Notable
Cash of $60mn and amortizing bonds
“This project operates through the subsidiary of PAP and starts revenue generation from today,”
Quarter on quarter profits were down from 5.3 billion rupees in June
India’s Adani Group withdrew Mannar wind power plant early this year amid price disagreement
Two committees appointed to investigate power failure of Feb 2025, made 12 recommendations to secure grid
CEB has been replaced with 6 state-owned companies
The power cuts will start around 1530 pm and end at 1000 pm in four separate time slots of 90 minutes each.
They don't have flexibility to control because they have limited inertia
Taking large power plants off the grid reduces system stability
Sri Lanka's power grid lacks stability, due to lack if ability to handle large volumes of rootfop solar
Competitive bidding to reduce costs
Mannar wind system has plant factor in excess of 40-pct
National long-term rating of CEB and its senior unsecured debentures have been upgraded to A(lka) from BB+(lka)
New govt has canceled the earlier power purchase agreement
The plant has generated 1421 GWH of energy over the past 4 years
After the review is completed, we can decide what changes to be made
| 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 | - | - |
Court cases have temporarily halted Adani projects.
The joint venture between Ceylon Electricity Board and NTPC of India envisages a 135MW solar plant
PUCSL announced 20% price reduction against the CEB's no change in the first half of 2025
We have put a cabinet paper for that. It is awaiting Treasury observations
"We will reactivate it and quickly implement it"
There were 49 proposals in response to expression of interest which were not competitive tender
Committee made up of CEB, Institute of Engineers and academic representatives
Both agencies have cashflows to manage as long as price hikes are allowed by the regulator
The court has not given a decision yet
.
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