Fitch affirms Ceylon Electricity Board at ‘AA+(lka)’; outlook negative
Nov 20, 2020 (LBO) – Fitch Ratings has affirmed Sri Lanka-based Ceylon Electricity Board’s (CEB) National Long-Term Rating at ‘AA+(lka)’ …
Power
Construction work of Sri Lanka’s first LNG power plant to kick-off this month
Nov 05, 2020 (LBO) – Construction work on the Lakdanavi Liquefied Natural Gas (LNG) power plant is expected to begin in late November, making clean energy …
Fitch publishes Lakdhanavi Limited’s first time ‘AA+(lka)’ rating
Oct 11, 2020 (LBO) – Fitch Ratings has published Sri Lanka-based power producer Lakdhanavi Limited’s first-time National Long-Term Rating of …
PUCSL launches mobile service to solve electricity consumer complaints
Sep 21, 2020 (LBO) – The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator together with Ceylon Electricity Board (CEB) and …
Cabinet approves proposal to find an investor for new 300MW LNG plant in Kerawalapitya
Sep 17, 2020 (LBO) – The Cabinet of Ministers have approved a proposal to find an investor for the second 300MW combined cycle LNG power plant in …
165 MW to be restored to national grid soon from Kelanitissa: Power Minister
Sep 16, 2020 (LBO) – The Minister of Power and Energy, Dullas Alahapperuma has instructed the officials of the Kelanitissa Power Plant to restore the …
70-pct of electricity demand will be generated using renewable energy by 2030
President Rajapaksa directed that the plans should be devised to meet 70% of the country’s electricity demand using renewable energy sources by the year …
UNDP and Brandix partner to promote Sustainable Biomass Energy in Sri Lanka
Sep 14, 2020 (LBO) – The United Nations Development Programme (UNDP) partnered with Brandix Apparel Limited to promote renewable energy in Sri Lanka through …
ADB to formally withdraw from financing new coal-fired energy projects
Aug 31, 2020 (LBO) – Independent Evaluation at the Asian Development Bank (ADB) recommends that the bank revisit its energy policy and formally withdraw from …
Pearl Energy to set up LNG Hub in Hambantota; aims LNG trading in the region
Aug 24, 2020 (LBO) – The Board of Investment of Sri Lanka has signed an agreement with Pearl Energy (Pvt) Ltd to launch ‘Hambantota LNG Hub’ – A …
Ceylon Electricity Board announces power cut schedule
Aug 18, 2020 (LBO) – Ceylon Electricity Board says they are currently experiencing a severe capacity deficit due to the unavailability of Lakvijaya Power …
Sri Lanka electricity generation down 22.7-pct in Apr 2020
Jun 21, 2020 (LBO) – Sri Lanka’s total electricity generation (excluding non- conventional electricity as solar, wind, mini-hydro & biomass) stood …
PUCSL to fine-tune externality, social and environmental cost of thermal power generation
Jun 12, 2020 (LBO) – The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator, is all set to fine-tune the externality cost …
PUCSL to resolve consumer complaints and address lube and electricity industry inquiries online
Jun 01, 2020 (LBO) – The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator and the shadow regulator of the lubricant …
Guidelines on issuance and payment of power bills during Covid and immediately after
May 15, 2020 (LBO) – These guidelines include the interim measures suggested to be followed by Ceylon Electricity Board (CEB) and Lanka Electricity …
Grace period to pay electricity bills; guidelines to calculate bills on pro-rata basis
May 14, 2020 (LBO) – The Public Utilities Commission (PUCSL), Ceylon Electricity Board (CEB) and Lanka Electricity Company (LECO) have taken steps to ensure …
PUCSL extends electrical and plumbing issues
Apr 14, 2020 (LBO) – A special service to provide solutions for electrical systems and plumbing issues of households during the curfew period which has …
Sri Lanka to set up crude oil price stabilization fund
Mar 19, 2020 (LBO) – Sri Lanka will set up a crude oil price stabilization fund to absorb the shocks in global price fluctuations without changing the local …
Women in the workforce and why it matters for Sri Lanka: World Bank
To mark this year’s International Women’s day, we’re discussing how Sri Lanka can benefit from more women joining the workforce and what can be done …
Fitch rates Ceylon Electricity Board’s proposed debentures ‘AA+(lka)’
Fitch Ratings has assigned Ceylon Electricity Board’s (CEB: AA+(lka)/Negative) proposed senior unsecured debenture issue of up to LKR20 billion a …