Sri Lanka to incur staggering $ 1.26 b loss via Adani’s wind power proposal
With Indian giant Adani last week withdrawing from the proposed $ 1 billion 500 MW wind power project in Sri Lanka, analysts were quick to provide a comparative financial analysis.
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Wide Angle Zoom into New Approach to Independence Day and Governance
Weekly Political review Sri Lanka’s Political Landscape under President AKD’s Reforms, Challenges, and Strategic Moves By Rohana Jith
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Sri Lanka to review Adani’s energy projects tomorrow
A proposal to appoint a committee to evaluate Adani Group’s wind energy projects in Sri Lanka is slated to be tabled at the Cabinet meeting scheduled for tomorrow (06), according to a spokesperson from the Ministry of Energy.
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CPC reassures public on fuel availability
The Ceylon Petroleum Corporation (CPC) reassured the public that they have adequate fuel despite a ship carrying fuel meant for the country being turned away by the company that placed the order for the same.
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Power and Energy Ministry says No electricity tariff revisions for 1H of 2025
The Power and Energy Ministry yesterday confirmed that electricity tariffs will remain unchanged for the first half of 2025, citing financial management measures taken to offset expected shortfalls.
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Adani Group’s Wind Power Project Details submit to Cabinet for Approval
The Ministry of Power and Energy says that it will present details to the Cabinet regarding the Adani Group’s wind power projects planned to be implemented in Sri Lanka.
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CEB Chairman rules out further electricity subsidies for low-income users
Ceylon Electricity Board (CEB) Chairman Dr. Tilak Siyambalapitiya recently said that further reductions in electricity bills for low-income electricity users are not feasible, citing the existing 80% subsidy already provided to this group.
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CEB reports turnaround performance in 3Q despite tariff cuts
The Ceylon Electricity Board (CEB) reported a turnaround performance in the three months through September 2024, at both top and bottom-line levels, as the state-owned power behemoth turned to black,
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CEB to cut tariffs, off relief to low income groups
The Ceylon Electricity Board (CEB) is set to lower electricity tariffs as it continues to operate profitably under the direction of the president.
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PUCSL calls for revised proposal of tariff reduction from CEB
The Public Utilities Commission of Sri Lanka (PUCSL) has asked the Ceylon Electricity Board (CEB) to submit a revised proposal for electricity tariff reductions, stating that the initially proposed tariff reduction is inadequate.
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