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 plants built in 2013, up 28 percent amid steep currency depreciation, a tariff decision by the regulator showed. Sri Lanka’s Public Utilities Commission had used an exchange […]

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 state energy enterprises to keep the economy stable, top officials said. State-run Ceylon Petroleum Corporation ran up losses as it subsidized state-run Ceylon Electricity Board. The CEB […]

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 earlier which was also a drought year, the island’s power ministry said. “We are not cutting power like in India,” the minister was quoted as saying. “That […]

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 former war zones and for pilot rooftop solar panel installations. The regional lender said the financing will help the government reach its target of cutting system losses […]

Sri Lanka to connect former war zone to national power grid

Sept 21, 2012 (LBO) – Sri Lanka’s state-run Ceylon Electricity Board will connect the northern Jaffna peninsula to the national power grid on September 25, with the commissioning of a power line to the north, officials said. Next year a high tension 132kVA transmission standard line from Kilonocchi to Chunnakham is to be commissioned along […]

Sri Lanka power generation up 5.6-pct in first half

Sept 17, 2012 (LBO) – Sri Lanka’s power generation rose 5.3 percent to 5,875 GigaWatt hours (millions of units) in the six month to June from a year earlier, while growth during the month was 2.0 percent, official data shows. During the month of June power generation rose 2. 0 percent to 982GWh. CEB’s hydro […]

Sri Lanka evaluating floating LNG terminal: minister

Sept 13, 2012 (LBO) – Sri Lanka is evaluating a proposal to build a floating liquefied natural gas terminal to supply over 1,000MegaWatts of combined cycle power plants that are running on furnace oil and a planned new one, minister Champika Ranawaka said. Another 300MW power plant was also planned in Kerawalapitiya, he said. “We […]

Sri Lanka working with China to clear coal plant hitches

Sept 12, 2012 (LBO) – Sri Lanka’s state-run Ceylon Electricity Board and a Chinese contractor is working to rectify problems with the island’s first coal power plant and changes will be made to two others that have not yet been finished, officials said. He said Chinese and Sri Lankan engineers had come up with reports […]

Sri Lanka halts power cuts

Sept 06, 2012 (LBO) – Sri Lanka has halted daily power cuts that came into effect last month after a coal fired power plant that was crucial to the system broke down, until further notice, the ministry of power and energy said. Data from the Ceylon Electricity Board shows about 25 percent of the energy […]

Sri Lanka renewable energy firms demand higher tariffs after depreciation

Aug 29, 2012 (LBO) – Sri Lanka’s renewable energy firms have demanded higher tariffs after the rupee depreciated and interest rates rose following a balance of payments crisis, at a public consultation called by the power regulator. Renewable energy firms said the rupee had depreciated from 110 to over 130 (about 18 percent) over the […]

Sri Lanka coal plant: Chinese designer says accusations unfair

Aug 22, 2012 (LBO) – Sri Lanka’s Chinese built coal plant which is breaking down repeatedly has been over-used without scheduled maintenance but had still saved billions of rupees to the power utility, its designer has said. Zhao Wenxue, from the Northwest Electric Design Institute which designed the plant said in a statement that most […]

Sri Lanka says Chinese funded coal power plant to resume in fortnight

August 18, 2012 (LBO) – Sri Lanka said its 455 million dollar Chinese funded power plant will resume operation in two weeks, after its breakdown earlier in the week resulted in countrywide power cuts, a report said. “There are some technical problems in the Lakvijaya power plant. The Chinese company, the Ceylon Electricity Board and […]

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