Notable
Debenture liability has been assigned to Electricity Distribution Lanka (Pvt) Limited
Sri Lanka has yet to buy at new prices
Extraordinary Gazette announced that the provisions of the new act will come into operation next Monday (9).
“This will add roughly 10 days of additional storage capacity to our reserves,” Dissanayake said.
While the QR code and fuel quota systems managed to reduce consumption, the drop is still not enough to meet targets
White Diesel price has been increased by 49% in last three months, Octane 92 by 47%, Kerosene by 57%
New government has vowed to review Adani project due to high tariff
Sapugaskanda refinery was built in 1969 to refine Iran light crude
.Very Low Sulphur Fuel Oil (VLSFO) and Marine Gas Oil (MGO/MDO) already available
The power cuts will start around 1530 pm and end at 1000 pm in four separate time slots of 90 minutes each.
They don't have flexibility to control because they have limited inertia
Taking large power plants off the grid reduces system stability
Sri Lanka's power grid lacks stability, due to lack if ability to handle large volumes of rootfop solar
United Petroleum, Sinopec and RM Parks were given distribution rights amid a currency crisis
Competitive bidding to reduce costs
Murban is considered as the next best alternative to Iranian light crude
| 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 | - | - |
Mannar wind system has plant factor in excess of 40-pct
National long-term rating of CEB and its senior unsecured debentures have been upgraded to A(lka) from BB+(lka)
New govt has canceled the earlier power purchase agreement
The plant has generated 1421 GWH of energy over the past 4 years
After the review is completed, we can decide what changes to be made
Court cases have temporarily halted Adani projects.
Sri Lanka to resolve outstanding issues within a month
Current ruling party strongly opposed Trincomalee oil tank farm JV with India
The new administration discussed with China and agreed to fast track the refinery
The joint venture between Ceylon Electricity Board and NTPC of India envisages a 135MW solar plant
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
© 2023 Echelon Media (PVT) Ltd. All Rights Reserved
4 min read