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Saturday December 3rd, 2022
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Admin measures usually could include rate ceilings
Owes CPC and IPPs Rs148bn and banks Rs168bn
Amid currency collapse
Electricity Reforms Bill will be drafted within a month
If after raising prices in January, costs fall in July due to renewables, then we can lower the price
About 1500MW could be added over 2 years,
We will give our storage facilities and pipelines for a fee.
Weekend power cuts reduced with rain
Sri Lanka's state-run Ceylon Petroleum Corporation has a habit of getting oil on credit and paying later
The move could allow investors to enter into petroleum products
In the first eight months of 2022, the CEB incurred a loss of 108.6 billion rupees.
"But the recruitment process must change."
"We have given permission to provincial offices to identify [commercial] threewheeler taxis in their respective area."
Group A-W will have 1 hour and 20 minutes power cut during the night.
Auto Diesel is reduced by 15 rupees per and the new price is 415 per liter.
| Latest | Last | |
|---|---|---|
| US Dollar | 371.7757 | 371.7599 |
| UK Pound | 442.7119 | 438.8584 |
| Euro | 387.1945 | 385.3880 |
| Aus Dollar | 253.0234 | 251.0798 |
| Yen | 2.6686 | 2.6603 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 4.4818 | 4.4863 |
| Korea Won | 0.2748 | 0.2747 |
| Oman Rial | 944.1068 | 944.1068 |
| Saudi Riyal | 96.7270 | 96.7115 |
| UAE Dirham | 98.9627 | 98.9627 |
| pts | % | |
|---|---|---|
| S&P SL20 | 2,464.20 | -3.19% |
| CSE All Share | 8,087.04 | -2.47% |
| Turnover Rs million | 1,626,658,918 | 1,576,314,848 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 31.03 | 31.03 |
| 6-m bill | 29.57 | 29.60 |
| 12-m bill | 28.41 | 28.41 |
| 5-yr bond | 27.49 | 27.57 |
| 8-yr bond | 27.44 | 27.23 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 15.50 | 15.50 |
| Gilt Repo | 15.50 | 15.50 |
| I-m SLIBOR | - | - |
90% of oil distribution on the island is controlled by state-run Ceylon Petroleum Corporation
Sri Lanka raised electricity tariff to record high to reduce losses
Sri Lanka has been maintaining daily power cuts since March this year
Firm also building a 15MW wind farm in Mannar
Group A-W will have 1 hour and 20 minutes power cut during the night.
Some leading monks last month threatened not to pay electricity bills with revised up tariffs.
In India, religion and socialism commingle and collide.
Prior to the crisis, the official said, Litro imported around 33,000 MT per month.
The minister said enough fuel stock is available with the state-run Ceylon Petroleum Corporation (CPC)
September tourist arrivals have plunged to lowest in 11 months.
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