Category: Power

May 23, 2008 (LBO) – Sri Lanka has awarded a contract for rural solar electrification to Australia’s BP Solar, a senior government minister said. The local government ministry said in a note to cabinet that the contract to BP Solar (Pty) Ltd of Sydney was recommended by a cabinet appointed negotiation committee. The scheme will […]

May 22, 2008 (LBO) – Sri Lanka’s national grid operated by the Ceylon Electricity Board (CEB) hit a new night peak demand of 1922MegaWatts on May 21, an official of the island’s state run power utility said. The night peak was reached on the first working day after Vesak, a Buddhist religious holiday which is […]

April 28, 2008 (LBO) – Sri Lanka was plunged in darkness shortly after nightfall Monday as the power grid operated by state-run Ceylon Electricity Board (CEB) failed for the third time this year. Pulleperuma said the cause for the failure would be investigated later. CEB General Manager Ranjith Pulleperuma said power had failed to most […]

April 19, 2008 (AFP) – Iran’s President Mahmoud Ahmadinejad will travel to Sri Lanka later this month to inaugurate construction of an Iranian-funded hydroelectricity project, the government said on Friday.Iran is paying for the 450-million-dollar Uma Oya power project which is slated to produce 100 megawatts of electricity annually. “The Iranian president will be arriving […]

April 13, 2008 (LBO) – Sri Lanka’s national power grid operated by state-run Ceylon Electricity Board (CEB) failed late morning Sunday as the island was preparing to celebrate a local New Year festival. By 11.30 am the power utility had started restoring supply to part of the capital Colombo. Officials said a generator in the […]

April 03, 2008 (LBO) – Sri Lankan apparel exporter MAS Holdings has signed up with a hydro power firm to buy electricity for an eco-friendly plant in a bid to reduce fossil fuel based energy use, an official said. . Under a five year deal, Nilwalabase Hydro Power Limited will supply between 2.5 to 4.0 […]

March 16, 2008 (LBO) – An India state-run firm that is preparing a feasibility study on an undersea power cable to Sri Lanka has said the project could be completed in 40 months if given the go ahead, a media report said. India’s The Hindu Business Line newspaper said a detailed report is being prepared […]

Mar 14, 2008 (LBO) – Sri Lanka is committed to keep power flowing through the country at market prices rather than rationing electricity to reduce losses and consumption, a senior minister said. . “The government is committed to a policy of supplying electricity even at a high price, because the cost of having power cuts […]

March 14, 2008 (LBO) – Sri Lankan mini-hydro power firm Vallibel Power Erathna is selling five million shares of another hydro firm at 37 rupees apiece to an undisclosed firm, the company said. Vallibel Power Erathna runs a 9.9 MegaWatt mini-hydro plant. The company’s shares traded flat at 2.30 rupees on Wednesday. Vallibel Erathne said […]

Mar 13, 2008 (LBO) — Sri Lanka would raise power tariffs from March 15 by slapping a 30 percent fuel recovery charge on most users and taking away subsidies now given to industries and religious institutions, a senior minister said.“This government is already giving a fertilizer subsidy to farmers and building infrastructure, so we cannot […]

Mar 04, 2008 (LBO) — Sri Lanka’s state-run power utility needs a management overhaul with input from finance, legal and information technology disciplines and tariff reforms to shift demand, its chairman has said in a detailed report.If tariffs could be used to shift demand, the CEB’s overall capital costs would come down and industry would […]

Feb 06, 2008 (LBO) – Sri Lanka’s power ministry is backing a proposal by the state-run Ceylon Electricity Board (CEB) to raise tariffs by around 30 percent to avoid a projected loss of more than 42 billion rupees in 2008. “The suggestion is something like 25 percent and there will be a fuel adjustment rate,” […]