Category: Power

Apr 04, 2013 (LBO) – Sri Lanka should push harder on cutting peak power demand as ‘average’ costs are meaningless and trimming the most expensive 5.0 percent of energy has the potential to eliminate losses at Ceylon Electricity Board, a think tank has said.About 17 percent of the generation costs of state-run Ceylon Electricity Board […]

Apr 04, 2013 (LBO) – Sri Lanka’s power utility should stop subsidizing places of religious worship which had their own methods of deriving income and some were operating commercial businesses, respondents at a hearing on a tariff hike said. “Places of worship are given power at very low rates and I do not think it […]

Apr 02, 2013 (LBO) – Industries will get an annual subsidy of nearly 15 billion rupees even after a tariff hike proposed from April, hotels will be marginally subsidized and customers classified as general purpose pay in excess of costs, an analysis by the regulator shows. A document prepared ahead of a public consultation scheduled […]

Apr 02, 2013 (LBO) – Hydro power generation has picked up sharply in Sri Lanka allowing state-run Ceylon Electricity Board to cut thermal power, while demand was barely growing in January 2013, official data shows.Total power generation in the month rose just 0.6 percent to 987 GigaWatt hours (millions of units of electricity) from a […]

Mar 31, 2013 (LBO) – Sri Lanka’s power regulator had directed state-run Ceylon Electricity Board to cut penalties on late payers and also halted penal interest accruing after disconnection. The CEB has also been directed to come up with a plan to pay interest on customer security deposits held by the power firm.The power utility […]

Mar 30, 2013 (LBO) – Sri Lanka’s combined cycle power plants which are supposed to be efficient and cheaper have turned out to be more expensive than internal combustion plants, published data show. According to a consultation document released by the Public Utilities Commission, Sri Lanka’s power regulator, private plants running IC engines including Heladanavi […]

Mar 21, 2013 (LBO) – Sri Lanka state-run Ceylon Electricity Board is planning a 500 MegaWatt eco-friendly coal plant in Ahuruwella, Induruwa in the southwest coast, the island’s power ministry said. Another two 300MW plants are being built in Puttlama now. A power ministry statement quoted power minister Pavithradevi Wanniarachchi as saying that the plant […]

Mar 13, 2013 (LBO) – Sri Lanka’s Public Utilities Commission, the island’s power regulator says it had dis-allowed 40 billion rupees of costs filed by state-run Ceylon Electricity Board, before seeking public comments on a proposed tariff hike. The Ceylon Electricity Board initially filed costs 268 billion rupees to produce 10, GigaWatt hours (millions of […]

Mar 11, 2013 (LBO) – Sri Lanka’s state-run Ceylon Electricity Board has sought increases in tariffs of over 100 percent for some categories for 2013, while keeping tariffs for places of worship and some industries at steeply subsidized levels. Places of religious worship, would continue to get the cheapest power, paying between 1.90 to 7.00 […]

Feb 22, 2013 (LBO) – India’s state-run National Thermal Power Corporation (NTPC) may pullout of a 500 MegaWatt coal power plant joint venture with Sri Lanka’s state-run Ceylon Electricity Board, a media report said. India’s Financial Express newspaper in an online report said NTPC had sought permission from Indian authorities to withdraw two of its […]

Feb 22, 2013 (LBO) – Sri Lanka’s power regulator has trimmed 33 billion rupees or about 12 percent of expenses proposed by the state-run Ceylon Electricity Board in the second step to revising power tariffs.Large volumes of bank loans taken to subsidize energy from mid 2011, which were ultimately accommodated with central bank credit (printed […]

Feb 14, 2013 (LBO) – Sri Lanka’s economy will be stable and more domestic resources will be available for high value spending if energy prices are adjusted to match import costs, the International Monetary Fund had said.“Step number one could be to adjust prices closer to cost-recovery, if not have cost recovery,” IMF mission chief […]