Notable
.
Any curtailment should be capped, the industry says
Originally it was signed as a coal plant, later changed to LNG and now as solar power
IOC to supply 414,000 liters, Chevron to supply 389,000
Firms on competitive bidding sells unit around Rs15 to Rs18 and FIT around Rs25
The benefit came from economies of scale and shared operational efficiencies of the consolidated structure
CEB has settled arrears payments amounting to four billion rupee from the previous year.
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
Ground clearing begun around 3 tanks
Sri Lanka’s government has priortised regional energy integration, the minister said.
The price revision will be done inline with the newly introduced pricing formula based on global prices
CPC and CPSTL have not been operating on Sundays and public holidays in the last 4 months
Lanka Industrial Kerosene will be cut by 60 rupees a litre to 270 rupees.
KIAT will give a grant of 5.2 million dollars to the Sustainable Energy Authority in order to build the projects.
The new ration will be effetive from midnight May 31.
| 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 |
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| 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 | - | - |
Fuel Quota currently allowed on the National Fuel Pass QR system will be increased from the next month
“Being a member of an independent commission does not allow him to make political decisions."
No mention was made of the proposed tariff for industrial or commercial users.
Sri Lanka parliament has 'bizarre record' over independent commissions
Expected to begin operations within 45 days of licensing
Nearly 200,000 users had moved down to the below 30 unit a month category
Costs estimated for the second half of 2023 had a fallen around 27 percent
The contract will run from June 01, 2023
The operating loss was down to 19.2 billion rupees from 35.1 billion rupees
There will be no power cuts due to the shutdown, Minister said.
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