Energy

Electricity Tariffs to Remain Unchanged for First Half of 2025: Power Ministry

The Ministry of Power and Energy announced yesterday that electricity tariffs will remain unchanged for the first half of 2025, a move made.

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Economics

CPC Reports Profit Decline Amid Falling Oil Import Costs

Sri Lanka’s state-run Ceylon Petroleum Corporation (CPC) has reported a steep decline in profits for the first half of 2024, with net earnings.

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Economics

ADB Pledges Continued Support for Sri Lanka’s Development

A delegation from the Asian Development Bank (ADB), led by Country Director Takafumi Kadono, met with President Anura Kumara Dissanayake yesterday to reaffirm.

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Economics

CEB Accused of Rs. 50 Billion Burden on Electricity Consumers

The Electricity Consumers’ Association (ECA) has alleged that the Ceylon Electricity Board (CEB) is imposing an additional financial burden of approximately Rs. 50.

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Business

Channa Gunawardana Appointed Chairman of Litro Gas Lanka

Litro Gas Lanka Ltd. and Litro Gas Terminal Lanka Ltd. have announced the appointment of Channa Gunawardana as their new Chairman, a move.

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Politics

United Petroleum Meets with Sri Lankan President to Discuss $100 Million Expansion Plan

United Petroleum, an Australian energy giant, has signaled its intent to expand its operations in Sri Lanka by meeting with President Ranil Wickremesinghe..

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Economics

Rooftop Solar Tariffs Unchanged Amid New Renewable Energy Rate Revisions

The Public Utilities Commission of Sri Lanka (PUCSL) has decided to keep the payments for rooftop solar power plants unchanged, despite recent revisions.

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