Category: Power
‘s prospects for LNG investment high, especially from Japan: advisory firm
Nov 16, 2016 (LBO) – Sri Lanka’s prospects for attracting investments in LNG, power plants, and natural gas infrastructure are good, especially if the island looks towards Japan, a global advisory firm said. Sri Lanka enjoys “Comprehensive Partnership” status with Japan, supported by close ties between Prime Minister Ranil Wickremesinghe and Japanese Premier Shinzo Abe, […]
Interview: Strength of potential partners key to LNG negotiations, says PRDS DG
Nov 08, 2016 (LBO) – The reputation and financial strength of potential partners is key to developing Sri Lanka’s LNG infrastructure, according to the head of the Petroleum Resources Development Secretariat (PRDS). “Introducing a new energy form of LNG and building up end-user dependency on it requires a low-risk approach to supply assurance,” Saliya Wickramasuriya, […]
India’s sub-sea power cable can be a solution for Sri Lanka: PUCSL
Oct 28, 2016 (LBO) – The planned laying of a sub-sea electricity cable to transmit power from India to Sri Lanka can be one solution to the island’s looming power crisis, a senior official said. “We see this as a solution, the Indo-sea cable has been in discussion for some time with a pre-feasibility also […]
Sri Lanka appoints committee to look at Norochcholai issues
Oct 25, 2016 (LBO) – Sri Lanka’s power regulator, the Public Utilities Commission, has appointed another three member committee to investigate the recent break down of Lakvijaya coal power plant in Norochcholai. The committee will be chaired by Shibly Aziz, former Attorney General and President Counsel and include R I Senaratne, head of the Department […]
Sri Lanka introduces electronic card to charge electric vehicles
Oct 24, 2016 (LBO) – Sri Lanka’s Power Ministry has introduced a new rate structure and an easy-to-use electronic card when charging electric vehicles. As per the new rates system, consumers will have the option of getting much lower rates for charging at off peak hours. The new tariff system proposed by the Ceylon Electricity […]
Opinion: Is electricity from Norachcholai coal power plant cheap?
By Vidhura Ralapanawe CEB (and the CEBEU) has been touting a cost of 5-6 Rupees for Norachcholai, saying that it is cheap. PUCSL approves the CEB’s bulk supply tariff every six months, and based on the last such approval, the fuel cost is Rs 5.75/kWh (based on a USD80/tonne delivered), the fixed cost (maintenance, salaries […]
‘s power users to be compensated for damages: PUCSL
Oct 19, 2016 (LBO) – Sri Lanka’s electricity consumers will be compensated for the damages to equipment due to abnormal voltages and phase reversals in the distribution systems from 13th January 2017, the power regulator said. The implementation of the regulation will be completed in three stages over three years from the day the regulations […]
Sri Lanka’s Power Ministry releases reduced power cut schedules
Oct 18, 2016 (LBO) – Sri Lanka’s Power Ministry has released new power cut schedules after the initial 3.5 hours power cut was reduced to 1.5 hours power cut. The Power and Renewable Energy Ministry said that a one hour power cut will be imposed during the day time, and a half-an-hour cut will be […]
Sri Lanka’s CEB imposes 3.5 hour power cuts except in Colombo CMC
Oct 17, 2016 (LBO) – Sri Lanka’s Ceylon Electricity Board has imposed a 3.5 hours power cut in the island except in Colombo city following the technical breakdown of Norochcholai Lakvijaya coal power plant. The Power and Renewable Energy Ministry said in a statement that a 2 1/2 hours power cut will be imposed during the […]
CEB to borrow USD150mn from ADB with treasury guarantee
Oct 05, 2016 (LBO) – Sri Lanka’s state-run Ceylon Electricity Board is to borrow 150 million US dollars from ADB through a treasury guarantee for the implementation of the green power development and energy improvement investment project. The programme is to broaden electricity transmission infrastructure, increase efficiency of the medium voltage network, implement demand based […]
Sri Lanka’s Power Ministry rules out electricity tariff increase
Oct 04, 2016 (LBO) – Sri Lanka’s Power Ministry has informed the Public Utilities Commission that they are not expecting to increase electricity tariffs to cover up a possible increase of cost. The cost of electricity production for the six month period starting from this month is expected to increase due to drought and special […]
Sri Lanka’s CEB proposes tariff increase or subsidy to cover revenue gap
Oct 03, 2016 (LBO) – Sri Lanka’s state-run Ceylon Electricity Board has proposed that the power regulator approves a uniform tariff or a subsidy through the budget to ensure financial viability of the sector. In a letter to the Public Utilities Commission, the CEB said that in August, PUCSL requested an End User Tariff proposal […]