Notable
Sri Lanka's cabinet had approved a proposal to seek private investors for large scale off-shore wind power plants
A fuel management information system will track distribution under direct supervision of Japanese government
1.3 million entries on SAP data changed or deleted since 2010, most occurred in 2022 during fuel crisis
Bid deadline extended from February 16 to March 1.
As of now there is no renewable curtailment in effect
A price of LNG combined cycle was also set, effective from April 2025
State-run CPC prices unchanged
'Green' hydrogen will be generated using a floating solar and wind farm.
Proposals to be called
Cabinet approves unsolicited proposal for Cyprus company to supply crude on 180-day credit
IOC will supply the fuel
If the CEB spends their own money and imports fuel, we are prepared to transport and store oil free
"The refinery resumed operations today," a source at the ministry told EconomyNext.
Shortfall to be bridged through conservation and private generators
Reflects the risk of disruptions to operations from fuel shortages and heightened counterparty risk
CEB is facing heightened challenges in importing fossil fuels
| Latest | Last | |
|---|---|---|
| US Dollar | 332.5018 | 332.3603 |
| UK Pound | 440.0661 | 440.9424 |
| Euro | 367.7137 | 368.4879 |
| Yen | 2.0793 | 2.0805 |
| Aus Dollar | 226.4670 | 227.4342 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.5357 | 3.5474 |
| Korean Won | 0.2494 | 0.2492 |
| Oman Rial | 863.5962 | 863.2287 |
| Saudi Riyal | 88.5939 | 88.5586 |
| UAE Dirham | 90.5259 | 90.4874 |
| pts | % | |
|---|---|---|
| S&P SL20 | 6,293.72 | -1.13% |
| CSE All Share | 22,024.18 | -0.60% |
| Turnover Rs | 3232.70 million | 2975.05 million |
| Latest | Last | |
|---|---|---|
| 3-m bill | 7.61 | 7.84 |
| 6-m bill | 7.91 | 8.26 |
| 12-m bill | 8.23 | 8.3 |
| 3-yr bond | 9.24 | 9.25 |
| 5-yr bond | 9.82 | 9.56 |
| 8-yr bond | 10.50 | 10.48 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 7.70 | 7.69 |
| Gilt Repo | 7.74 | 7.72 |
| I-m SLIBOR | - | - |
"We are in a crisis situation. Let's see how we can manage it going forward."
Until now liquid fuel imports were done by the petroleum ministry
"From Tuesday (25), from 1.30pm to 9.30pm, there will be a two-hour power cut due to lack of furnace oil," he said.
"The president has reiterated his commitment to focusing on EV imports."
This government is unable to facilitate distance learning. It is only able to keep people in the dark,” said Premadasa...
GT-7, a 115MW gas turbine had already started
There is potential to set up an 80 to 100MW solar power plant in the location
CEB is forced to shut fuel driven plants from time to time due to fuel disruptions
We need diesel from January 19-22
In bid to avoid load shedding
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