Category: Power

Mar 24, 2015 (LBO) – Sri Lanka’s new government targets 100 percent clean indigenous energy to develop the island as a green country while importing fossil fuel, an official from the Ministry of Power and Energy said. “We want to develop the country but it has to be more green and environment friendly development,” Suren […]

July 21, 2014 (LBO) – Asian Development Bank is financing a 30MegaWatt hydro plant with a 150 million US dollar credit, and the project will have measures to protect an endangered fish in the river.The Moragolla hydro power plant is estimated to generate 97.7 GigaWatt hours (millions of units of electricity) of energy a year, […]

July 01, 2014 (LBO) – Sri Lanka’s state-run Ceylon Electricity Board has lost 18. 9 billion rupees in the first four months of 2014, amid higher thermal generation, a finance ministry report said. CEB started operating a second coal plant and a third 300 MegaWatt generator is expected to begin testing later this year. The […]

June 17, 2014 (LBO) – A remote area where indigenous original inhabitants of Sri Lanka are living will get electricity later this month, as plans are on track to electrify the entire island, the power ministry said. Sri Lanka’s indigenous people are known as Veddah’s while they refer to themselves as Wannielaaththo or people of […]

June 5, 2014 (LBO) – Sri Lanka’s state-run power utility has included natural gas in power generation planning studies for the first time, with prospects of gas being found in the country.In one study scenario where no coal plants after the current ones being planned for Trincomallee, the Ceylon Electricity Board’s long term generation plan […]

June 03, 2014 (LBO) – Sri Lanka-based LTL Holdings has won an order to supply more than a 1000 transformer to the Nepal Electricity Authority (NEA), a media report said. The report said Nepal needs 2,000 to 3,000 and the power authority. “It has been more than two years since the NEA last purchased transformers,” […]

May 6, 2014 (LBO) – Sri Lanka and India has held discussions on civil nuclear technology to hammer out a deal on bilateral co-operation, India’s High Commission (embassy) in Colombo said.The Indian delegation to Colombo made up of representatives of Department of Atomic Energy of India was led by Amandeep Singh Gill Joint Secretary (Disarmament) […]

Apr 14, 2014 (LBO) – Sri Lanka’s central bank has sounded a note of caution of caution over the rising burden of renewable power on consumers as the proportion of non-conventional renewable power (NCRE) increases in the grid.Mini-hydro feed in tariffs are among the cheapest.Almost all sources non-conventional of renewable power except waste heat are […]

Apr 11, 2014 (LBO) – With a second 300 MegaWatt power plant beginning test runs, more than one third of Sri Lanka’s daily electricity needs are now being generated from coal-fired energy, official data show.On the April 09, out of the daily energy requirement of 35.6 GigaWatt hours (millions of units of electricity), 35.6 percent […]

Apr 11, 2014 (LBO) – Sri Lanka Ceylon Electricity Board has made operating profits of 24.6 billion rupees in 2013, the Central Bank said, amid reports that it had lost 24.3 billion rupees in the first quarter of 2014 due to a drought. In 2013 power sales had rise 1.4 percent to 10,475 GigaWatt hours […]

Apr 07, 2014 (LBO) – Sri Lanka’s Lankem Ceylon Plc said it is buying a 43.5 percent stake in Waverly Power (Pvt) Ltd, a hydro electricity company for 102 million rupees.The stake was held by another Lankem unit, Agarapatana Plantations Ltd, Lankem said in a stock exchange filing. Agarapanta is not a listed company. Prior […]

Mar 31, 2014 (LBO) – Sri Lanka’s state-run Ceylon Electricity Board has lost over 24 billion rupees in the past quarter with low rainfall hitting hydro power, a media report said, raising concerns over credit expansion and exchange rate stability.The Sunday Times newspaper quoting a letter written by CEB General Manager Shavi Fernando said CEB […]