Category: Power
Distributors smuggle Rs10mn worth fuel on the day prices hiked
May 17, 2018 (LBO) – Ceylon Petroleum Storage Terminal (CPSTL) has incurred a loss of around 10 million rupees on the day fuel prices hiked.Initial investigation has revealed that 52 bowsers from Kolonnawa and 22 bowsers from Muthurajawela terminal have released fuel using the ‘Same Day System’.As per the accepted practice, same day orders should […]
Resus Energy to add more hydro power to national grid
Hydro electricity is the oldest and the principal source of electricity generation in Sri Lanka. Its unique geography renders the country perfectly suited for hydropower generation through large scale and mini hydropower plants. Joining the latest technologies with an environmentally responsible business proposition to generate renewable and sustainable energy, Resus Energy PLC operates several such […]
Sri Lanka’s CEB threaten TU action, Says not liable for inconvenience to public
Apr 17, 2018 (LBO) – Sri Lanka’s Ceylon Electricity Board Engineers Union (CEBEU), of the state owned electricity supplier Ceylon Electricity Board (CEB) is to take a trade union action from 20th April against its regulator Public Utilities Commission of Sri Lanka demanding the approval CEB’s power generation plan. The regulator amended and approved the […]
‘s Norochcholai power plant shuts down temporarily
Apr 12, 2018 (LBO) – The unit one of Lakvijaya power station which is also known as the Norochcholai power station has been shut down following the release of harmful emissions from its smokestack. The provincial environmental authority of North Western province has asked the Norochcholai plant to be shut down from yesterday evening (11/4/18), an official […]
Sri Lanka plans to issue licenses for electricians from October
Mar 23, 2018 (LBO) – Sri Lanka’s electricity sector regulator, Public Utilities Commission is planning to implement a mechanism to establish an accepted professional status for electricians in the country by issuing licenses from 1st of October 2018. The proposed mechanism plans to establish this status by accrediting the qualifications and experience of the electricians. Director General […]
Sri Lanka to get USD100Mn from India for solar projects
Mar 14, 2018 (LBO) – The Indian government announced a Line of Credit for US 100 million dollars to finance solar power projects in Sri Lanka, during a visit of President Maithripala Sirisena to India, recently. The project includes development of 200,000 rooftop solar units for low income families (for US 50 million dollars) and setting up of […]
Solar Alliance will create a greener, cleaner, healthy world: President
Mar 12, 2018 (LBO) – Sri Lanka’s President Maithripala Sirisena expressed confidence that the International Solar Alliance (ISA) would showcase the power of the countries involved to bring about solutions to create a greener, cleaner and a healthy environment for people of this world.Addressing the Founding Conference of the ISA Summit in New Delhi today […]
Laugfs Gas restructures to create opportunities for investors and foster growth
Mar 07, 2018 (LBO) – Sri Lanka’s a Laugfs Gas PLC announced a strategic restructuring to consolidate dominance in energy operations and create opportunities for investors to invest in individual businesses and foster concentrated growth opportunities, a senior official said Tuesday. “Once the segregation is completed by 31st March as expected, all different entities will […]
Sri Lanka to establish accepted professional status for electricians
Mar 05, 2018 (LBO) – Sri Lanka’s power regulator said it will establish an accepted professional status for electricians in the country through accrediting their qualifications and experience. The proposed mechanism was developed by Public Utilities Commission of Sri Lanka (PUCSL) in collaboration with the Institution of Engineers Sri Lanka (IESL), Tertiary, Vocational Education Commission […]
Cabinet approves proposal to conduct feasibility for India, Japan aided LNG terminal
Feb 28, 2018 (LBO) – Sri Lanka’s cabinet on Tuesday approved a proposal to conduct a feasibility study for the proposed Liquefied Natural Gas (LNG) Terminal and the Floating Storage Regasification Unit (FSRU). Accordingly, Sri Lanka will sign a tripartite MoU with India and Japan soon to conduct a feasibility study. Cabinet has also decided […]
Innovative Smart Solutions to revive electronic manufacturing in Sri Lanka
Feb 16, 2018 (LBO) – Innovative Smart Solutions (Pvt) Limited (iS2) launched their ‘SmartHome’ product line under the brand name Ape with the intention of reviving electronic manufacturing in Sri Lanka, in Colombo recently. Ape users will be able to control their electrical devices such as lights, fans etc. remotely using their mobile phones. The […]
Sri Lanka signs the Framework Agreement on International Solar Alliance
Feb 02, 2018(LBO) – The High Commissioner for Sri Lanka in India, Chitranganee Wagiswara signed the Framework Agreement of the International Solar Alliance (ISA) at the Ministry of External Affairs of India in New Delhi, recently. Once the Agreement is ratified, Sri Lanka will become a founding member of the International Solar Alliance. With a […]