Notable
Sri Lanka to resolve outstanding issues within a month
Current ruling party strongly opposed Trincomalee oil tank farm JV with India
The new administration discussed with China and agreed to fast track the refinery
The joint venture between Ceylon Electricity Board and NTPC of India envisages a 135MW solar plant
Could connect close to 1,000MW by year end
RFPs will be called after EOI responses are evaluated
Wijesekara did not provide a breakdown of this unit cost.
The proposal that was presented was for an automatic cost reflective tariff mechanism
CPC sells overpriced fuel, high demand projections require more expensive liquid fuel
"I will discuss this at the cabinet meeting and also take it up with the Ministry of Power & Energy."
They are paying about 385 plus rupees per litre for furnace oil
Water levels down, fuel costs up
Electricity Reforms Bill will be drafted within a month
If after raising prices in January, costs fall in July due to renewables, then we can lower the price
It is after nine years that the prices were revised
“As our president put it, when the elephants fight, it’s the grass that gets trampled."
| 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 | - | - |
Admin measures usually could include rate ceilings
Owes CPC and IPPs Rs148bn and banks Rs168bn
Amid currency collapse
Both diesel and kerosene had been sold at a loss before the price hike
Sri Lanka has faced short supply of coal
A 12.5kg cylinder price will be raised by Rs80 to Rs4,360
But the 2 hour power cut will return from Tuesday.
"Non placement of orders by dealers anticipating a price reduction has led to fuel stations drying up," Wijesekera said.
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