Notable
China's move comes after US funding cut for climate change, Indian Adani's withdrawal
Gov to call for investment proposals for oil and natural gas exploration and production in 4 blocks in Mannar Basin
The fact that Spain has a high production of electricity from renewable sources has no link to the grid failures
Sri Lanka is moving towards carbon neutral goal by 2042
"Cargo shipments under the new supply arrangement have been secured, and distribution normalization is underway
Project financing is expected to follow an 80:20 Debt-to-Equity structure, totalling 1.73 billion rupees
Cabinet grants approval for signing of the treaty on prohibition of nuclear weapons.
Japan will bear the cost of an expert to drive Sri Lanka's power sector reforms, the country's aid agency said.
Amid rise in gas prices
Litro says price rise was moderated by extra stocks ordered last month at a lower price
To buy 50-pct of the exiting contract after December
The minister told reporters on Friday that consumers can purchase fuel without scanning their QR code from now on.
Sinopec Energy Lanka (Pvt) Ltd has started selling diesel and petrol 3.00 rupees below price set by CPC.
“At present water levels, even without rain, we have enough water for 80 to 90 days, we can run,” he said.
By 2040, 1000 to 2000MW could be developed
| 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 | - | - |
Sri Lanka faced power cuts last year after failing to import fuel
A 12MWh battery system will protect the grid from ramping
Evaluation may take 4 to 6 weeks
“With access to solar, wind, and green energies, the Mannar district can be developed into an energy hub,” he said.
New private plants could be cheaper than CEBs own older plants
Private plants cheaper than some of the CEB's older generators
Bid are to be called from ACE Matara, ACE Embilipitiya and V-Power which can connect to the Southern grid
The reservoir will be shut down on August 16 for power generation preserving the dead storage of water of the dam.
“If the dispute is settled the work can be completed in four days," he said.
A contract agreement was signed with Sinopec in May to distribute fuel locally through 150 filling stations
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