A market brief each morning, plus company filings and news from across Sri Lanka's stock market. Filter by company, sector and theme, and use sentiment badges to quickly identify Positive or Negative news.
The Ceylon Chamber of Commerce will hold the Sri Lanka Economic & Investment Summit on 12-13 Oct 2026, with a session titled 'Beyond Fossil Dependence' focused on energy transition, renewable adoption and energy security; panelists include WindForce MD Manjula Perera, the Energy Secretary and PUCSL DG.
Commercial Bank of Ceylon was named Euromoney's 'Best Bank in Sri Lanka' and 'Best ESG Bank in Sri Lanka', with 2025 profit before tax of Rs.89.38 billion, total assets of Rs.3.26 trillion and loans above Rs.2.028 trillion; Euromoney cited its green bond, digital innovation and SME focus.
Commercial Bank of Ceylon was named Euromoney's 2026 'Best Bank in Sri Lanka' and 'Best ESG Bank', reporting 2025 profit before tax of Rs.89.38 billion and total assets of Rs.3.26 trillion. Euromoney cited its ESG leadership, including a Rs.15 billion green bond to fund renewable energy and a 19.5% ROE.
WindForce PLC and Vidullanka PLC inaugurated a 10 MW/40 MWh grid-scale standalone BESS in Anuradhapura, the first of 13 projects that together will provide 130 MW/520 MWh of storage. WindForce also commissioned a 5 MW floating solar plant (≈9 GWh/yr), raising its renewable capacity to ~268 MW.
The Government aims to add about 960 MW of battery energy storage capacity by end-2027 to absorb daytime solar surplus; a 10 MW/40 MWh system in Anuradhapura (first of 13 by Storex) was connected, with the 13-system project totalling 130 MW/520 MWh. Separate 400 MW, 250 MW and 150 MW BESS bids are under evaluation targeting completion by mid-2027.
The 5 MW "Diyajanani" floating solar plant on Ibbankatuwa Tank in Dambulla was connected to the national grid and will supply electricity for about 7,500 households annually. The project is expected to cut roughly 6,440 tCO2 and save ~2.5 million litres of diesel (≈USD 3 million in FX) per year and provided about 150 local jobs.
WindForce PLC commissioned a 10 MW/40 MWh grid-scale battery storage system and a 5 MW floating solar plant, raising its generation capacity to about 268 MW. The BESS, Sri Lanka's first standalone grid-scale battery, was developed via StoreX (a JV with Vidullanka PLC) and the floating solar (owned by WindForce's Diyajanani) is expected to generate ~9 GWh/year.
WindForce and Vidullanka commissioned a 10 MW/40 MWh grid-scale BESS in Anuradhapura (the first of 13 Storex facilities) and a 5 MW floating solar plant; WindForce said the floating plant will generate ~9 GWh/year and raises its renewable capacity to about 268 MW.
WindForce PLC commissioned a 10 MW/40 MWh grid-scale BESS in Anuradhapura and a 5 MW floating solar plant, lifting its total renewable capacity to about 268 MW. The BESS is the first of 13 facilities totalling 130 MW/520 MWh and the floating solar is expected to generate ~9 GWh/year.
Vidullanka PLC, with partner WindForce, inaugurated its first grid-scale Battery Energy Storage System (10MW/40MWh) in Anuradhapura today, the first of 13 BESS projects totaling 130MW/520MWh. Vidullanka is also commissioning its eighth ground-mounted solar to bring capacity to 96MW and reported FY25/26 revenue Rs3.8bn, PAT Rs1.55bn.
Colombo stocks opened higher with the ASPI up 0.12% (25.16 pts) to 21,048.59 and the S&P SL20 up 0.20% to 5,936.69; market turnover was LKR 139.24m. Top contributors included Haycarb, Melstacorp, Hayleys, Commercial Bank and HNB while Access Engineering, Vallibel One, DFCC Bank and RIL Property lagged; WindForce said it will commission a 10MW/40MWh BESS and a 5MW floating solar plant on Sept 18, 2026, taking its renewables capacity to about 268 MW.
The Cabinet approved hosting the SAARC Energy Centre's workshop 'Financial Modelling for Renewable Energy Projects' in Colombo from 5 to 7 October 2026; SAARC will provide local hospitality and airport transport (airfare excluded) and the event will include two representatives from each SAARC member.
