Sri Lanka regulator starts power price revision process
Jan 24, 2013 (LBO) – Sri Lanka’s power regulator has kicked off a process to revise tariffs saying it has received cost estimates from the main …
Power
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Sri Lanka needs price formula for petroleum, electricity: power minister
Jan 21, 2013 (LBO) – Sri Lanka needs a cost based price formula for electricity and petroleum, power minister Patali Ranawaka has said. The rupee fell …
Sri Lanka’s NDB to finance micro hydros with ADB credit
Jan 17, 2013 (LBO) – Sri Lanka’s National Development Bank said it will use a 1.29 million US dollar credit line from the Asian Development Bank to …
Sri Lanka capital power grid to be upgraded with Japan loan
Jan 17, 2013 (LBO) – Japan will provide 15.9 billion yen (23.91 billion rupees) loan to upgrade the power grid around Sri Lanka’s capital Colombo, …
Sri Lanka DSI group expands hydro investments
Jan 16, 2013 (LBO) – Sri Lanka’s DSI Holdings group, which has interests in footwear and rubber products, is investing 350 million rupees in a two …
Sri Lanka and Afghanistan seek greater economic ties
Dec 21, 2012 (LBO) – Sri Lanka and Afghanistan has agreed on measures to strengthen economic ties following a visit by foreign minister Zalmai Rassoul to …
Sri Lanka Mackwoods Energy profits down 24-pct
Dec 02, 2012 (LBO) – Profits at Sri Lanka’s Mackwoods Energy, a hydropower company fell 24 percent in the six months ending September 2012, with …
Sri Lanka electricity generation falls for second month
Nov 30, 2012 (LBO) – Sri Lanka’s electricity generation fell in absolute terms by 1.5 percent to 971 GigaWatt hours (millions of units) in …
Sri Lanka electricity supply reaches 94-pct
Nov 26, 2012 (LBO) – By the end of 2012 94 percent of Sri Lanka’s population will have access to electricity including improvements to the grid in …
Sri Lanka hydro storage declines
Nov 23, 2012 (LBO) – Storage at Sri Lanka hydro power generating reservoirs has begun to fall this week after climbing steadily during unusually heavy …
Sri Lanka’s Aitken Spence building 200MW power plants in Bangladesh
Nov 15, 2012 (LBO) – Sri Lanka’s Aitken Spence group, which has interests in tourism, logistics and power generation said it will build two oil …
Sri Lanka gives tax breaks for renewable energy
Nov 09, 2012 (LBO) – Sri Lanka has cut taxes on renewable energy equipment and given accelerated depreciation allowances for renewable energy investments …
Sri Lanka hydro capacity up to 58-pct – Update
Nov 06, 2012 (LBO) – Storage at Sri Lanka’s reservoirs have risen to 58 percent of capacity or enough to generate 738 million units of electricity …
Sri Lanka utility buys power from community hydro plant
Nov 05, 2012 (LBO) – Sri Lanka’s state-run Ceylon Electricity Board has started to purchase electricity from a community hydro power plant after …
Sri Lanka hydro power generation up on cyclonic rains
Nov 02, 2012 (LBO) – Sri Lanka’s state-run Ceylon Electricity Board has upped hydro power generation and stored more water as cyclonic rains lashed …
Sri Lanka power plant to use up to 700,000 tonnes of coal a year
Oct 17, 2012 (LBO) – Sri Lanka will use between 650,000 to 700,000 metric tonnes of coal a year for its first 300 MegaWatt coal power plant when it is in …
Sri Lanka hikes renewable energy tariffs by over 20-pct
Oct 15, 2012 (LBO) – Sri Lanka has hiked purchase tariffs for most renewable energy fuels by over 20 percent with a flat 20-year rate for new mini-hydro …
Sri Lanka has to pay more attention to pricing energy: officials
Oct 16, 2012 (LBO) – Sri Lanka has to take actions to diversify the country’s energy mix and pay more attention to pricing energy and cut losses in …
Sri Lanka inflows to hydro power plants lowest in 20-years
Oct 05, 2012 (LBO) – Water inflows to Sri Lanka’s hydro power plants up to September 2012 was the lowest in 20-years and much lower than a year …
Sri Lanka gets ADB help to cut power system losses, start solar trials
Sept 27, 2012 (LBO) – Sri Lanka will get 130 million US dollars in Asian Development Bank financing to cut losses in the power grid, expand supply to …