An Echelon Media Company
Sunday May 19th, 2024

Sri Lanka power regulator says 10-hour power cuts avoided

"We have secured around 25 coal shipments for this year."

January 7, 2023 1 min read

Sri Lanka power regulator vows not to allow cabinet driven power hike

Regulator has been in a tug-of-war with CEB, minister in the last 6 months.

January 5, 2023 3 min read

Sri Lanka's state-run LP gas firm reduces prices on easing global price

Sri Lanka saw long queues for cooking gas last year

January 5, 2023 1 min read

Sri Lanka cabinet delays electricity tariff hike amid rising opposition 

Government has already increased tariffs by over 50% in 2022

January 2, 2023 2 min read
US-based RM Parks to start fuel supply in Sri Lanka soon; United faces delay

United Petroleum Australia requested permission to remit dollars outside Sri Lanka

Sri Lanka’s state-run fuel retailer to digitize tendering from next month: Minister

New e-procurement system expected to automate tender awarding process totally

Sri Lanka scheduled power cuts Feb 21: two hours from 430pm

Southern grid is hit due to drawdown of Samanalawewa reservoir

February 21, 2022 2 min read

Sri Lanka paying highest ever price for oil in depreciated rupees: Minister

When the global crude price was at 147 US dollar per barrel in 2008, the rupee was only 108

February 20, 2022 4 min read

Sri Lanka Resus Energy trims debenture sale

Total issue reduced to Rs750mn from Rs1200mn

February 20, 2022 1 min read

Sri Lanka power cuts scheduled from 18 Feb amid forex crisis

Power will be cut in one hour blocks from 1430 hours to 1830 hours and in 45 minute blocks from 1830 to 2230pm.

February 18, 2022 2 min read

Sri Lanka's CPC losing Rs551mn a day, requires price hike: Minister

Even if the tax is reduced, we will have to increase the prices

February 18, 2022 2 min read

Sri Lanka Petroleum Minister bats for IMF deal as tankers stuck for dollars

I have expressed my view that we should go for IMF. Now most of the the cabinet ministers are for an IMF deal

Shihar Aneez
February 18, 2022 2 min read

Sri Lanka facing unscheduled power cuts from Feb 18 amid forex crisis

Several power plants have run out of fuel or are running out

February 18, 2022 2 min read

Sri Lanka’s CPC asks CEB to settle Rs22bn arrears to continue diesel supply


February 18, 2022 3 min read

Sri Lanka's CPC asks CEB to pay 30-pct more for diesel as oil prices go up

CEB has been informed the price of diesel to be increased to 146.31 rupees per liter from 121 rupees

Chanka Jayasinghe
February 17, 2022 2 min read

Sri Lanka CPC seeks fuel price hike: report

By end Feb CPC may lose Rs11bn

February 17, 2022 1 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 305.1018 305.3339
UK Pound 386.9523 387.2371
Euro 330.8712 332.1141
Aus Dollar 201.0018 201.4980
Yen 2.0266 2.0278
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.6453 3.5932
Korea Won 0.2342 0.2292
Oman Rial 780.3569 769.4973
Saudi Riyal 80.1114 78.9849
UAE Dirham 81.7952 80.6569
Source: Central Bank/Indicative
pts %
S&P SL20 2,573.80 1.00%
CSE All Share 9,073.41 0.65%
Turnover Rs million 1,591,766,524.95 1,029,335,694.32
Source: CSE
Latest Last
3-m bill 21.72 21.79
6-m bill 19.55 20.31
12-m bill 17.72 19.28
5-yr bond 21.00 22.53
8-yr bond 19.42 20.55
Source: Central Bank/Indicative
today yesterday
Overnight Money 13.93 14.00
Gilt Repo 13.50 14.00
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka's CEB ordered to halve hydro power, police AC use: PUCSL

No scheduled power cuts allowed

February 15, 2022 2 min read

Sri Lanka gets first diesel shipment from India

The partnership continues to work towards energy security of Sri Lanka

February 15, 2022 1 min read

Sri Lanka to announce power cuts as hydro storage plunges: regulator

Today we hope to publish a schedule of power cuts which will allow consumers to plan their activities

February 15, 2022 2 min read

Sri Lanka may not be able to supply 50Hz power if Victoria, Kotmale dry up

The power grid will not be be able to ensure 50Hz in the grid without Victoria and Kotmale

February 14, 2022 3 min read

Sri Lanka appoints cabinet subcommittee to advance renewable energy drive

The president said the Ceylon Electricity Board (CEB) has said it is “difficult to balance the grid”.

February 13, 2022 2 min read

Sri Lanka could face long power cuts, water shortages, Southern grid failures

Avoiding one hour power cuts is leading to further severe depletion of water storage

February 11, 2022 5 min read

Sri Lanka utility regulator asks public to minimise electricity use at night

The CEB said the night peak demand for Wednesday was expected to be 2,640 MW.

Chanka Jayasinghe
February 10, 2022 2 min read

India in talks for Sri Lanka petroleum exploration: Minister

In March 2022 we will also auction the M2 exploration block for investors

February 10, 2022 1 min read

Sri Lanka's CEB says no need for power cuts Monday if fuel supply adequate

The CEB said the predicted peak demand for Monday evening is 2,280 mega watts.

Chanka Jayasinghe
February 7, 2022 3 min read

Sri Lanka IOC unit raises petrol, diesel prices

State-run CPC prices unchanged

February 7, 2022 1 min read