An Echelon Media Company
Wednesday June 29th, 2022
All Sections
Notable
Minister Gunawardena requested the public to limit nonessential travel and use fuel sparingly.
“Even today fewer than 10 per cent of buses are running. Drivers are on strike because they have no fuel."
Sri Lanka has totally dependent on India for its fuel requirement from March to mid June.
The last shipment under Indian credit line arrived in on June 16. There has been no shipment since then
Oil agents asks Central Bank, Treasury to deal directly with principals
Companies with more than 60-pct dollar revenues will have to pay bills in dollars
"Limited amount of Petrol to be distributed today (23) and tomorrow (24) islandwide."
Before Norochcholai shutdown, power cut duration came down to 1 hour in mid June from 13 hours in March
Power cuts are not imposed in morning hours due to online classes in state schools.
Power cuts starts from 1200noon
Tankers have to wait for 5 hours to get diesel
I have the replies from the Russian companies which were suggested by the Russian Ambassador
Sri Lanka sees one of its worst fuel crisis due to dollar shortage.
Sri Lanka motorists demand fuel as shortage has limited fuel supply.
Some of the protesters said India should not use Sri Lanka's vulnerable position to take advantage in business deals.
The present demand is around 2,800 mega watts (MW) per day.
| Latest | Last | |
|---|---|---|
| US Dollar | 367.2255 | 367.4039 |
| UK Pound | 452.1949 | 452.7893 |
| Euro | 389.8785 | 389.4918 |
| Aus Dollar | 256.3767 | 256.4772 |
| Yen | 2.7277 | 2.7394 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 4.5882 | 4.6034 |
| Korea Won | 0.2797 | 0.2807 |
| Oman Rial | 934.7931 | 935.8320 |
| Saudi Riyal | 95.8864 | 95.9981 |
| UAE Dirham | 97.9826 | 98.0915 |
| pts | % | |
|---|---|---|
| S&P SL20 | 2,336.44 | -1.88% |
| CSE All Share | 7,451.91 | -1.87% |
| Turnover Rs million | 815,332,807 | 1,423,365,059 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 19.88 | 19.95 |
| 6-m bill | 20.76 | 20.17 |
| 12-m bill | 21.12 | 21.81 |
| 5-yr bond | 19.79 | 19.87 |
| 8-yr bond | 20.46 | 20.14 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 14.50 | 14.50 |
| Gilt Repo | 14.50 | 14.50 |
| I-m SLIBOR | - | - |
Herath said he will table the letter, dated June 11, for discussion at the next COPE meeting.
Next fuel ships on May 16, two more ships expected in the month
After a recent change to the CEB law deals can be made without competitive tender Adani project
Ending tendering by changing the law has created space to buy power
BJP’s cronyism has now crossed Palk Strait and moved into Sri Lanka
I hope to have this system in place by the 1st week of July
CEB Chairman Ferdinando withdraws statement to parliament
The President vehemently denied the statement made by the Chairman of the Ceylon Electricity Board
The island can continue with 3-hour power cuts till December this year with the existing resources
One hour power cuts on June 14 and June 19
This site uses cookies to help us improve and customize your experience. Learn more about how we use cookies in our cookie policy.
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated 1/1/20) and Privacy Policy and Cookie Statement (updated 1/1/20). Your California Privacy Rights. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Condé Nast. Ad Choices.
Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
© 2022 Echelon Media (PVT) Ltd. All Rights Reserved
2 min read