Asian Development Bank extends USD 150 mn line of credit to CEB
Asian Development Bank (ADB) and Ceylon Electricity Board (CEB) signed an agreement on 19th December 2024, for ADB to provide a loan of $150 million to CEB. …
Power
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EnerG Sustainables to host training on solar integration and AI-driven energy management
EnerG Sustainables, the renewable energy and energy management consultation across the GCC and beyond, is announcing an intensive two-day training program on …
Fitch Affirms Ceylon Electricity Board at BB+(lka); Outlook Stable
Fitch Ratings has affirmed Ceylon Electricity Board's (CEB) National Long-Term Rating at 'BB+(lka)'. The Outlook is Stable. Fitch also affirmed the National …
Sri Lanka to scrutinize wind energy procurement practices post-elections, including Adani project
Cabinet Spokesman Minister Vijitha Herath says that the Sri Lankan government will review wind energy procurement practices including the project by India’s …
EnerGulf: Leading the charge in sustainable energy
The solar energy landscape is evolving, driven by technological advancements, increasing environmental concerns, and the urgent need for sustainable energy …
JICA pledges further technical assistance to Power Sector Reforms
Sri Lanka is on a mission to revamp its state-owned enterprises, including the Ceylon Electricity Board (CEB) under the IMF Program, while the country is fully …
LTL Holdings, Sri Lanka’s leading power conglomerate unveils IPO and plans CSE debut
LTL Holdings Limited (LTL / the Company), Sri Lanka’s leading fully integrated power sector conglomerate with a 40-year track record, announced plans to …
Sri Lanka’s First Natural Gas Power Plant Launched by President
President Ranil Wickremesinghe emphasized that the renewable energy sector should become the primary driver of economic growth in Sri Lanka over the next …
Solar PV Projects needs an Owner’s Engineer – says EnerGulf
As the solar energy sector experiences rapid expansion, the demand for precision, expertise, and quality assurance has become increasingly critical. EnerGulf, …
ADB approves USD100Mn policy-based loan support for power sector reforms in Sri Lanka
The Asian Development Bank (ADB) and the Government of Sri Lanka signed a loan agreement for US$100 million on Monday (5 August 2024) for subprogram 1 of a …
Lower Generation Costs Support CEB’s Tariff Cut; No Immediate Risk to IPP Payments: Fitch Ratings
Ceylon Electricity Board’s (CEB, BB+(lka)/Stable) cash flow will stay adequate to service debt despite a 22.5% tariff cut from 16 July 2024, Fitch Ratings …
The Ceylon Chamber Welcomes New Electricity Bill
In a landmark decision, the Parliament of Sri Lanka has approved the long-awaited Electricity Bill, marking a significant milestone in public sector reform. …
TISL Demands Transparency in Adani Wind Power Project: Files Right to Information Applications
Transparency International Sri Lanka (TISL) has filed a series of Right to Information (RTI) requests with public authorities seeking crucial information …
Backbay Solar and Orbital Energy commissions 2-megawatt capacity solar plants in East
Backbay Solar (private) Limited commissioned 2-megawatt ground-mounted solar power plants in Kommathurai Batticaloa on Sunday 10th March 2024, which are a part …
Electricity Tariff will be reduced by 21.9-pct from midnight today: PUCSL
The Public Utilities Commission of Sri Lanka (PUCSL) has approved the revision of electricity tariffs with effect from midnight today. The overall tariff …
Power Purchase Agreement for 100 MW Ground Mount Solar Power Project in Siyambalanduwa
A power purchase agreement for the 100 MW Ground Mount Solar power project in Siyambalanduwa was signed by Rividhanavi (Pvt) Limited with CEB …
From Rooftops to the National Grid: Sri Lanka’s Solar Scheme Adds 630 Million Units in 2023
The Ceylon Electricity Board (CEB) implemented the Rooftop Solar Scheme, which resulted in an addition of 630 million units of electricity to the national grid …
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 …
Sri Lanka’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, …
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 …