Sri Lanka power generation positive in March

June 12, 2013 (LBO) – Sri Lanka’s power generation rose 02 percent in March 2013 to 1,057 GigaWatt hours (millions of units) from a year earlier, recovering from a slump in February official data showed.In February 2013 power generation fell 1.4 percent to 913 GWh from a year earlier. In February 2012, Sri Lanka raised […]

Sri Lanka hotels have room to cut running costs with less energy, water: IFC study

June 04, 2013 (LBO) – Sri Lanka’s larger hotels are starting to use energy and water saving technology but there is potential to save operating costs including in those under construction, a study has found. International Finance Corporation a World Bank unit said among the three, four and five star hotels surveyed good practices were […]

China offered to make Sri Lanka coal plant an IPP: minister

May 26, 2013 (LBO) – China offered to make a 300 MegaWatt coal fired power plant, which has been hit by a series of shutdowns, an independent power producer (IPP), a government minister said.Power sector officials have said that the frequent ‘breakdowns’ were partly due to the relative inexperience of engineers operating the plant as […]

Sri Lanka hydro reservoirs get highest inflows in single day

May 14, 2013 (LBO) – An Indian Ocean cyclone named after an ancient Sri Lankan king who is famed for building irrigation tanks had brought the highest water inflows in a single day to the island’s hydro power storage system. More water from yesterday’s rain held in catchment areas are expected to flow into the […]

Sri Lanka electricity tariffs hiked on earlier charging system

May 9, 2013 (LBO) – Sri Lanka’s Public Utility Commission has set electricity tariffs reverting to an earlier system of charging by slabs, responding consumer comments at a public hearing.The regulator also made no change to users of up to 60 units complying with a speech made by President Mahinda Rajapaksa on May Day following […]

Sri Lanka electricity rate change to cut revenues by Rs8.0bn: report

May 03, 2013 (LBO) – A change made to an electricity tariff hike from April 2013 will reduce expected revenues by 8.0 billion rupees a year, a media report said.In 2012 the CEB lost 61 billion rupees. This year the loss increased partly due to an increase in furnace oil prices which in turn would […]

‘s Chinese coal plant giving cheaper power: CEB engineers

May 03, 2013 (LBO) – A Chinese financed and built plant at Sri Lanka’s state-run Ceylon Electricity Board, is generating power at a lower cost and defects are being gradually rectified, officials of the utility’s engineers union said. The coal plant is expected to generate about 1,800 to 1,900GigaWatts of energy this year, out of […]

Sri Lanka hiked electricity tariffs not to apply to low users

May 01, 2013 (LBO) – An electricity tariff hike from April will not apply to users below 60 units and users up to 180 units will get a lower increase than determined earlier, President Mahinda Rajapaksa has told a May Day rally in Colombo. Sri Lanka raised power tariffs from April 2012 with users up […]

Sri Lanka may reduce electricity tariff increase: report

Apr 30, 2013 (LBO) – Sri Lanka may moderate an increase in electricity tariff imposed from April 2013 amid growing opposition, a media reports said. Sri Lanka’s privately owned The Daily Mirror newspaper quoted power ministry secretary M M C Ferdinando as saying there may be possibility of cutting the tariffs. The Lankadeepa newspaper said […]

Sri Lanka opposition says bulk of costly IPPs outside their remit

Apr 26, 2013 (LBO) – Most of Sri Lanka’s private power production capacity has been signed up by state-run Ceylon Electricity Board, outside their administrations and the problems are with ‘negotiated’ plants, an opposition legislator said.Coolair 2005 (not in operation) and Aggreko 2005 and the controversial West Coast Kerawalapitiya the largest ever private plant of […]

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Apr 26, 2013 (LBO) – Sri Lanka’s main opposition United National Party said a power tariff hike could have been imposed without an increase on small users to get the same revenue. Opposition legislator Harsha de Silva proposed an alternative pricing structure Friday which avoids raising tariffs for those using 90 units or below and […]

‘s Hemas buys into Panasian Power

Apr 24, 2013 (LBO) – Sri Lanka’s Hemas Power Plc has bought a 20 percent stake in Panasian Power for 300 million rupees, upping the group stake to 29.3 percent, the company said. The 100 million share stake was bought for 3.00 rupees each from Power Hub International Sdn, Bhd, Malaysia. Hemas Power subsidiaries Okanda […]

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