in Sri Lanka from Monday amid fuel shortages

"From Tuesday (25), from 1.30pm to 9.30pm, there will be a two-hour power cut due to lack of furnace oil," he said.

Chanka Jayasinghe
January 24, 2022 3 min read
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Prioritising EVs when resuming vehicle imports: Sri Lanka minister submits cabinet paper

"The president has reiterated his commitment to focusing on EV imports."

January 24, 2022 2 min read

Sri Lanka's power crisis detriment to online education: opposition leader

This government is unable to facilitate distance learning. It is only able to keep people in the dark,” said Premadasa...

January 24, 2022 2 min read

Sri Lanka expects to avoid evening power cuts on Jan 20

GT-7, a 115MW gas turbine had already started

January 20, 2022 1 min read

Sri Lanka state radio enters solar power at ex-Deutsche Welle site

There is potential to set up an 80 to 100MW solar power plant in the location

January 19, 2022 1 min read

Sri Lanka CEB to get 8-days of diesel for power generation: Minister

CEB is forced to shut fuel driven plants from time to time due to fuel disruptions

January 19, 2022 2 min read

Sri Lanka in bid to avert 2.5 hour power cuts on Jan 19

We need diesel from January 19-22

January 18, 2022 2 min read

Sri Lanka power ministry eyes fuel from Indian Oil

In bid to avoid load shedding

January 17, 2022 1 min read

Trouble brewing at Sri Lanka's CEB over new 'illegal' GM

Court of Appeal orders temporary appointment

January 17, 2022 2 min read

Sri Lanka minister promises no power cuts till Jan 18, amid demand for dollarized payments

Energy Minister Udaya Gammnapila had earlier asked for dollarized payments for fuel

January 16, 2022 3 min read

Sri Lanka CPC demand end to circular debt in power amid forex crisis

CEB debt to CPC is now Rs91bn

January 15, 2022 5 min read