Sri Lanka Reaches 1,700 MW Rooftop Solar Milestone
Sri Lanka has crossed a significant milestone in its renewable energy journey, with the Ceylon Electricity Board (CEB) announcing that rooftop solar installations.
Energy
Forex Market
Vidullanka’s Rs. 500M Sukuk Earns ‘A+(lka)’ Rating from Fitch
Renewable energy company Vidullanka PLC has received a final National Long-Term Rating of ‘A+(lka)’ from Fitch Ratings for its proposed Rs. 500 million.
- May 9, 2025
Energy
Sri Lanka Powers Down Coal Plant Over New Year with Boost from Rooftop Solar
Sri Lanka temporarily shut down one of its coal power plants during the Sinhala and Tamil New Year holidays, relying heavily on rooftop.
- April 16, 2025
Energy
Sri Lanka Unveils Bold Vision for Digitalisation and Energy Transformation
The Government of Sri Lanka has announced an ambitious plan to transform the nation into a digitally empowered economy, integrating advanced technology and.
- March 24, 2025
Energy
Access Engineering Subsidiary Signs 20-Year Solar PPA with CEB
Access Logistics Park Ekala (Pvt) Ltd, a fully owned subsidiary of Access Engineering PLC, has signed a power purchase agreement (PPA) with the.
- February 25, 2025
Energy
Adani’s Exit from Sri Lanka’s Wind Power Project: A Major Economic and Environmental Setback
India’s Adani Green Energy has announced its withdrawal from the proposed 484 MW wind power project in Mannar and Pooneryn, which included a.
- February 20, 2025
Energy
Adani’s Wind Power Proposal Could Lead to $1.26 Billion Loss for Sri Lanka
Indian giant Adani recently withdrew from its proposed $1 billion, 500 MW wind power project in Sri Lanka. Analysts have raised concerns over.
- February 17, 2025
Energy
Sri Lanka Sustainable Energy Authority Warns Public Against Fraudulent Solar Power Installers
The Sri Lanka Sustainable Energy Authority (SLSEA) has issued a public notice urging homeowners and institutions to verify the legitimacy of service providers.
- December 18, 2024
Trade Relations
UAE, COYLE to Boost Trade, Tech, and Tourism Ties
At a recent roundtable discussion organized by the Chamber of Young Lankan Entrepreneurs (COYLE), UAE Ambassador to Sri Lanka Khaled Nasser Al Ameri.
- November 21, 2024
Economics
Aitken Spence Reports 10.4% Growth in EBITDA to Reach Rs. 8.9 Billion in 1H25
Aitken Spence PLC, a leading diversified conglomerate, announced a strong financial performance for the first half of the fiscal year 2025. The company.
- November 18, 2024