Pearl Energy to set up LNG Hub in Hambantota; aims LNG trading in the region
Aug 24, 2020 (LBO) – The Board of Investment of Sri Lanka has signed an agreement with Pearl Energy (Pvt) Ltd to launch ‘Hambantota LNG Hub’ – A …
Power
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Ceylon Electricity Board announces power cut schedule
Aug 18, 2020 (LBO) – Ceylon Electricity Board says they are currently experiencing a severe capacity deficit due to the unavailability of Lakvijaya Power …
Sri Lanka electricity generation down 22.7-pct in Apr 2020
Jun 21, 2020 (LBO) - Sri Lanka’s total electricity generation (excluding non- conventional electricity as solar, wind, mini-hydro & biomass) stood at …
PUCSL to fine-tune externality, social and environmental cost of thermal power generation
Jun 12, 2020 (LBO) - The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator, is all set to fine-tune the externality cost – …
PUCSL to resolve consumer complaints and address lube and electricity industry inquiries online
Jun 01, 2020 (LBO) - The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator and the shadow regulator of the lubricant industry …
Guidelines on issuance and payment of power bills during Covid and immediately after
May 15, 2020 (LBO) - These guidelines include the interim measures suggested to be followed by Ceylon Electricity Board (CEB) and Lanka Electricity Company …
Grace period to pay electricity bills; guidelines to calculate bills on pro-rata basis
May 14, 2020 (LBO) – The Public Utilities Commission (PUCSL), Ceylon Electricity Board (CEB) and Lanka Electricity Company (LECO) have taken steps to ensure …
PUCSL extends electrical and plumbing issues
Apr 14, 2020 (LBO) - A special service to provide solutions for electrical systems and plumbing issues of households during the curfew period which has already …
Sri Lanka to set up crude oil price stabilization fund
Mar 19, 2020 (LBO) – Sri Lanka will set up a crude oil price stabilization fund to absorb the shocks in global price fluctuations without changing the local …
Women in the workforce and why it matters for Sri Lanka: World Bank
To mark this year’s International Women’s day, we're discussing how Sri Lanka can benefit from more women joining the workforce and what can be done to …
Fitch rates Ceylon Electricity Board’s proposed debentures ‘AA+(lka)’
Fitch Ratings has assigned Ceylon Electricity Board's (CEB: AA+(lka)/Negative) proposed senior unsecured debenture issue of up to LKR20 billion a National …
Power cut carried out on 03 February by CEB could have been avoided: PUCSL
Feb 27, 2020 (LBO) – Public Utilities Commission of Sri Lanka (PUCSL) says that the load shedding programme carried out on 03 February 2020 could have been …
CPC fuel supply, deciding factor for Sri Lanka’s main power outages
Feb 26, 2020 (LBO) – Continuous fuel supply from Ceylon Petroleum Corporation (CPC) has become the principal deciding factor for an uninterrupted power …
Sri Lanka’s electrocutions reached an alarming situation in 2019: PUCSL
Feb 12, 2020 (LBO) – Sri Lanka reported 103 fatalities due to electrocution in the year 2019 up from 89 fatalities reported in 2018, the electrocution report …
Disclosure statement on Lanka IOC by Fitch Ratings
Feb 11, 2020 (LBO) – Fitch Ratings, making a disclosure in response to market enquiries about ratings of LIOC, said that they did not provide ratings or …
ICRA : Recent developments in power sec credit positive for mini-hydros
ICRA Lanka views recent developments in the hydro power sector to be credit positive. We based our assessment on three factors, (1) availability of sufficient …
PUCSL asks CEB for explanation regarding recent power outages
Feb 07, 2020 (LBO) - The Public Utilities Commission of Sri Lanka (PUCSL), the electricity regulator is seeking an investigation report on the recent power …
Crysbro energises sustainable farming practices with solar power
Feb 03, 2020 (LBO) - In a major step in its continual efforts to embrace sustainable farming practices across all layers of its operations, leading Sri Lankan …
Norwegian Ambassador opens Sri Lanka’s first floating solar plant
Jan 27, 2020 (LBO) – Sri Lanka’s first-ever floating solar plant with a capacity of 42KW located at the Kilinochchi campus of the Jaffna University was …
President pays attention to social issues relating to Norochcholai Coal Plant
President Gotabaya Rajapaksa mediates to resolve environmental and social issues caused by the Norochcholai Coal Power Plant. He directed that the coal power …