Final decision on electricity tariff increase expected today
The weekly Cabinet meeting is scheduled to be held this evening (Jan.09), chaired by President Ranil Wickremesinghe. The proposal of increasing the electricity tariff by 65% will reportedly be taken up during the Cabinet meeting. It is reported that the proposal will be referred to the Public Utilities Commission of Sri Lanka (PUCSL), following the […]
No power cuts scheduled for this weekend
The Public Utilities Commission of Sri Lanka (PUCSL) has approved power cuts of 02 hours and 20 minutes for January 02, 2023. Accordingly, the power cuts will be imposed as follows: Groups ABCDEFGHIJKLPQRSTUVW – One hour during the daytime and one hour 20 minutes at night Meanwhile, the power supply will not be interrupted on […]
Sri Lanka ranks 79th in Global Knowledge Index
Sri Lanka has been ranked 79th in the Global Knowledge Index (GKI) 2022, and was deemed a ‘moderate performer in terms of its knowledge infrastructure’. The GKI, compiled by the Mohammed bin Rashid Al Maktoum Knowledge Foundation and the United Nations Development Programme (UNDP), assesses 132 countries in areas such as education, innovation, knowledge, the […]
Energy Minister discusses CEB’s issues with trade unions
Minister of Energy and Power Kanchana Wijesekera met with representatives of several trade unions of the Ceylon Electricity Board (CEB) in order to discuss several key concerns. Accordingly, Wijesekera met with representatives of the CEB senior engineers’ union, electrical superintendents union, technical services and other union members yesterday (28 Dec.), and discussed several pressing issues, […]
Sri Lanka observes two-minutes silence in memory of tsunami victims
A two minutes’ silence was observed islandwide today (Dec. 26), the National Safety Day from 9.25 a.m. to 9.27 a.m. commomerating all who lost their lives in the 2004 tsunami and other natural disasters in Sri Lanka. Today marks the 18th anniversary of the 2004 Boxing Day Tsunami, one of the world’s deadliest and most […]
One of three Norochcholai coal power plants to shut down
One of the three coal power plants at Norochcholai will be shut down from today (23 Dec.), the Ceylon Electricity Board (CEB) said. Accordingly, a coal power plant generating 300 MW will be shut down from tomorrow, till further notice, in an attempt to manage the existing coal stocks and for routine maintenence. CEB assured, […]
World population projected to hit 8 billion today
The world population surged past 8 billion people on Tuesday, the United Nations said, warning that more hardship is in store for regions already facing resource scarcity due to climate change. Whether its food or water, batteries or gasoline, there will be less to go around as the global population adds another 2.4 billion people […]
Elon Musk sells almost $4bn of Tesla shares.
Tesla boss Elon Musk has sold another 19.5 million shares of the electric car maker worth $3.95bn (£3.4bn), filings with the US financial watchdog show. The news comes less than two weeks after the world’s richest man completed his $44bn takeover of Twitter. Tesla’s share price has fallen by more than 50% since the start […]
Construction to develop Colombo Port’s West Container Terminal begins
The construction work to jointly develop the West Container Terminal (WCT) in the Colombo Port has commenced, a short while ago. This is a Build-Operate-Transfer (BOT) project by India’s Adani Group, its local partner John Keells Holdings together with Sri Lanka Ports Authority with an investment of over USD 700 million. In February, the government […]
Sriram Krishnan: The Indian-American 'helping' Elon Musk run Twitter
Twitter’s new owner Elon Musk has whipped up a storm after he sacked thousands of employees last week. The controversial way the firings happened – with many employees discovering they had been laid off when they were shut out of their emails – sparked anger, frustration and even lawsuits against Mr Musk. Among those sacked were […]