Courtesy Business Standard The Sri Lankan government and a state-run Indian firm on Tuesday signed an agreement to develop infrastructure for storage, regasification and LNG supply for a combined cycle power plant in the island nation, according to the power and energy ministry here. The memorandum of understanding (MoU) was signed between Sri Lanka’s LTL […]

By Thomas L. Davis and Amila Sandaruwan Ratnayake Courtesy The Diplomat Developing natural gas resources will help the country overcome its economic crisis, provide energy security, and lower carbon dioxide emissions. For now, Sri Lanka’s severe economic crisis seems to be in remission. Many challenges still confront the government and population, from a substantial national debt to question […]

By Namini Wijedasa Courtesy The Sunday Times An Indian government proposal, which Sri Lanka has accepted, will see the New Delhi-headquartered Petronet LNG Ltd. (PLL) supply liquefied natural gas (LNG) at the rate of 40 containers a day to thermal plants in Kerawalapitiya. These will be shipped from the port of Kochi and taken by […]

Courtesy Hiru News The Public Utilities Commission of Sri Lanka (PUCSL) has approved a significant reduction in electricity tariffs, amounting to 22.5%, which will take effect from midnight today (16), according to PUCSL Chairman Prof. Manjula Fernando. Key Tariff Reductions for Domestic Consumers:0-30 units: Reduced from Rs. 8 to Rs. 6 (25% reduction)31-60 units: Reduced […]

Courtesy The Island Criticism of Adani projects is not new in Sri Lanka. For the first time now, a public interest litigation has been filed in the Supreme Court against Adani Green Energy. Last week, the Bishop of the Diocese of Mannar along with three prominent environmentalists, filed a public interest litigation in the Sri […]

By P.K.Balachandran/Daily Mirror Courtesy NewsIn.Asia Colombo, June 11: Having taken a firm decision to include nuclear energy in its mix of energy sources, Sri Lanka is now well on the way to harnessing it. Literature on the subject shows that the benefits of going for nuclear energy outweigh the drawbacks, and external finance will not […]

Courtesy Adaderana Sri Lanka and India are working on an estimated USD 1.2 billion undersea transmission line that will link the island nation’s power grind with that of India to provide energy security to this country, a top Sri Lankan official said on Tuesday. The proposal is to link Sri Lanka’s north central town of […]

By P.K.Balachandran/Daily News Colombo, January 18: Media reports suggest that Sri Lanka may go in for Russian help to set up a nuclear power plant to supplement the current energy mix. The Russian State-owned nuclear energy company Rosatom appears to be the front runner among international companies that have shown interest in investing in Sri […]

Ada Derana

By Shamindra Ferdinando Courtesy The Island Ananda Palitha Even after imposing 18 percent Value Added Tax (VAT) on fuel with effect from January 1, the government continued to charge Rs 50 on a litre of both petrol and diesel purportedly to recover losses incurred by the highly corrupt state owned Ceylon Petroleum Corporation (CPC) over […]

By P.K.Balachandran/Ceylon Today Colombo, December 25: The Sri Lanka Atomic Energy Authority (SLAEA) chairman, Prof. S.R.D. Rosa told Daily Mirror on December 12, that his office had given the nod to the incorporation of nuclear power in the country’s energy mix. This is in line with President Ranil Wickremesinghe’s exhortation last year that Sri Lankans should seriously […]

Courtesy NewsIn.Asia Dec 14 (NewsWire/ Sputnik) – Russia has emerged as one of the strongest contenders to build nuclear power plants in Sri Lanka, according to a media report published on Tuesday. According to Russia’s Sputnik News, Sri Lanka currently imports most of its energy needs, including oil, coal and hydrocarbons. To ease the economic […]

Courtesy NewsIn.Asia Dec 12 (NewsWire) – The Cabinet has granted approval to enter into a Power Purchase Agreement with United Solar Group of Australia for a Solar Power Project, Minister of Power and Energy Kanchana Wijesekera announced today. Taking to ‘X’, Minister Wijesekera said United Solar Group of Australia will invest in a 700 MW […]

Courtesy The Daily Mirror Colombo, Dec.12 (Daily Mirror) – In the wake of the organisations from countries such as Russia, China, Denmark and the United States proposing to invest in nuclear energy, Sri Lanka Atomic Energy Authority (SLAEA) has given the green light for nuke power, an official said. Russia which has already invested in […]

Courtesy Adaderana The Sri Lankan government has decided to appoint a combined standing committee to make decisions concerning renewable energy projects and monitor whether the decisions are efficiently and promptly implemented by relevant institutions. Cabinet of Ministers green-lighted this resolution on Monday (Dec.11), after identifying the need to accelerate the implementation of renewable energy projects, in […]

