Category: Power
Sri Lanka needs consistent energy policy to attract investors: Prof Samarajiva
Oct 09, 2019 (LBO) – Sri Lanka is in the need of consistent and solid policies in order to attract investors and planned infrastructure framework which should not be changed from government to government, a regulatory expert said. “Infrastructure should not have politics associated with it. Because governments come and governments go but it takes […]
‘s can create efficient energy sector through stakeholder dialogue
Oct 08, 2019 (LBO) – Sri Lanka should have a dialogue among all the stakeholders as to how to move forward and create an efficient energy sector that ensures energy security, environment friendliness, a senior official said. “The energy sector in Sri Lanka is sensitive to many factors,” Prof. Kithsiri M. Liyanage, chairman of the […]
CCC biz conclave draws foreign participants for agri, power , tourism, exports, infrastructure
Sep 09, 2019 (LBO) – The Sri Lanka Investment and Business Conclave 2019 has shown a rise in interest for agriculture, power and energy, infrastructure development, export manufacturing/services, knowledge services and tourism/leisure by delegates registered to date to attend. Foreign companies interested in investing in Sri Lanka are also keen on agriculture, tourism and leisure, export services […]
Japan’s SBI group invests USD2Mn in Sunshine Energy
Jul 29, 2019 (LBO) – Japan’s SBI Group will be investing US 2 million dollars in Sunshine Energy to further expand on renewable energy production, a statement said. Sunshine Holdings PLC (CSE: SUN) announced that SBI Ven Holdings (Pte) Limited, the overseas private equity firm of SBI Holdings Inc., has invested US 2 million dollars […]
Sri Lanka needs to improve energy sector governance: Dr Priyantha Wijetunga
Jul 19, 2019 (LBO) – Sri Lanka has a long way to go when it comes to energy sector governance Director, Asian Development Bank, South Asia Energy Division, Dr Priyantha Wijetunga at the ‘techno’ 2019 launch at Marino Beach Colombo held recently. “With all advancement and with all progress in the energy sector in various […]
PUCSL, Moratuwa Uni to introduce self-powered housing model for low-income households
July 16, 2019 (LBO) – Sri Lanka’s electricity sector regulator, Public Utilities Commission signed a Memorandum of Understanding with Moratuwa University yesterday to introduce a self- powered housing model for low-income households. The aim is to provide the best architectural housing structure with the use of maximum daylight for low-income households. “Energy Conservation is one […]
Minister seeks cabinet intervention as consumer group charges CEB over salary hike
Jun 25, 2019 (LBO) – Sri Lanka’s Power Minister is reportedly to present a cabinet paper to obtain the approval of the cabinet to rectify the errors in relation to the creation of a Unified Engineering Service and related salary scales in the state-owned Ceylon Electricity Board. The move came after the Appeal Court on […]
Sri Lanka reduces electrocutions by 50-pct in 2018
Jun 05, 2019 (LBO) – Sri Lanka reduced electrocutions by 50 percent to 89 electrocutions in 2018 compared with the electrocutions reported in 2012, the Electrocution Report 2018 by Public Utilities Commission of Sri Lanka (PUCSL), the regulator for electricity industry says. Sri Lanka reported 180 electrocutions in the year 2012. According to the international […]
Vidullanka commissions its first ever biomass based power project
May 31, 2019 (LBO) – Vidullanka in its latest announcement to the CSE, disclosed the commissioning of the development of the 3.3MW Dehiattakandiya Dendro power plant to the national grid through its joint venture company, Vidul Biomass (Pvt) Ltd. The project is a 1.45 billion rupees investment jointly undertaken by Vidullanka and OC Energy Lanka […]
Sri Lanka discusses partnership modalities for proposed Oil Refinery with Oman
May 08, 2019 (LBO) – Sri Lankan government has carried out discussions with the Omani counterparts on the possible modalities of strategic partnership in the proposed Greenfield Oil Refinery to be established in Hambantota. The BOI said in a statement that Ministers Malik Samarawickrama, Kabir Hashim and Rishad Bathiudeen and the Chairman of BOI Mangala Yapa […]
Sri Lanka’s first 100MW floating solar power plant before November
Apr 09, 2019 (LBO) – Sri Lanka’s Power Ministry and the Canadian Commercial Corporation, the Crown Corporation of the government of Canada on Tuesday signed a memorandum of cooperation for the joint development of a floating solar photovoltaic power project to be located on the Maduru Oya reservoir. Construction work of Sri Lanka’s first floating […]
CEB Eng Union points fingers at PUCSL and Snr. Govt officials for power crisis
Apr 04, 2019 (LBO) – The power crisis in the country is mainly due to the timely non approval of the `Least Cost Long-Term Generation Expansion Plan’ (LCLTGEP) by the Public Utilities Commission (PUCSL) and interference of top officials in the power ministry. “We put 50 percent of the blame for causing this current crisis on the PUCSL,” Saumya […]