ECONOMYNEXT – Sri Lanka’s state-run Ceylon Electricity Board is making the second tariff proposal of 2025 to submit to the regulator, Energy Minister Kumara Jayakody said as an International Monetary ...

The 2024 Sri Lanka Electricity Act envisages unbundling the CEB into 12 companies with four for generation, two for transmission, five for distribution and one for the provident fund. However, the new ...

Sri Lanka President Anura Kumara Dissanayake and officials of the Ceylon Electricity Board (CEB) held discussions yesterday regarding a sustainable long-term strategy for Sri Lanka’s Energy sector.

To give but three examples: In 2023, Sri Lanka chose Adani Green to invest $442 million (US) in a wind power project in the country. The year before, a top Ceylon Electricity Board official, appearing ...

ECONOMYNEXT – Sri Lanka’s state-run Ceylon Electricity Board has made an operating loss of 3.0 billion rupees in the December 2024 quarter, and made a marginal net profit with the help of other income ...

A Foreign Correspondent investigation in Sri Lanka has found several certified ... "You can't just slap on a Fairtrade or Rainforest Alliance logo and call it ethical. That's not enough." ...

An exclusive interview with Ministry of Industry and Entrepreneurship Development Secretary J.M. Thilaka Jayasundara In a rapidly evolving global economy, Sri Lanka is striving to enhance its ...

WASHINGTON - Sri Lanka's leftist president received a boost from Washington with the International Monetary Fund greenlighting a roughly $330-million payout under an existing loan agreement.

Attorney-at-Law Dr. Ravindranath Dabare appeared for the petitioners. State Counsel Sureka Ahamed appeared for the CEB and the Public Utilities Commission of Sri Lanka.

This brings the total IMF financial support disbursed so far to SDR 1.02 billion (about US$1.34 billion). [1] The EFF arrangement for Sri Lanka was approved by the Executive Board on March 20, 2023 in ...

The IMF has agreed to release the fourth tranche of $334 million from its $2.9 billion bailout package to Sri Lanka to strengthen the island nation's recovery from its 2022 bankruptcy. The release ...

The IMF Executive Board completed the Third Review under the 48-month Extended Fund Facility with Sri Lanka, providing the country with immediate access to SDR 254 million (about US $334 million) to ...