March 25, 2024

4min3
March 18, 2024: Sri Lanka’s leading diversified agribusiness company, Watawala Plantations PLC, announced a Rs. 1.86 million investment towards the installation of a dedicated electricity transformer, ensuring reliable power for Nakiyadeniya’s residents and its palm oil mill. The installation of the new transformer will help to reliably cater to growing demand for electricity for both […]

September 7, 2023
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3min0
      September 06, 2023: Ceylon Energy, a strategic alliance of St Theresa Industries, announced the commencement of its first tower erection under the “Supporting Electricity Supply Reliability Improvement Project” (SESRIP – P4), cementing a 33kV Double Circuit tower line from Maho to Ma-eliya on August 17, 2023. Developed through a partnership between Ceylon […]

February 21, 2023
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8min2
      JAAF is perplexed by PUCSL overlooking the industry’s submissions and cautions. Current tariff increase based on speculative increasing demand, despite trends showcasing reduced demand 20th February 2023: The Public Utilities Commission (PUCSL) granted approval to a 66% electricity tariff hike effective 15th February 2023, resulting in exponential increases in costs in the […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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