Energy
Motorists stay in long queues to fill tanks
The geopolitical shockwave could unsettle President Anura Kumara Dissanayake’s plans
The project was implemented through Vidul Madampe Solar Power (Pvt) Limited, a fully owned subsidiary of Vidullanka PLC.
“Cargo shipments under the new supply arrangement have been secured, and distribution normalization is underway
Project financing is expected to follow an 80:20 Debt-to-Equity structure, totalling 1.73 billion rupees
Investment value for the 12 projects amounts to Rs20.79bn and project financing to follow 80:20 Debt-to-Equity
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Octane 92 petrol unchanged at 392 rupees
A deficit of LKR 13,094 million has been estimated for the period from January to March 2026 requiring a tariff increase
The procurement will see additional four types of Litro cylinders coming to market up to 2027
Windforce will provide engineering design, procurement, and commissioning at a project cost of 321,000 US dollars.
Geogas sources gas from the US
After international competitive tender
Borrowings for grid strengthening
Power restored to 85-pct of customers by Dec 04
ADB will give a 2.5 million a grant to build the capacity of un-bundled companies
Geo Gas will supply LPG for 12 months starting from January 2026
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