WindForce announces LKR 3.2bn IPO to boost renewable energy in Sri Lanka & abroad
WindForce Limited, the pioneers in the growth and supply of renewable energy in Sri Lanka, has announced an Initial Public Offering (lPO) that aims to …
Power
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Panasian Power commissions solar power project worth Rs. 420Mn
Panasian Power PLC (PAP), a dynamic Sri Lankan renewable energy solutions organisation and a leading supplier of renewable energy to the national grid recently …
We maintained stabilized prices for over a year despite global price increase: Litro Gas Lanka
With the COVID-19 pandemic impacting markets across the world and the currency fluctuations taking place, the global prices of LPG as one of the world’s most …
PUCSL approves power purchase deal to build 300MW Kerawalapitiya LNG power plant
The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator has approved the power purchase agreement to build a 300 MW …
Resus Energy connects first of its ground-mounted Solar PV power plants to national grid
Diversifying its portfolio, Resus Energy PLC, a forerunner in renewable energy, operating a number of mini-hydropower stations in Sri Lanka, recently connected …
PUCSL new Chairman assumes duties; launches its work plan for 2021
The Annual Activity Plan 2021 of the Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator was unveiled today. A total of 111 …
Does Sri Lanka need a regulator for utility industry
Former Chairman of PUCSL, Attorney at Law, Saliya Mathew writes Being a utility regulator has perils because the independence of the regulator necessarily …
Power mafia is conspiring to shut down PUCSL: National Coalition for Protection of Civil Rights
Dec 21, 2020 (LBO) – Electricity Mafia is conspiring to shut down the Public Utilities Commission of Sri Lanka as the Commission will not approve illegal …
President explores possibility of rapidly adding renewable energy to national power supply
President Gotabaya Rajapaksa examined the possibility of rapidly adding renewable energy sources such as wind, solar and natural gas to the power grid. Many …
Siyabalanduwa 100MW Solar Power Plant to be built under private sector investments
Dec 08, 2020 (LBO) – The necessary preliminary steps have been taken to implement the Siyabalanduwa Solar Power Plant such as studying the feasibilities, …
Sampath Bank offers attractive loans for commercial & residential solar power projects
Extending its support to the Sri Lankan Government’s intention to increase the use of solar power among commercial and residential sectors, Sampath Bank PLC …
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)' with a Negative …
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 'AA+(lka)'. The …
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 …