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Monday December 11th, 2023
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Sri Lanka has been in deal for LNG plan since 2000, but successive govts have failed to finalize deals
A new electricity act will be enacted
"Most CEB unions and senior management agree that a revision is needed," he said.
Prices of all other fuel were kept unchanged
Fernando will be succeeding the former chair, Janaka Ratnayake, who was ousted by a parliamentary vote last month.
600+ MW of LNG power plants available will be pursued
Ongoing daily power cuts of three hours and 20 minutes may have to be extended for five hours if the situation persists.
Power cuts to be maintained at 3 hour 20 mins
Private developers to build transmission lines
New act to cut short processes
Monthly fuel import bill has increased to almost thrice in Many compared to three months ago- Minister
There won't be power cuts on Tuesday due to Ramadan festival - PUCSL
CEB said the duration may be reduced by 30 minutes either at the beginning or end of the slot.
"We allowed some flights to come and refuel at Mattala as well because BIA's fuel was finishing faster"
The price increase comes after nearly 70 percent depreciation in the rupee since March 7
But on April 23, the projected cost had risen by another 200 billion rupees to 705 billion
| Latest | Last | |
|---|---|---|
| US Dollar | 330.2942 | 315.1016 |
| UK Pound | 429.0139 | 401.1871 |
| Euro | 372.1704 | 343.1959 |
| Aus Dollar | 227.2526 | 211.5951 |
| Yen | 2.3820 | 2.1908 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.6453 | 3.5932 |
| Korea Won | 0.2342 | 0.2292 |
| Oman Rial | 780.3569 | 769.4973 |
| Saudi Riyal | 80.1114 | 78.9849 |
| UAE Dirham | 81.7952 | 80.6569 |
| pts | % | |
|---|---|---|
| S&P SL20 | 2,573.80 | 1.00% |
| CSE All Share | 9,073.41 | 0.65% |
| Turnover Rs million | 1,591,766,524.95 | 1,029,335,694.32 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 21.72 | 21.79 |
| 6-m bill | 19.55 | 20.31 |
| 12-m bill | 17.72 | 19.28 |
| 5-yr bond | 21.00 | 22.53 |
| 8-yr bond | 19.42 | 20.55 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 13.93 | 14.00 |
| Gilt Repo | 13.50 | 14.00 |
| I-m SLIBOR | - | - |
Certain friendly states, international suppliers and local private sector have forwarded proposals
State-run fuel retailer CPC is facing a tough task of meeting fuel demand due to dollar shortage
China supplied 730,000 tons of fuel in the six months through January 2022 - Qi
Slots may be reduced by 30min if water is available
Litro has requested for a price hike since the last price hike in October 2021 amid rupee fall, global LP gas price hike
Two hours in daytime and 1 hours 20 min in the night
Litro faced many controversies under former chairman
Sri Lankan government has said India has already agreed for the second 500 million US dollar credit line
Major overhauls delayed due to forex shortages now routine maintenance blocked
Power cuts of 3 hours and 20 minutes have been approved for Sri Lanka on April 21 and April 22
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