Sri Lanka and Qatar to sign MoU’s on Energy, diplomatic training and Water Management
Oct 23, 2017 (LBO) – The Government will ink agreements in the fields of energy, water supply and waste management and diplomatic training and …
Power
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Cabinet approves setting up 150 small scale solar power plants
Oct 19, 2017 (LBO) – Sri Lanka’s cabinet nod has been received to implement the second stage of the Suryabala Sangramaya Programme with the establishment …
Fitch publishes Ceylon Electricity Board’s AAA rating with stable outlook
Fitch Ratings Lanka has published Sri Lanka-based Ceylon Electricity Board’s (CEB) National Long-Term Rating of ‘AAA(lka)’ with a Stable …
Govt. may not implement power pricing formula in near-term
Oct 16, 2017 (LBO) – Sri Lanka’s state-owned Ceylon Electricity Board (CEB) may not implement the pricing formula in the near-term, given the political and …
Sri Lanka’s Pan Asia Bank secures USD33Mn for green lending business
Oct 11, 2017 (LBO) – Sri Lanka’s Pan Asia Banking Corporation (PABC) has secured a US 33 million dollar funding arrangement with the Global Climate …
Sri Lanka to purchase 100MW of emergency power for 6 months
Oct 04, 2017 (LBO) – Sri Lanka’s cabinet has approved a proposal to procure 100MW of electricity from private power producers for a period of 6 months with …
Sri Lanka’s long awaited LNG discovery to come into operation by 2021
Oct 03, 2017 (LBO) – Sri Lanka plans to commercialize the natural gas discoveries in one of the gas blocks in the Mannar Basin by 2021, Petroleum …
PUCSL warns of shortcomings in Sri Lanka’s power supply : Report
Sept 20, 2017 (LBO) – Public Utilities Commission of Sri Lanka (PUCSL), the island’s power regulator has warned of serious consequences to be …
Sri Lanka accepts power generation with LNG as policy
Aug 30, 2017 (LBO) – Sri Lanka’s cabinet on Tuesday officially accepted generating electricity with Liquid Natural Gas and providing required …
Panasian Power plans two mini hydro plants in Nuwara Eliya
Aug 21, 2017 (LBO) – Panasian Power has announced the acquisition of Lower Kotmale-Oya Power Two (Pvt) Ltd to construct two mini hydro-power plants (MHP) …
Proparco (AFD) grants €20mn loan to DFCC to promote alternate energy, SME
Aug 11, 2017 (LBO) – DFCC Bank has been granted a long term loan of €20 million by Proparco, a subsidiary of Agence Française de Développement (AFD), …
Sri Lanka to kick off solid waste plants with USD193 mln investment
Aug 10, 2017 (LBO) – Sri Lanka will see two solid waste-to-energy power plants starting construction as two public-private partnership (PPP) projects in …
Sri Lanka’s public institutions to go solar: Minister
Aug 09, 2017 (LBO) – Sri Lanka’s cabinet has given the go ahead to budget and establish panels to generate solar power on the roofs of all public …
Perkins and Sterling & Wilson Group strengthen partnership in Sri Lanka
Aug, 08 2017 (LBO) – The industrial policies in Sri Lanka have always encouraged investment in industries, making the country an important market for …
No coal in Sri Lanka’s PUCSL approved long-term power generation plan
July 20, 2017 (LBO) – Sri Lanka’s Public Utilities Commission has approved an alternate Least Cost Long Term Generation Expansion Plan (LCLTGEP) …
LAUGFS to set up cylinder manufacturing plant in Bangladesh
July 17, 2017 (LBO) – LAUGFS Gas Bangladesh, part of the diversified Sri Lankan multinational LAUGFS Holdings, said it is planning to set up a cylinder …
Sri Lanka to go ahead with LNG plants from India, Japan
July 12, 2017 (LBO) – Sri Lanka’s cabinet has approved a proposal to issue letters of intent to build two LNG power plants in the island. These two …
SriLankan Airlines, CEB, CPC record Rs30bn loss in first 4 months
July 10, 2017 (LBO) – State-owned carrier Sri Lankan Airline, main power supplier Ceylon Electricity Board and Ceylon Petroleum Corporation together have …
PUCSL asks power utility to develop 12 new generation scenarios
June 30, 2017 (LBO) – Sri Lanka’s Public Utilities Commission of Sri Lanka (PUCSL) has asked the Ceylon Electricity Board (CEB) to submit 12 …
Sri Lanka’s Long Term Energy Generation Plan not in keeping with govt policy: SEMA
June 16, 2017 (LBO) – The Least Cost Long Term Generation Expansion Plan (LCLTGP) 2018-2037 proposed by the Ceylon Electricity Board (CEB) is not in line …