Notable
“This investment adds a reliable fuel provider to the market.”
Power purchase agreement signed for a 9.08 MW solar photovoltaic (PV) installation
CEB aims to secure long-term funding from international agencies to minimize impacts on electricity tariffs
MOU for coal power plant was signed in 2006.
Currently the highest percentage of the power to the main grid is being generated by the coal power plant.
The project will be piloted with a 6.83bn won grant
Sri Lanka has urged India to develop the energy hub of South Asia in Eastern Trincomalee.
“If the government still doesn’t get it, at midnight on March 14 all trains will stop, as will power supply."
CM Ports is already running Hambantota Port
A roadmap and timeline will be submitted to the cabinet of ministers on the matter, said Wijesekara.
The CEB move has mainly burdened lower unit consuming users, the official CEB data showed.
"I have instructed Secretary to the Min of Power & Energy to commence the process to terminate them," he said.
Records show a reduction of about 50 percent in auto diesel, about 30 pertol in petrol, and about 70 percent in kerosene
People have started street protests against high electricity tariff
| Latest | Last | |
|---|---|---|
| US Dollar | 332.5018 | 332.3603 |
| UK Pound | 440.0661 | 440.9424 |
| Euro | 367.7137 | 368.4879 |
| Yen | 2.0793 | 2.0805 |
| Aus Dollar | 226.4670 | 227.4342 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.5357 | 3.5474 |
| Korean Won | 0.2494 | 0.2492 |
| Oman Rial | 863.5962 | 863.2287 |
| Saudi Riyal | 88.5939 | 88.5586 |
| UAE Dirham | 90.5259 | 90.4874 |
| pts | % | |
|---|---|---|
| S&P SL20 | 6,293.72 | -1.13% |
| CSE All Share | 22,024.18 | -0.60% |
| Turnover Rs | 3232.70 million | 2975.05 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 | - | - |
Prices of Auto diesel price, Super diesel, petrol 95 Octane and 92 Octane remained unchanged.
"It is a cost-effective but highly risky power source," Gunawardana said.
"A reforms office will be opened at the Ministry of Power & Energy to see through the transformation."
Progress of the Renewable energy project of 500 MW in Pooneryn & Mannar
Also burdened with higher income tax and rising utility prices
Rs 22 bn from Bank of Ceylon and Rs50 bn from People's Bank
Sri Lanka has raised electricity tariff more than 100 percent in the last 7 months
"However I know one thing, and that is the CEB is unable to manage whatever the income they get."
Sri Lanka will finally end daily scheduled power cuts from Thursday February 16
Sri Lanka stops power cuts after increasing electricity tariff more than double from January last year
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