Notable
UAE top delegation comes to Sri Lanka following President Dissanayake visit to Dubai in February
As of now there is no renewable curtailment in effect
A price of LNG combined cycle was also set, effective from April 2025
Investment value for the 12 projects amounts to Rs20.79bn and project financing to follow 80:20 Debt-to-Equity
Customers can use the Bank’s Green Loans and Green Leases to finance the purchase and installation of solar panels
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
| 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 | - | - |
Petrol price is increased for the second straight month
From January to June 2023, 143 vessel had called at the port compared to only 50 vessels in the first half of last year
Premium on auto diesel was down to $5.78 from $12.19
The firm reported earnings of 4.59 rupees per share for the quarter.
Power & Energy Minister Kanchana Wijesekara had said earlier that the shipment would arrive end-July.
If one company reduces the price, and others follow, there will be a big benefit
"We aim to provide a solution to the problem of increasing electricity bills to religious places."
A Sri Lankan delegation to India led by President Ranil Wickremesinghe has discussed energy cooperation policy plans.
Sri Lanka's economic crisis has shut down the doors for commercial fundings
I requested them to look at a two-way oil & gas pipeline
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