Top Secret
June 12, 2006 (LBO) – The Sri Lankan government is to ink a deal with Lanka Indian Oil Corp, towards the end of this month, to amend the petroleum …
Breaking Ground
May 11 (LBO) – Sri Lanka began construction of it first coal power plant on Thursday in Norachcholai on the island's West Coast, amidst protests by …
Treasure Hunt
Feb. 20 (LBO) - India's Reliance group is scouting for investment opportunities in Sri Lanka, with an eye on oil exploration in potential areas off Mannar on …
Thrice Lucky
The Asian Development Bank says it is willing to stay on in the power sector, despite the government missing its second deadline for a US$ 60 million loan. buy …
Water Boost
Jan 21 (LBO) - Sri Lanka's power utility is heading into the dry season with its reservoirs full, translating into savings on expensive thermal bills and no …
Who’s Got the Power?
Battle between the board and the management at the monopoly power utility CEB intensified as engineers objected to the board calling for reasons from the …
Burning Issues
Sri Lanka has sent out feelers to the Indian government for fresh round of supplier credit, as soaring world crude prices pushes fuel subsidy payments to US$ …
VAT’s the Fuss?
Sri Lanka's cash strapped Treasury will forego Rs. 7 billion in revenue as the government scraps the value added tax component on diesel with immediate effect, …
Troubleshooter
Government and trade union talks on Ceylon Electricity Board (CEB) restructuring collapses and trade unions call for mediation by the Prime Minister again. …
Trip Switch
Developers of power plants say the sector is losing credibility with investors because of regular policy U turns and delays in project approval. online …
Tweaking Terms
Sri Lanka plans to change the terms of controversial petroleum asset sale deal, mandating a third player to secure fuel supplies from state-run Ceypetco's …
Watchout
The IMF said Thursday that rising living standards in China and the rest of the developing world will keep oil prices sky-high for decades to come, with even …
Unplugged
Power sector unions are giving the state till Friday to decide on controversial reform plans for the loss making Ceylon Electricity Board, ahead of a key union …
Water Works
Australia is giving away 70 water purifiers, each worth A$ 5,000, to tsunami affected communities. Australia is giving away 70 water purifiers, each worth A$ …
Building Block
The government has finally approved coastal building regulations, under the Urban Development Authority(UDA), for tsunami-damaged parts of the country. online …
Fire Power
The government to subsidise the first 50 MW of dendro power to popularise dendro energy in Sri Lanka. online pharmacy buy abilify with best prices today in the …
Watershed
In a compromise with its new coalition partners, the Ceylon Workers Congress (CWC), the Government has agreed to water down its Upper Kotmale Hydropower Plant …
Warning Signals
A day ahead of crucial talks with Ceypetco unions, government officials say that plans for a third player to foster competition will have to go ahead. buy …
Troubled Oil
State petroleum giant Ceypetco is lobbying Treasury officials to up fuel prices in July and hold it steady for about three months thereafter to allow consumers …