In Short : NTPC (National Thermal Power Corporation), an Indian state-owned power company, is establishing a solar PV (photovoltaic) and LNG (liquefied natural gas) based power project in Sri Lanka. This venture signifies NTPC’s involvement in expanding renewable energy infrastructure internationally, contributing to Sri Lanka’s energy diversification and sustainability goals. In Detail : Trincomalee Power […]
ADB Appoints Takafumi Kadono as New Country Director for Sri Lanka – EQ Mag
COLOMBO, SRI LANKA : The Asian Development Bank (ADB) has appointed Takafumi Kadono as the new Country Director for Sri Lanka, who has assumed office in Colombo today. “It is an honor and a privilege to be appointed the Country Director of ADB’s Sri Lanka Resident Mission. ADB was a trusted partner of the people […]
Sri Lanka grants over 100 EV import permits to migrant workers – EQ Mag
Sri Lanka’s Labour said on Sunday that it has granted 111 electric vehicle (EV) import permits under a new programme designed to facilitate Sri Lankan migrant workers in remitting Sri Lanka’s Labour and Foreign Employment Ministry said on Sunday that it has granted 111 electric vehicle (EV) import permits under a new programme designed to […]
Sri Lanka signs petroleum agreement with US fuel firm in collaboration with Shell to ensure uninterrupted fuel supply – EQ Mag
COLOMBO : Sri Lanka signed an agreement with RM Parks Inc., in collaboration with Shell for a long-term contract for the importation, storage, distribution, & sale of petroleum products in Sri Lanka. The signing of the agreement took place following the recommendations of the Cabinet Appointed Special Committee. The President’s Media Division said that the […]
Sri Lanka sacks regulator for blocking power tariff rise – EQ Mag
Sri Lanka’s parliament on Wednesday removed the head of the country’s utilities regulator after he blocked a huge electricity tariff increase that was in line with demands from the IMF. The legislature voted 123 to 77 to drop Janaka Ratnayake as the boss of the Public Utilities Commission with immediate effect, making him the first […]
Sri Lanka to convert 500,000 tuk-tuks to EVs – EQ Mag
Colombo, Facing a severe energy crisis amid the financial downturn, Sri Lanka mulls to switch to electric mobility by converting 500,000 ‘tuk-tuks’ (autorickshaws) to electric vehicles (EVs) within the next five years. Backed by the United Nations Development Program (UNDP) in Sri Lanka, the Ministry of Transport and Highways and the Ministry of Power and […]
India, Sri Lanka to jointly build solar power plant in island nation – EQ Mag
The initial investment is expected to be $42.5 million India and Sri Lanka have agreed to jointly build in two stages a 135-megawatt solar power plant in the island nation’s eastern port district of Trincomalee to promote renewable energy. Sri Lankan Cabinet has given approval for the project as the country aims to generate 70 […]
Sri Lanka reviews progress of Adani group wind power projects, says Energy Minister
Sri Lankan Energy Minister Kanchana Wijesekara said on Wednesday that the progress on the renewable energy project to generate 500 MW was discussed with the Adani Green Energy officials. In August last, the Adani Group was issued approval to start wind power projects in Pooneryn, in the country’s northeast. Adani Green Energy was issued provisional […]
No power cuts from today, assures SL Energy Minister – EQ Mag
Colombo : Sri Lankan Power and Energy Minister Kanchana Wijesekera has assured that no power cuts will be enforced from Thursday (February 16) onwards, local media reported. His remark comes just a day after the island nation hiked the power tarrif by 66 per cent, Daily Mirror reported. Addressing a press conference, Kanchana said President […]
Sri Lanka cabinet approves new electricity tariff without saying what it is – EQ Mag
COLOMBO : Sri Lanka’s cabinet on Monday approved new electricity tariffs to reflect the cost of coal and power generation to take effect this month, Power Minister Kanchana Wijesekera said, without saying how much higher they would be. Sri Lanka raised electricity tariffs by 75% last August and a cabinet proposal to raise them by […]