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Tuesday September 26th, 2023
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"We need a long term solution for this. Otherwise the country will go into a more critical situation."
He had also expressed an interest in exploring investment opportunities in renewable energy in Sri Lanka
"You can’t even run the plant using that crude oil. The only option left for the importers is to drink it," he said.
Sri Lankas has raised electricity tariff up to 75% for domestic purpose usage
Also burdened with higher income tax and rising utility prices
Rs 22 bn from Bank of Ceylon and Rs50 bn from People's Bank
‘’Diesel prices increased by one third so travel fees will be increased from 1,800 to 2,000 rupees,” he said.
Power cuts the same as March 14
Power crisis worsened because the authorities denied the CEB of 1-2 hour power cuts to conserve hydro storage
That the Southern grid would face a serious deficit was warned earlier
1 hour block for some areas, 3 hour 15 for others
In the location of the cancelled joint venture coal plant
Octane 92 price was increased by 43.5-pct to record 254 rupees a litre while diesel raised 45.5-pct to 176 rupees.
Ceypetco incurs a loss of 128 rupees per litre of diesel and 80 from a litre of petrol as of March 10 - Ceypetco chief
Sapugaskanda A, Uthuru Janani and Sojitz have diesel to run only for another 1.4, 1.3 and 2.4 days respectively - CEB
Sri Lanka can use the credit line to buy oil from India and also third countries
| 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 | - | - |
Sojitz, Sapugaskanda B and Kelanitissa plants have enough fuel to run for 2.6 days, 1.7 days and 1.1 days respectively...
"I expect your cooperation and understanding in the event there are inconveniences or delays."
However, the PUCSL has not published any approved schedule at the time of writing.
CEB: There is a power deficit of 398 MW for the day peak, 518 MW for the evening peak and 409 MW for the night peak.
"The people were outraged because the power cut inconvenienced their work."
Prime Minister Rajapaksa called for their assistance in what he called the “national duty” of conserving electricity...
Provisional schedule
Private bus owners had requested fuel from SLTB to avoid being in queues with the rest of the public
The scheduled power shedding may not take place or reduced depending on the availability of fuel stocks - PUCSL
P,Q,R,S,T,W areas to have only 4 hours on Saturday
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