Notable
Committee made up of CEB, Institute of Engineers and academic representatives
Bids were called by the State-owned Ceylon Petroleum Corporation from registered suppliers, and 6 bids were received.
Both agencies have cashflows to manage as long as price hikes are allowed by the regulator
The court has not given a decision yet
It is not possible to buy at high prices and sell at low prices
This marks a significant step toward securing the contract for this major renewable energy development.
Weekend power cuts reduced with rain
Sri Lanka's state-run Ceylon Petroleum Corporation has a habit of getting oil on credit and paying later
The move could allow investors to enter into petroleum products
In the first eight months of 2022, the CEB incurred a loss of 108.6 billion rupees.
"But the recruitment process must change."
"We have given permission to provincial offices to identify [commercial] threewheeler taxis in their respective area."
Group A-W will have 1 hour and 20 minutes power cut during the night.
Auto Diesel is reduced by 15 rupees per and the new price is 415 per liter.
90% of oil distribution on the island is controlled by state-run Ceylon Petroleum Corporation
Sri Lanka raised electricity tariff to record high to reduce losses
| 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 | - | - |
Sri Lanka has been maintaining daily power cuts since March this year
Firm also building a 15MW wind farm in Mannar
Group A-W will have 1 hour and 20 minutes power cut during the night.
Some leading monks last month threatened not to pay electricity bills with revised up tariffs.
In India, religion and socialism commingle and collide.
Prior to the crisis, the official said, Litro imported around 33,000 MT per month.
The minister said enough fuel stock is available with the state-run Ceylon Petroleum Corporation (CPC)
September tourist arrivals have plunged to lowest in 11 months.
CPC trade unions oppose the move citing that the government is privatizing the state-run firm
This will be the third time Litro gas has reduced prices in the last three months.
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