Notable
After approval by the board the tariff cut proposal would be submitted to the Public Utility Commission
Discussed a proposal by EDF (Electricity De France) on nuclear energy and possible partnerships in the future
This is even as an early downward revision is anticipated mid-January.
Will offset 21-pct of electricity consumption
Trincomallee is now to be developed as an energy hub
Offers 1MW flash charging
CPC refinery produces 5-pct of LPG needs
"We are not aware of such a thing," Co-Cabinet Spokesman Ramesh Pathirana told the weekly cabinet news briefing.
The sale of a power plant comes with complex contracts which could be worth US$6.0bn or more
New Fortress will initially provide the equivalent of an estimated 1.2 million gallons of LNG (~35,000 MMBtu) per day
The data we have acquired so far is of excellent quality
When the block is large, it is very expensive for a single company to explore
But I want to clearly say there is no oil scarcity
Guidelines to be given to CEB to make LTGEP
Installed capacity to 220.2 MW from 218MW
Traces of natural gas was reported in an exploratory well by a unit of Cairn India in 2013
| Latest | Last | |
|---|---|---|
| US Dollar | 332.3603 | 330.8514 |
| UK Pound | 440.9424 | 438.3450 |
| Euro | 368.4879 | 371.0168 |
| Yen | 2.0805 | 2.0916 |
| Aus Dollar | 227.4342 | 231.1659 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.5474 | 3.4202 |
| Korean Won | 0.2492 | 0.2479 |
| Oman Rial | 863.2287 | 859.3320 |
| Saudi Riyal | 88.5586 | 88.0955 |
| UAE Dirham | 90.4874 | 90.0766 |
| pts | % | |
|---|---|---|
| S&P SL20 | 6,365.57 | +0.26% |
| CSE All Share | 22,157.40 | +0.56% |
| Turnover Rs | 2975.05 million | 1193.67 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 | - | - |
CPC borrowing dollars when money printing triggers forex shortages is one of several cascading policy errors
Minority interests made Rs3.5bn profits at group level
By the time Rs363 increase was granted costs up Rs650
Laugfs was denied a price increase for two quarters despite rising butane and propane prices
Saudi Aramco contract price for LPG components had risen from the time the original application was made
Gazette will mandate 70-pct share for LTGEP
First cruise ship since Covid-19 pandemic calls at Hambantota
Competitive tendering has sharply brought down costs, compared to controversial feed-in tariffs
Daily demand rises close to 100,000 from an earlier 90,000 cylinders
Grid upgrades and storage to take it to 70-pct could cost US$3.7bn
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