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 […]
India’s support for Lanka’s green development assured: High Commissioner – EQ Mag
India’s High Commissioner to Sri Lanka Gopal Baglay has said that India’s assistance to Sri Lanka is not limited to economic cooperation but also to the island nation’s green development process Bhagle made the remarks when he visited the Seethawaka Botanical Garden here at the invitation of Prime Minister Dinesh Gunawardena on Wednesday and planted […]
Sri Lanka can benefit from renewable energy like India, China: Erik Solheim – EQ Mag
Colombo : Former Norwegian politician and diplomat, Erik Solheim has said that Sri Lanka can achieve the advantages of renewable energy similar to countries like India and China. Participation at a recent discussion on the country’s environment and energy in Colombo, Solheim, who is also the Adviser to Sri Lanka President Ranil Wickremesinghe on International […]
Sri Lanka To Seek Indian Or Chinese Credit Line For Solar Panel Imports: Energy Minister Kanchana Wijesekara – EQ Mag Pro
In August, Sri Lanka hiked the electricity tariff by an average of 75 per cent, after nine years Sri Lanka intends to seek an Indian or Chinese credit line for the purchase of solar panels as a solution to mitigate the high cost of electricity tariffs, Power and Energy Minister Kanchana Wijesekara said on Tuesday […]