Courtesy The Daily Mirror Colombo, Dec. 9 (Daily Mirror) – The islandwide power blackout is due to multiple lightning strikes on several transformers and power stations, a Power and Energy Ministry official said. Meanwhile, the Power and Energy Ministry  said the islandwide power blackout is also due to a breakdown in the transmission line from […]

ByBHARATHA MALLAWARACHI Associated Press Sri Lanka’s power and energy ministry says the country experienced an island-wide power outage for several hours after a system failure in one of the main transmission lines December 9, 2023, 6:00 PM COLOMBO, Sri Lanka — Sri Lanka experienced an island-wide power outage for several hours Saturday after a system failure […]

Courtesy Adaderana Sri Lanka will call for expressions of interest (EOI) in setting up nuclear power plants, its energy minister said on Friday, as it seeks cheap electricity to support its economic recovery. The primary source of energy in the island nation is from imported oil and coal, and hydropower. The government aims to produce […]

Courtesy Business Recorder COLOMBO: Sri Lanka’s power regulator has approved an 18% electricity tariff hike for households in the country, which will be effective from Friday, the government said in a statement. Sri Lanka shares end higher on financials boost The overall hike approved on the day ranged from 18% to 24%, the statement said.

Courtesy The Daily Mirror ONGC Videsh Limited (OVL) is keen to participate in oil and gas exploration opportunities in Sri Lanka and is waiting for the island nation to unveil its roadmap and policy on developing the upstream petroleum industry, the company said Wednesday. OVL is the overseas investment arm of India’s state-owned Oil and […]

Courtesy The Daily Mirror Fitch Ratings said yesterday the cash flow operations of the Ceylon Electricity Board (CEB) would not be sufficient to cover its interest obligations this year, despite a 150 percent tariff increase. This is due to the reduced contribution from low-cost hydro power generation during the year, which compelled CEB to purchase […]

Courtesy Adaderana Sri Lanka’s National Hydrogen Roadmap, which aims to develop and deploy green hydrogen technologies in the country, was unveiled on Friday (Sept. 01). Power & Energy Minister Kanchana Wijesekera said the roadmap was presented by the Petroleum Development Authority of Sri Lanka (PADSL) and Greenstat Hydrogen India (a subsidiary of a Norwegian energy […]

Courtesy AdaDerana Sinopec, a Beijing-based leading international petroleum company, has officially kicked off its business operations in Sri Lanka, by supplying fuel at its first filing station on the island established in Mattegoda, Colombo. Sinopec Fuel Oil Lanka, the local subsidiary of the Chinese petroleum giant began its retail operations on Wednesday (Aug. 30), with […]

Courtesy RechargeNews Sri Lanka has the potential for 56GW of offshore wind, according to a new World Bank report, which says the crisis-stricken country could use this natural advantage to rebuild its economy. The report, issued last week, found that Sri Lanka has the capacity for 27GW of fixed offshore wind in shallow waters, defined […]

Courtesy Adaderana Offshore Wind Road Map for Sri Lanka was launched on Friday (Aug. 25), which provides a strategic analysis of the offshore wind development potential in the country, considering the opportunities and challenges under different offshore wind growth scenarios. It is intended to provide evidence to support the Government of Sri Lanka in establishing […]

Courtesy Adaderana Minister Kanchana Wijesekera says the progress of 6 large-scale renewable energy projects was reviewed with the developers and the officials of Ceylon Electricity Board (CEB), Sri Lanka Sustainable Energy Authority (SLSEA) and Power & Energy Ministry on Friday (Aug. 26). These projects aim to achieve the government’s policy of 70% renewable energy targets […]

Courtesy Adaderana India and Sri Lanka are giving a fresh push to the long-pending power grid connectivity between the two countries to trade electricity. Work has started on updating a detailed project report for the connectivity either through overhead line or undersea cable in the sea portion of the connectivity, following a meeting on the […]

Courtesy The Daily Mirror The Public Utilities Commission of Sri Lanka (PUCSL) has approved an overall 14.2 per cent of electricity tariff reduction from tomorrow (July 01), subject to conditions, the PUCSL Chairman said.   The category with consumption of less than 30 units will be reduced by 65% of the cost. Consumers that come under […]

Courtesy Adaderana Minister of Power and Energy Kanchana Wijesekera has revealed that the Indian energy company Petronet LNG has presented short-term solutions to meet the Ceylon Electricity Board’s (CEB) requirement for Liquefied Natural Gas (LNG).  Taking to Twitter, Wijesekera revealed that Petronet LNG presented immediate, albeit short-term, solutions for CEB’s LNG requirements this morning (22 […]

Courtesy The Daily Mirror Sri Lanka has reached a deal with Russian nuclear giant Rosatom to build a nuclear power plant that may run two reactors and generate 300 megawatts of energy, the Sri Lankan ambassador in Russia said Wednesday. “We will go for a nuclear power plant … There are options actually … two […]