Category: Power
Sri Lanka Electricity Tariffs to Remain Unchanged for Q3 2026
The Public Utilities Commission of Sri Lanka (PUCSL) announced today that electricity tariffs will remain unchanged for the third quarter of 2026, maintaining the existing rates established in the second quarter. The decision follows a comprehensive review of cost estimates submitted by the National System Operating Company (NSO). According to the regulator, the projected increase […]
Energy Minister Outlines Plan for 1,200 MW Battery Storage to Cover Evening Peak Demand
Speaking in Parliament in response to a question raised by Opposition Member of Parliament Ravi Karunanayake, Energy Minister Anura Karunathilaka stated that the Government has taken active steps to double the country’s rooftop solar generation capacity. He noted that while electricity generated through rooftop solar systems stood at 867 megawatts in 2024, government initiatives have […]
Energy Sector Stakeholders Identify Priorities to Accelerate Sri Lanka’s Renewable Energy Transition
The Ceylon Chamber of Commerce recently convened “Energy Transition in Sri Lanka: Strategic Insights from Global Markets,” bringing together stakeholders from government, industry, academia, and the energy sector to discuss the policies, investments, and reforms needed to accelerate Sri Lanka’s transition towards a more secure, affordable, and sustainable energy system. The discussion focused on the […]
Ceylon Chamber discussion puts energy security at the centre of Sri Lanka’s growth agenda
The Ceylon Chamber of Commerce brought together policymakers, industry players, academics and other stakeholders last week for a discussion on Sri Lanka’s energy transition, framing the shift to cleaner power as much a matter of economic strategy as environmental necessity. The event, titled “Energy Transition in Sri Lanka: Strategic Insights from Global Markets,” comes as […]
Sri Lanka’s largest battery energy storage programme to strengthen grid stability and accelerate renewable energy integration
Sri Lanka is set to commission battery energy storage capacity across 16 substation sites nationwide, marking the country’s largest energy storage programme to date. The initiative represents a significant step in strengthening the national grid and supporting the country’s transition toward a cleaner and more resilient energy system. Each Battery Energy Storage System (BESS) is […]
Energy Minister Dispels Coal Demurrage Rumors: Zero Extra Cost to Consumers
Energy Minister Anura Karunathilake has strongly refuted widespread social media claims alleging that the government is paying massive delay charges (demurrage) for ongoing coal shipments, assuring the public that the situation will place zero additional financial burden on electricity consumers. Speaking at a special media briefing, Minister Karunathilake clarified that the state-run Lanka Coal Company […]
Rs. 8.5 Billion for 1,898 Employees under CEB Voluntary Retirement Scheme
In line with the ongoing restructuring of the Ceylon Electricity Board (CEB), the Ministry of Power and Energy has launched a major compensation program for employees opting for voluntary retirement. Under this initiative, a total of Rs. 8.5 billion has been allocated to reward 1,898 employees, marking one of the largest retirement compensation packages in […]
Rs. 38 Bn Shortfall in Power Generation Costs; Taxpayers to Fund Rs. 15 Bn Govt Subsidy as PUCSL Opens Public Consultation
Sri Lanka’s Public Utilities Commission (PUCSL) has announced that rising fuel costs will create a Rs. 38 billion shortfall in electricity generation expenses for the second and third quarters of 2026. To cushion households, the government will provide a Rs. 15 billion subsidy funded by taxpayers starting May 10, ensuring that 95% of domestic and […]
IFC and WindForce PLC Partner on Sri Lanka’s First Large‑Scale Solar Project to Lower Power Costs, Strengthen Energy Security
The International Finance Corporation (IFC), a member of the World Bank Group, announced a partnership with WindForce PLC to develop Sri Lanka’s first utility‑scale 100‑megawatt (MW) solar power facility, a landmark project that will accelerate the country’s energy transition, strengthen energy security, lower electricity costs and create thousands of jobs. The project will generate around […]
Coal Imports, Plant Efficiency in Focus as Presidential Commission Begins Work
President Anura Kumara Dissanayake has appointed a Special Presidential Commission to investigate alleged irregularities in Sri Lanka’s coal importation and coal-based power generation, in a move that signals tighter scrutiny of a critical and often contentious sector. The Commission, established under the Special Presidential Commissions of Inquiry Act, will examine activities spanning from the inception […]
Energy Minister and Secretary Resign Amid Coal Supply Investigation
In a significant development for the energy sector, Minister of Energy, Engineer Kumara Jayakody, has tendered his resignation from his ministerial post. Simultaneously, Professor K.T.M. Udayanga Hemapala, Secretary to the Ministry of Energy, has also stepped down. Minister Jayakody stated that his decision was driven by the need to ensure independence and impartiality in upcoming […]
PUCSL Excludes Coal Quality Costs from Tariff Revisions
The Public Utilities Commission of Sri Lanka (PUCSL) has announced that additional costs arising from coal quality will not be factored into future electricity tariff revisions. In its latest decision, the Commission emphasized that only reasonable costs directly related to the generation, transmission, and distribution of electricity will be considered when revising tariffs. PUCSL clarified […]