An Echelon Media Company
Friday November 13th, 2026
Power

Sri Lanka's CEB makes Rs5.3bn profit in June quarter, Rs13bn loss in 1H

June tariffs were raised

August 16, 2025 2 min read

Sri Lanka may call for tenders for Indian Adani-withdrawn wind power plants

Adani group withdrew from wind power projects in February this year

August 15, 2025 2 min read

Sri Lanka President suspends Mannar 50MW and 20MW wind plants for month

Following community objections

August 14, 2025 2 min read

Sri Lanka seeks BOO investors for first 160MW BESS to absorb renewables

The CEB plans to install 10MW/16MWh battery systems in 16 locations

August 13, 2025 2 min read
Sri Lanka CEB un-bundling to cost Rs10.6bn from lost economies of scale

The benefit came from economies of scale and shared operational efficiencies of the consolidated structure

Sri Lanka electricity price hike request on a depreciated rupee as oil, coal prices fall

Renewable energy investors also cannot work with the uncertainty of the flexible exchange rate

Sri Lanka parliament passes new electricity law

103 votes in favour

June 6, 2024 1 min read

Minister calls out opposition hypocrisy on Sri Lanka electricity reforms

The minister also said the new electricity reform bill will result in the disappearance of utilities unions.

June 6, 2024 3 min read

Sri Lanka's CEB eyes sharply lower tariffs for smaller domestic users: Minister

Wickremesinghe government has raised electricity prices by more than 100% in line with commitments made to IMF

June 6, 2024 2 min read

TISL raises concerns over Adani’s Sri Lanka power deal; demands transparency

Adani Group says all due process followed

June 5, 2024 3 min read

Sri Lanka electricity tariff revision proposal to regulator this week: Minister

The July tariff proposal will be submitted to the PUCSL this week

June 4, 2024 1 min read

Strong winds switch off 467,500 Sri Lanka electricity customers

By May 26 afternoon, power has been restored to about 425,000 customers.

May 26, 2024 1 min read

Sri Lanka power outages from falling trees worsened by unfilled vacancies: CEB union

Despite electricity being declared an essential service, vacancies have not been filled, the union charged

May 25, 2024 2 min read

Sri Lanka eyes private battery systems to counter renewable power instability

The batteries are planned for 2024-2030 period

May 23, 2024 1 min read

Sri Lanka has power breakdowns amidst extreme weather

36,900 breakdowns resulting in power interruptions to more than 300,000 consumers in the last three days due to weather

May 23, 2024 1 min read

Sri Lanka opposition drops bombshell on Mannar wind power tender

Sustainable Energy Authority blocked low price financial bids from being opened?

May 22, 2024 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

World Bank to conduct energy transition discussion in Sri Lanka

Roundtable on Advancing Energy Transition to focus on attracting investments in renewable energy sector

May 20, 2024 2 min read

Sri Lanka may have to depend on India or nuclear to reach low carbon target: researcher

The cost of reaching a very low carbon emission target may be around 40 billion US dollars

Nethmi Rajawasam
May 19, 2024 3 min read

Sri Lanka's CEB March 2024 profits Rs84bn with capital gain, fx strength

The rupee also appreciated in the March quarter

May 19, 2024 5 min read

Sri Lanka's CEB sells LTL shares to West Coast IPP for Rs26bn

Twenty-eight percent (28-pct) of share ownership

May 18, 2024 2 min read

Sri Lanka fresh water fishermen protest floating solar plant

"We urge the authorities to consider these risks and explore alternative locations"

May 17, 2024 2 min read

Sri Lanka to allow renewable power wheeling

Wheeling allows power from a plant to be carried to a different location by paying a fee to the network operator

May 14, 2024 1 min read

Sri Lanka in discussion with Saudi-based ACWA Power for renewable energy project

Sri Lanka is in discussion for Saudi investments

May 8, 2024 2 min read

Sri Lanka solar power costs down 20-pct as rupee strengthens

Demand for solar power is coming back as the Return on Investment is now higher

Apsara Rodrigo
May 7, 2024 1 min read

Unions threaten to "defeat" Sri Lanka electricity reforms bill outside parliament

"We say to parliament members, if you have a conscience, do not raise your hand in support of this bill," added Jayalal.

April 25, 2024 2 min read

Sri Lanka expects to finish Adani wind power price talks by May

May be by May we hope to conclude the negotiations

Apsara Rodrigo
April 22, 2024 2 min read