New Chairman appointed to Lanka Electricity Company
Dec 24, 2019 (LBO) – Sri Lanka's Power and Energy Minister Mahinda Amaraweera has appointed Attorney-at-Law Athula Priyadharshana De Silva as the new …
Power
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Fitch revises Outlook on Ceylon Electricity Board to Negative
Dec 23, 2019 (LBO) – Fitch Ratings has revised the Outlook on Ceylon Electricity Board's (CEB) National Long-Term Rating to Negative from Stable and has …
Sri Lanka cable maker ACL buys 51-pct stake in local cable firm for Rs481mn
Nov 27, 2019 (LBO) – Sri Lanka's cable and conductor manufacturer, ACL Cables has entered into a share sale and purchase agreement to acquire 51 percent of …
Fitch affirms Ceylon Electricity Board at AA+; outlook stable
Nov 26, 2019 (LBO) – Fitch Ratings has affirmed Sri Lanka-based Ceylon Electricity Board's (CEB) National Long-Term Rating at 'AA+(lka)' with a stable …
Sunshine Energy’s third Hydropower Plant adds 2.4MW to national grid
Nov 11, 2019 (LBO) – Sunshine Energy (Pvt) Ltd, a fully-owned subsidiary of Sri Lanka’s diversified conglomerate Sunshine Holdings, opened its third …
SL should prepare implementable electricity generation plans: Nishan de Mel
Oct 15, 2019 (LBO) - Sri Lanka should prepare implementable and consistent electricity generation plans incorporating PESTAL factors, global trends and policy …
Italian government to help Sri Lanka to build Solid Waste Power Plant
Oct 14, 2019 (LBO) – Italian ambassador to Sri Lanka, Rita Mannella says that the Italian government is ready to provide technical assistance and investment …
Sri Lanka needs consistent energy policy to attract investors: Prof Samarajiva
Oct 09, 2019 (LBO) - Sri Lanka is in the need of consistent and solid policies in order to attract investors and planned infrastructure framework which should …
SL’s can create efficient energy sector through stakeholder dialogue
Oct 08, 2019 (LBO) - Sri Lanka should have a dialogue among all the stakeholders as to how to move forward and create an efficient energy sector that ensures …
CCC biz conclave draws foreign participants for agri, power , tourism, exports, infrastructure
Sep 09, 2019 (LBO) - The Sri Lanka Investment and Business Conclave 2019 has shown a rise in interest for agriculture, power and energy, infrastructure …
Japan’s SBI group invests USD2Mn in Sunshine Energy
Jul 29, 2019 (LBO) - Japan’s SBI Group will be investing US 2 million dollars in Sunshine Energy to further expand on renewable energy production, a …
Sri Lanka needs to improve energy sector governance: Dr Priyantha Wijetunga
Jul 19, 2019 (LBO) - Sri Lanka has a long way to go when it comes to energy sector governance Director, Asian Development Bank, South Asia Energy Division, Dr …
PUCSL, Moratuwa Uni to introduce self-powered housing model for low-income households
July 16, 2019 (LBO) – Sri Lanka's electricity sector regulator, Public Utilities Commission signed a Memorandum of Understanding with Moratuwa University …
Minister seeks cabinet intervention as consumer group charges CEB over salary hike
Jun 25, 2019 (LBO) – Sri Lanka’s Power Minister is reportedly to present a cabinet paper to obtain the approval of the cabinet to rectify the errors in …
Sri Lanka reduces electrocutions by 50-pct in 2018
Jun 05, 2019 (LBO) – Sri Lanka reduced electrocutions by 50 percent to 89 electrocutions in 2018 compared with the electrocutions reported in 2012, the …
Vidullanka commissions its first ever biomass based power project
May 31, 2019 (LBO) – Vidullanka in its latest announcement to the CSE, disclosed the commissioning of the development of the 3.3MW Dehiattakandiya Dendro …
Sri Lanka discusses partnership modalities for proposed Oil Refinery with Oman
May 08, 2019 (LBO) – Sri Lankan government has carried out discussions with the Omani counterparts on the possible modalities of strategic partnership in the …
Sri Lanka’s first 100MW floating solar power plant before November
Apr 09, 2019 (LBO) – Sri Lanka’s Power Ministry and the Canadian Commercial Corporation, the Crown Corporation of the government of Canada on Tuesday …
CEB Eng Union points fingers at PUCSL and Snr. Govt officials for power crisis
Apr 04, 2019 (LBO) - The power crisis in the country is mainly due to the timely non approval of the `Least Cost Long-Term Generation Expansion Plan’ …
CEB to appear in Court regarding un-scheduled power cuts
Apr 03, 2019 (LBO) - The Colombo Fort Magistrate Tuesday noticed the Ceylon Electricity Board (CEB) to be present in courts on April 9 over its failure to …