Category: Power
CEAT goes Green in Sri Lanka with 2.4 MW solar power plant at Kelaniya
Sri Lanka’s top tyre maker CEAT Kelani Holdings has completed an investment of Rs 475.97 million in a High Tension (HT) metering roof-top photovoltaic panel solar power plant as part of the company’s efforts to reduce the carbon footprint of its manufacturing operations at its Kelaniya complex. The 2.4 MW solar power plant installed by […]
‘s power minister orders a halt to bonuses and allowances for CEB employees
Kanchana Wijesekera has instructed the Ceylon Electricity Board (CEB) to stop paying bonuses and allowances to its employees. In a letter to the CEB chairman, general manager, and directors of the board, Wijesekera said that the decision was made in order to reduce the cost of operations and administration. He added that the 25% salary […]
Sri Lanka Streamlines Renewable Energy Project Approval Process
In a move to accelerate the implementation of renewable energy projects and meet ambitious national climate targets, the Sri Lankan government has announced a new streamlined approval process. The Cabinet of Ministers, at a meeting on November 20th, 2023, approved the proposal presented by the Minister of Power and Energy to establish a combined standing […]
Breakdown at Lakwijaya Thermal Power Plant: Unit 02 Generator Shut Down for Repairs
The Lakwijaya Thermal Power Plant in Norochchole encountered an emergency breakdown in its High-Pressure Heater System, forcing the halt of the Unit 02 Generator, the Ceylon Electricity Board (CEB) said. However, the plant’s third generator has completed its Level A Major Overhaul and is undergoing testing, positioning it for swift electricity production. Despite these challenges, […]
CEB e-Billing System extended for more areas
The Ceylon Electricity Board (CEB) has announced the implementation of the CEB e-Billing system for more areas. Accordingly, customers residing in the Dehiwala, Kelaniya, Sri Jayewardenepura, Matara & Ambalangoda areas will exclusively receive their electricity bills in a digital format, either through SMS or email. This marks the discontinuation of the conventional practice of issuing […]
PUCSL electricity tariff revision discriminatory: Advocata
Electricity tariff design must meet two main objectives: firstly, raising the money needed to pay for the costs of provision, and secondly, sending the right economic signals to each customer to favour the optimal socio-economic use of electricity. To achieve the above objectives the principles that must be followed when designing tariffs are; Economic sustainability […]
PUCSL approves Electricity Tariff Revision effective from today
The Public Utilities Commission Of Sri Lanka (PUCSL) has approved the electricity tariff revision effective from Oct 20, 2023, to June 30, 2024. Tariff Structure
”; Outlook stable
Fitch Ratings has upgraded Ceylon Electricity Board’s (CEB) National Long-Term Rating and the rating on CEB’s senior unsecure debentures to ‘BB+(lka)’, from ‘B(lka)’. The Outlook is stable. The upgrade follows the 28 September 2023 upgrade of the Sri Lankan sovereign’s Long- Term Local-Currency Issuer Default Rating (IDR) to ‘CCC-‘, from ‘Restricted Default (RD)’. CEB’s ratings […]
JICA to provide Technical Cooperation in Power Sector Reforms of Sri Lanka
The Cabinet appointed a Senior Lead advisor as the Head of Power Sector Reform Secretariate, to provide Strategies to coordinate activities pertaining to the implementation of the reform process of the Power Sector. The said Senior Lead advisor’s assignment is funded by JICA, as a grant in JICA’s technical cooperation. In March 2023, the IMF […]
WindForce Commence development of 10MW Solar Power Project in Kebitigollewa
WindForce PLC achieved a significant milestone by officially signing the Power Purchase Agreement (PPA) for the development of the 10MW Kebitigollewa Solar Power Project. This momentous event marked the commencement of the project and was attended by key stakeholders, including N.S. Ilangakoon, Chairman of the Ceylon Electricity Board (CEB), Manjula Perera, Managing Director of WindForce […]
WindForce, Lakdhanavi & Singapore firm join forces on 100 MW renewable energy project with USD152Mn investment
WindForce PLC – Sri Lanka’s leader in renewable energy, in partnership with Lakdhanavi – the leading Independent Power Producer (IPP) in Sri Lanka, and The Blue Circle – a Singapore-based investment firm focused on renewable energy, has formed a consortium set to embark on a transformative power generation project that will reshape Sri Lanka’s renewable […]
Green Milestone: Hiruras Wind Power Plant Inauguration by WindForce
On August 6th, Mannar, Sri Lanka, witnessed history as the Hiruras Wind Power Plant of WindForce PLC was inaugurated. Hon. Minister Kanchana Wijesekera, Minister of Power and Energy, led the event, marking a significant stride in Sri Lanka’s renewable energy journey. Notable attendees included Hon. State Minister Indika Anuruddha, Ministry of Power officials, Ceylon Electricity […]