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Sunday May 19th, 2024

Sri Lanka power regulator on collision course with cabinet

Their target is to earn 100 billion rupees from all citizens that uses less than 120 units in 2023

January 2, 2023 2 min read

Sri Lanka plans to hike renewable purchase tariffs after currency collapse

"Parties that came for tenders and put bids can no longer proceed on the basis of tenders."

January 2, 2023 2 min read

Sri Lanka's CEB revenue Rs35.6bn in Nov, costs to rise in New Year: Minister

CEB would need liquid fuel of Rs35bn before coal in January

December 29, 2022 2 min read

Sri Lanka to add 2,800MW of renewables over 3-years: Minister

"We think we can reduce the generating cost from 47 rupees a unit to about 40 35 rupees."

December 28, 2022 1 min read
Sri Lanka's fuel imports unlikely to hit by Middle Eastern conflict amid uncertainty - Minister

The country has already secured tenders for supply until June next year, but there could be uncertainties,

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
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Sri Lanka hires Greenstat India to study hydrogen driven transport

'Green' hydrogen will be generated using a floating solar and wind farm.

February 1, 2022 1 min read

Sri Lanka to purchase emergency power for March drought

Proposals to be called

February 1, 2022 1 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