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Friday October 9th, 2026
Power

Sri Lanka approves tax exemptions for Kerawalapitiya-Colombo port cable project

Designating the transmission link as a Special Project is necessary to secure vital exemptions from Value Added Tax, cus

October 7, 2026 1 min read

Sri Lanka’s Resus Energy bids for 16MW battery storage projects

Two of its subsidiaries have submitted bids within the qualifying price range to set up 16 MW or 64 MW

September 29, 2026 2 min read

Sri Lanka defends rooftop solar Net Plus shift

Says previous billing models unfairly forced millions of non-solar consumers to subsidise high nighttime generation cost...

September 27, 2026 2 min read

Sri Lanka's Resus Energy commissions 2MW solar power plant

The plant is expected to generate and supply approximately 3.5 GWh of clean energy annually to the national grid.

September 21, 2026 1 min read
Sri Lanka’s WindForce and Vidullanka commission first BESS facility

Storex is a joint venture entity in which Vidullanka holds a 49 percent equity stake in partnership with WindForce.

Sri Lanka cuts fuel prices from near 2022 crisis amid easing global oil prices

Prices have risen around 50% in three months since Middle Eastern crisis started

Sri Lanka urges weekend solar shutdown; will mandate remote-disconnect modems

NSO plans to install modems so it can remotely switch off feeders in future, deputy minister says

June 26, 2026 2 min read

ADB calls for connected power systems as energy risks mount

“When it comes to energy security, no country can go it alone,” Kanda said

June 9, 2026 2 min read

Sri Lanka awards Rs827mn lubricating oil contracts to IOC, Chevron Lubricants

Lanka IOC PLC and Chevron Lubricants Lanka PLC awarded contracts for supplying Sapugaskanda power station

June 2, 2026 1 min read

Sri Lanka awards $6.04mn tender for Mullikulam Lot A to India's RS Infraprojects

Around 499.66 million rupees, (excluding VAT)

June 2, 2026 1 min read

Sri Lanka government’s fuel subsidy allocation to end by June: CPC chief

IMF has urged Sri Lanka to reflect cost-recovery pricing in fuel and energy

June 1, 2026 3 min read

Sri Lanka’s monthly fuel bill skyrockets to US$886mn in April

Fuel import bill has jumped 112% in two months since the Middle East crisis: CBSL data

May 29, 2026 1 min read

Sri Lanka’s CPC spends US$521mn for oil imports in May: official

Sri Lanka's oil bill is expected to be significantly higher than expected in 2026, analysts say

May 22, 2026 2 min read

Sri Lanka imposed US$27mn penalty from lower quality coal imports: official  

Sri Lanka has ordered 24 coal shipments including 5 from emergency purchase

May 19, 2026 2 min read

Sri Lankans advised to economize fuel use further

Sri Lanka's oil import bill has jumped sharply after the Middle Eastern conflist

May 18, 2026 2 min read

Sri Lanka’s CPC paid two-third of 2025 oil bill in first 4 months: CB chief

oil import bill has jumped due to higher oil prices after escalation in the Middle East

May 18, 2026 1 min read
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US Dollar 330.6231 330.3522
UK Pound 436.3233 436.6595
Euro 371.6865 375.8417
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Sri Lanka's Vidullanka buys 49-pct stake of Solex

With WindForce holding the remaining 51 percent.

May 14, 2026 1 min read

Laugfs power commissions 2MW mini hydro power plant in Deniyaya, Sri Lanka

Developed and implemented through PAMS Power (Private) Limited, a wholly owned subsidiary

May 11, 2026 1 min read

Sri Lanka's regulator allows 18% electricity tariff rise after fuel price hike, lower quality coal

The regulator expects the latest price hike will affect only 5% of the users

May 9, 2026 2 min read

Sri Lanka moving to stabilize electricity grid with software, battery storage: Minister

Two committees appointed to investigate power failure of Feb 2025, made 12 recommendations to secure grid

May 5, 2026 2 min read

Fitch Ratings withdraws Sri Lanka CEB's A(lka) rating after utility break-up

CEB has been replaced with 6 state-owned companies

April 21, 2026 1 min read

Sri Lanka receives first crude shipment after Middle East escalation

Sri Lanka’s Sapugaskanda oil refinery has been modified to refine Murban since 2012

April 17, 2026 2 min read

ADB launches new fund to accelerate progress on ASEAN power grid

Regional Connectivity Fund for Energy in Southeast Asia (RCF) will advance the development of the ASEAN Power Grid

April 7, 2026 3 min read

Sri Lanka president admits sub-standard coal impacting electricity generation

“We can’t taste it and see [ha-pa-la ba-lan-na be-he]."

April 7, 2026 1 min read

Sri Lanka to develop Rs243bn Maha Oya pumped storage hydro project

Grid-scale energy storage solution to store excess energy

April 2, 2026 1 min read

Sri Lanka greenlights battery storage plan

This move is intended to allow solar producers to store excess energy generated during the day for use during peak hours

April 1, 2026 2 min read
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