A.P. Moller-Maersk Singapore MD Rene Piil Pedersen said Sri Lanka could leverage its strategic location to become a green bunkering hub if green/alternative marine fuels can be produced or sourced competitively, creating jobs and new skills.
Vidullanka PLC subscribed to 1,000,000 ordinary shares in Vidul Biomass II Ltd for Rs.100 million as the first equity infusion toward its 6.6 MW (5 MW net) Medawachchiya Dendro Power Project. The project is estimated at $16.1m with total equity ~Rs.1,300m and commissioning targeted by mid-FY2027/28.
The Institution of Engineers, Sri Lanka will hold the NEC 2026 on 24 September 2026 at Cinnamon Grand Colombo to present four policy papers, on engineering education, energy transition and power-sector reform, transport development and building fire safety, and seek stakeholder action.
Brown & Company and LOLC Holdings partnered with the government (51% state, 49% private) to revive the long-idle Hingurana/Gal Oya sugar factory, rebuilding infrastructure and expanding into ethanol, power and bio-fertiliser. The operation now cultivates ~8,500 ha, employs ~1,300 directly and works with 8,000 farmers, supporting roughly 30,000 people and reducing sugar imports.
Hayleys Solar (part of Hayleys Fentons/Hayleys Group) commissioned a 3MW Veyangoda ground-mounted solar project (4,143.36 kWp DC) expected to generate about 6,351,770.88 kWh annually. The plant is the first of Hayleys Solar's planned 300MW ground-mounted solar portfolio across Sri Lanka.
DFCC Bank convened the "Future Ready Sri Lanka" forum, bringing policymakers and industry leaders to discuss turning recent economic stability into resilient, investment-led growth. Speakers highlighted priorities including active debt management, access to international capital, renewable energy scale-up and digital public infrastructure (digital ID, national data exchange).
Colombo Stock Exchange indices edged up (ASPI +0.06% to 21,327.69) as Vidullanka subscribed Rs100 million in Vidul Biomass II to develop a 6.6MW Medawachchiya Dendro Power Project, with total cost $16.1m and a ~Rs1.3bn equity commitment.
Hayleys Solar (part of Hayleys Group / Hayleys PLC) commissioned a 3MW Veyangoda ground-mounted solar project, the first under a planned 300MW ground-mounted portfolio. The 3MW (4,143.36 kWp DC) site is expected to generate ~6.35 GWh annually and avoid ~4,339.5 tonnes of CO2, with elevated mounting enabling agrivoltaic use beneath the panels.
Energy Minister Aruna Karunathilake said the government will grant systematic concessions for battery systems above 100 kW to support renewable energy storage, with a framework being developed while national quality standards remain absent. He added renewables now supply 60-70% of generation and no tariff hike is planned next quarter.
Agarapatana Plantations PLC will seek shareholder approval to redeploy Rs.643.2m of unutilised IPO proceeds toward mechanisation and renewable energy and to extend the utilisation deadline to 30 Sep 2028. Only Rs.29.4m of the Rs.672.6m for factory modernisation was used; the revised plan adds Rs.88m for renewable energy and has a Rs.6.5m shortfall to be met from internal funds.
Central Bank Governor Dr. Nandalal Weerasinghe will keynote the Planters' Association of Ceylon's 172nd AGM on 19 Sept, where regional plantation companies will review sector performance and strategies including diversification, replanting, processing upgrades and renewable energy investments.
Japan's ambassador urged Sri Lanka to pivot toward Southeast Asia and Japan and adopt an export-oriented industrial model, calling for forward-looking trade and investment policy, stronger domestic industrial policy and expanded renewable energy investment; he cited the National Export Development Plan 2026 and a proposed Sri Lanka-Japan Economic Corridor.
Japan's Ambassador Akio Isomata, speaking at the 47th SLJBC AGM, outlined three priorities to deepen Sri Lanka-Japan economic ties: forward-looking trade and investment policy, promotion of domestic industrial policy, and expanded investment in renewable energy. He welcomed the National Export Development Plan 2026 and urged an export-oriented industrial model linked to regional manufacturing.
Hayleys Electronics, partnering with SolaX Power, hosted an 'Unlocking the Power of Tomorrow' forum in Colombo attended by over 300 stakeholders and launched an islandwide awareness programme with follow-up sessions planned in Galle, Negombo, Kurunegala, Jaffna and Trincomalee.