Notable
Prices from a little below Rs2 mn to Rs3mn per MW per month
Present tariffs to remain for next three months
Higher fuel use
The reform program is proceeding in a fragmented and ad-hoc manner
“We can’t taste it and see [ha-pa-la ba-lan-na be-he]."
Grid-scale energy storage solution to store excess energy
Sri Lanka's CEB is developing two off shore sites, for wind power, with one location off Mannar
Our preference is to go ahead with the bidding round that was concluded,
CEB says profit on forecasted profits only allows 1-pct tariff cut
Sri Lanka has aimed at going carbon neutral in 2040
The Mannar site is substantially superior in energy yield compared to Puttalam
We have not yet taken a decision
.
Contingent on cost recovery and competitive renewable energy
The US SEC alleges bribery scheme during a $750mn bond sale in the US by Adani Green Energy
The NPP has pledged to minimize usage of fuel in electricity generation, reduce tariff
| 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 | - | - |
JVP-affiliated trade unions strongly opposed the latest IMF-advised reforms presented by the previous government
Adani deal is challenged in Sri Lanka's Supreme Court
The project will at 35MW of solar to Sri Lanka
Adani deal has been challenged in Supreme Court
The loan will be covered by a Treasury Guarantee
New govt was heavily criticized for reports of cancelling competitive bidding process
Under previous govt, decision was made for CEB to follow open tender process in buying fuel
CEB has been running at a loss until price adjustments done in 2022 based on market values
There are adequate stocks of petroleum products and coal for power generation and fuel supply, he said.
The plants will be connected to Anuradhapura, Galle and Deniyaya substations
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