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In 2011, the Ceylon Electricity Board opened a new coal power plant named Puttalam Lakvijaya. On 13 February 2011 it was synchronized with the system. [13] On 17 September 2014, US$1.35 billion coal-fired Norochcholai Power Station was commissioned by the Chinese President Xi Jinping on his visit to Sri Lanka.
The commission has recently been assigned the task of producing Sri Lanka's long-term power generation plan in the middle of power shortages and an impending energy crisis in the country- the Electricity Supply 2020 and Beyond report has been the subject of minor controversy, with unionized employees of the Ceylon Electricity Board in ...
Sri Lankans are unable to travel to Hong Kong, China, Indonesia, Bangladesh and the Philippines, five of the world's most important markets, without a complex visa application process with a hefty visa fee. [9] The inability to access the financial markets of Hong Kong has been especially detrimental to the growth of businesses in Sri Lanka. [10]
The Ministry of Power and Energy [1] (Sinhala: විදුලිබල හා බලශක්ති අමාත්යාංශය; Tamil: மின்சக்தி மற்றும் வலுசக்தி அமைச்சு) is a cabinet ministry of the Government of Sri Lanka responsible for power and renewable energy.
LECO partnered with the University of Moratuwa to begin a microgrid pilot project in Sri Lanka with financial assistance from the Asian Development Bank.The aim of the project is to contribute to Sri Lanka's stated target of 70% of power generation through renewable sources by 2030. 32,411 rooftop solar units have already been installed in the country as of April 2021, with a total capacity of ...
The Sri Lanka Electricity Act, No. 36 of 2024 is a landmark legislative act enacted by the Parliament of the Democratic Socialist Republic of Sri Lanka. Certified on 27th June 2024, the Act introduces substantial reforms to the electricity industry in Sri Lanka, aiming to improve efficiency, attract investment, and promote the use of renewable energy sources.
The Sri Lanka Interbank Payment System (or SLIPS in short) is the largest account-to-account fund transfer network in Sri Lanka. [2] Created by LankaClear, it enables member banks to carry out same-day transfers of up to Rs. 5 million, in a secure paperless process.
The Public Utilities Commission of Sri Lanka filed a court case against Ceylon Electricity Board at the Fort Magistrate's Court following the power crisis and the court issued a petition to the officials of CEB to be summoned before 9 April. [11] [12] [13] However the Court ordered the CEB to be summoned before 16 April. [14]