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India, Lanka joint panel meet to take grid connectivity furtherThe two countries have been planning to connect their grid to trade power for almost two decades, but the deliberations have picked up pace...- India offers to supply LNG to Sri Lankan power plants - Sri Lanka minister"In the efforts to expedite the process to generate power from LNG the Government of India has proposed an interim solution from Petronet L...
- China set to build new Sri Lanka refinery, says ministerSri Lanka is set to award a multi-billion dollar oil refinery project to a Chinese state-owned company after a rival bidder pulled out, the...
- China enters Sri Lanka's domestic fuel marketThe agreement makes China's Sinopec the first newcomer in the Sri Lankan market in 20 years, and follows months of fuel rationing triggered...
- Sri Lanka hikes power prices by 66% hoping to gain IMF supportThe increase, announced by Power and Energy Minister Kanchana Wijesekera, comes after the government raised electricity prices by 75 percen...
- Crisis-hit Sri Lanka opens fuel market to foreign firmsThe move cleared the way for international oil firms to re-enter Sri Lanka for the first time since the nationalisation of oil companies in...
- Sri Lanka grants approvals to Adani Green Energy for wind projectsThe provisional approvals are for two wind projects in the town of Mannar and Pooneryn, a village in the Northern province of Sri Lanka, he...
- Sri Lanka to restrict fuel imports for one year amid worst economic crisis: MinisterSri Lanka will restrict fuel imports for the next 12 months as it is facing a severe shortage of foreign exchange, Minister of Power and En...
- With no fuel and no cash, Sri Lanka keeps schools closedLast month, schools were closed nationwide for a day due to fuel shortages and had remained closed for the last two weeks in urban areas. S...
- Sri Lanka struggling to pay for fuel shipments: MinisterPower and Energy Minister Kanchana Wijesekera said new fuel shipments were being lined up but the country is struggling to raise enough fun...
- With no fuel and no cash, Sri Lanka keeps schools closedA huge foreign debt has left the Indian Ocean island with none of the suppliers willing to sell fuel on credit. The available stocks, suffi...
- Sri Lanka electricity firm seeks 835% price riseThe Ceylon Electricity Board (CEB) lost 65 billion rupees ($185 million) in the first quarter and sought an 835 percent price hike for the ...
- Sri Lanka economic crisis: Fuel prices hiked as US delegation arrivesCeylon Petroleum Corporation (CPC) said it raised the price of diesel, used widely in public transport, by 15 percent to 460 rupees ($1.27)...
- Bankrupt Sri Lanka runs out of fuelKanchana Wijesekera said oil cargoes that were due last week did not turn up while those scheduled to arrive next week will also not reach ...
- Sri Lanka left with fuel stocks for around five days, says power and energy ministerThe country of 22 million people is caught in its worst financial crisis in seven decades after its foreign exchange reserves dwindled to r...
- Cash-strapped Sri Lanka gets Russian oil to ease shortagesThe island nation is suffering its worst economic meltdown since independence, with shortages of fuel and other vital goods making life mis...
- Sri Lanka hikes fuel prices, encourages people to work from homeIn a message on Twitter, Wijesekera said government-set transport and other service charges will also increase correspondingly. "Work from ...
- Sri Lanka cannot find cash to pay even one ship for petrolThe island nation is in the worst economic tailspin of its independent history. Shortages of everything from food to cooking gas have resul...
- No money to buy petrol, says Lankan govt as it urges citizens not to queue up for fuelCrisis-hit Sri Lanka on Wednesday revealed that it does not have foreign exchange to pay for a vessel of petrol anchored in its waters for ...
- Sri Lanka extends credit line with India by $200mln for fuel: Power ministerHit hard by the pandemic and short of revenue after Gotabaya Rajapaksa's government imposed steep tax cuts, the island nation is now also c...
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