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    Tag:electricity

    Sri Lanka to Amend IMF-Backed Electricity Act Amid Policy Shift

    While the previous government’s reforms aimed at increasing transparency, efficiency, and private sector involvement, the Dissanayake administration appears to be prioritising a different approach, potentially curbing or modifying privatisation efforts.

    India Must Aim for 600 GW of Clean Energy by 2030 to Ensure Reliable and Affordable Power Supply: CEEW Report

    Since 2014, India has improved electricity access, strengthened energy security, and set a foundation for clean energy transition. However, meeting the 2030 goal requires adding 56 GW of non-fossil capacity annually.

    Bangladesh: Yunus Talks of Social Business; Seeks Swedish ‘Collaboration’ for Hydropower from Nepal

    Beyond social business, Yunus also sought Sweden's support in addressing Bangladesh's energy crisis. He proposed importing hydroelectricity from 'neighbouring' Nepal, which possesses significant untapped resources.

    Sri Lanka Hit by Nationwide Power Outage Amid Grid Failure

    The Ceylon Electricity Board has yet to issue an official explanation for the outage. Investigations are ongoing, and further updates are expected as restoration efforts continue.

    Sri Lanka Rejects Earlier Pricing for Adani Wind Power Projects

    Sri Lanka's earlier administration had agreed to purchase power from Adani’s 484-megawatt wind power project at a rate of 8.26 US cents per unit under a 20-year power purchase agreement. This agreement, announced in May 2023, triggered widespread criticism due to the high price and lack of competitive tendering.

    Bangladesh’s Historic Nuclear Fuel Initiative: Rooppur Plant Takes Major Step Forward

    Bangladesh's historic nuclear initiative is made possible through technical and financial support from Russia. The Rooppur Nuclear Power Plant features two VVER 1200 reactors...

    Nepal and India Agree on Strengthening Power Transmission System

    Nepal and India have held important discussions and agreed on eight various topics on energy sector. The eleventh meeting of Nepal-India Energy Secretary level Joint...

    Nepal: Business, Government at Loggerheads on Electricity Dues

    The industrialists complain they are suffering losses worth millions of rupees daily and have warned of a shortage of products in the market in...

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    Sri Lanka’s Elephant Corridor Plan ‘Unscientific’

    Nearly 5,000 elephants and 1,600 people have been killed in the last 15 years in clashes between elephants and humans in Sri Lanka, home to one of the largest remaining populations of Asian elephants, according to official figures.
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    New Projections Show Extreme Glacier Loss Already at 2°C

    Staying close to 1.5°C on the other hand preserves at least some glacier ice in all regions, even Scandinavia, with 20-30 per cent remaining in the four most sensitive regions; and 40-45 per cent in the Himalayas and Caucuses; stressing the growing urgency of the 1.5°C temperature goal and rapid decarbonization to achieve it.

    Government Extends Interest Relief for Farmers, Reinforces KCC and MISS as Pillars of Agricultural Credit

    Through the KCC framework, farmers benefit from revolving credit facilities for up to five years. This flexible structure allows them to draw and repay funds as per their seasonal requirements without having to reapply for loans each season.

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    Sri Lanka’s Elephant Corridor Plan ‘Unscientific’

    Nearly 5,000 elephants and 1,600 people have been killed in the last 15 years in clashes between elephants and humans in Sri Lanka, home to one of the largest remaining populations of Asian elephants, according to official figures.

    New Projections Show Extreme Glacier Loss Already at 2°C

    Staying close to 1.5°C on the other hand preserves at least some glacier ice in all regions, even Scandinavia, with 20-30 per cent remaining in the four most sensitive regions; and 40-45 per cent in the Himalayas and Caucuses; stressing the growing urgency of the 1.5°C temperature goal and rapid decarbonization to achieve it.