Notable
Sri Lanka has aimed to be 70 percent carbon neutral by 2030
Bid evaluation ongoing
Concerns raised over foreign financing in particular
10 MW Sooryashakthi Solar Power Project in Sri Lanka's eastern Batticaloa region,
As a general policy we want to buy all electricity units on a competitive basis and bring down costs
A deficit of LKR 13,094 million has been estimated for the period from January to March 2026 requiring a tariff increase
Roundtable on Advancing Energy Transition to focus on attracting investments in renewable energy sector
The cost of reaching a very low carbon emission target may be around 40 billion US dollars
The rupee also appreciated in the March quarter
Twenty-eight percent (28-pct) of share ownership
"We urge the authorities to consider these risks and explore alternative locations"
Wheeling allows power from a plant to be carried to a different location by paying a fee to the network operator
Sri Lanka is in discussion for Saudi investments
Demand for solar power is coming back as the Return on Investment is now higher
"We say to parliament members, if you have a conscience, do not raise your hand in support of this bill," added Jayalal.
May be by May we hope to conclude the negotiations
| 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 | - | - |
Public will have two weeks from day of presenting Bill to Parliament to challenge its legality in Supreme Court
The long delayed project was originally to be completed in 2024
The electricity reform bill is linked to a $100mn budget support loan from the Asian Development bank
Iran could not fund the project as promised due to the economic sanctions by the U.S.
New electricity reforms bill to be gazetted in next two weeks and presented to Parliament during April
They are now proposing 8.85 US cents or about 26.90 rupees
EIA, tariff questioned in Adani's proposed wind power project in Mannar
The radars will detect any incoming flocks towards and shut down the turbines
USD17mn dollars from Indian credit line to be used to install solar power systems in places of worship in Sri Lanka
The negotiations are ongoing in the modalities
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