Notable
There was a problem with the coal import, Dissanayake admitted in parliament,
EDB, CPC meet exporters on fuel distribution
Grid-scale energy storage solution to store excess energy
This move is intended to allow solar producers to store excess energy generated during the day for use during peak hours
Implemented by the GIZ (Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH), with 924,063 euro grant
Loan and grants from ADB, EU, and for roughly 57 million dollars
The panels will also track the sun and move, to get the maximum light
Sri Lanka's upward fuel price revision from July 1 has led to public criticism
Prices of Octane 95, Super Diesel were maintained at the same level
These clauses either require amending, or need a special parliament majority, and in one case a referendum to be passed
Batteries now have long cycles, and can operate more than 10 years, developers say
Rate will apply from 1830 to 2230 in the night
Price reduced from earlier levels
The issue comprises two types of green bonds with 11.55%, 11.75% annual coupon rates
The Group has decided to divest the residual assets instead of relocating the plant overseas
| 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 | - | - |
Investors need confidence to take bold steps in new markets
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Closing date July 09
This process is now underway and the LNG supply is planned to start in 2028
Sri Lanka faced a severe fuel shortage and long queues in 2022
Otherwise the emergence of cartels cannot be prevented
Murban crude is still lower than December numbers
See sawing prices have economic and political costs
You cannot do it overnight, but there should be some way of moving forward and narrowing it
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