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Friday August 19th, 2022
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Authorities have said that any person engaged in black market activities will be fined and jailed.
Wijesekera said the complaint also requests the CID to look into distribution irregularities.
The new price of a 12.5kg gas cylinder has been reduced by 1,050 rupees effective Wednesday August 17.
The move also aims to promote a greener transportation sector, a statement said.
The announcement came at a time when relations between India and Sri Lanka are being tested.
Sri Lanka has enough capacity to manage the next two weeks, while Unit 1 was brought back online.
“Fuel price revisions will take place again on September 01,” the ministry official said on Tuesday August 16.
Currently only Unit 3 of the Norochcholai power plant is in operation.
"We plan to commence bus services 100 percent islandwide. If not 100 percent, at least 90 percent should be doable."
The breakdown has occurred in Unit 1 of the plant.
Norochcholai has been in a constant state of breakdown or maintenance over the years.
One BRN and a mobile number is enough to register commercial vehicles to the QR system
Sri Lanka hiked its electricity tariffs for the first time in 9 years last week.
Electricity prices were last hiked in 2013 however were slashed almost by 25% in 2014
FTZMA said the high tariffs which are driving up cost of production would make Sri Lankan products highly uncompetitive
Total debts, including projects loans for expansion was now valued at Rs612bn
| Latest | Last | |
|---|---|---|
| US Dollar | 368.7200 | 368.7038 |
| UK Pound | 441.2085 | 445.9100 |
| Euro | 373.6891 | 377.2130 |
| Aus Dollar | 257.1230 | 257.8056 |
| Yen | 2.7200 | 2.7465 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 4.5261 | 4.5461 |
| Korea Won | 0.2720 | 0.2742 |
| Oman Rial | 937.6502 | 937.5808 |
| Saudi Riyal | 98.2393 | 96.1467 |
| UAE Dirham | 98.2821 | 98.2748 |
| pts | % | |
|---|---|---|
| S&P SL20 | 2,963.95 | 0.05% |
| CSE All Share | 8,975.75 | 0.73% |
| Turnover Rs million | 3,154,358,876.30 | 2,721,321,235 |
| Latest | Last | |
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| 3-m bill | 26.11 | 26.24 |
| 6-m bill | 27.06 | 26.52 |
| 12-m bill | 27.87 | 27.36 |
| 5-yr bond | 24.19 | 23.86 |
| 8-yr bond | 24.68 | 24.21 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 15.50 | 15.50 |
| Gilt Repo | 15.50 | 15.50 |
| I-m SLIBOR | - | - |
Wijesekara tweeted that the ship will arrive at the Colombo port Thursday night.
These new rates, proposed by the CEB, have been approved by the PUCSL, will be effective next week, he said.
“On holidays, power consumption goes down by almost 10 percent. That benefit is being passed down to the people."
It will be reopened upon the anticipated arrival of a crude oil shipment on August 13, he said.
The decision was made “despite several objections raised against the proposed scheme,” the PUCSL said.
90 percent of fuel distribution in Sri Lanka is done by the state-run Ceylon Petroleum Corporation.
This will be the first time electricity rates are increased in nine years.
The decision will see gas prices revised on the fifth of every month according to the formula.
LIOC also go the approval to appoint 50 new dealers
"I'm sure by next year we will be able to run smoothly," he said.
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