Notable
CEB aims to secure long-term funding from international agencies to minimize impacts on electricity tariffs
MOU for coal power plant was signed in 2006.
The disturbance resulted in an imbalance between generation and demand, leading to cascading disconnections
Adani Group withdrew from its projects last week after the new government wanted to revise down prices.
The CEB will give a 15-year concession to investors to operate the plant.
Pump storage is one of the solutions that AFD is really keen to support
Under the project 20 riders will be recruited to pilot e-bikes for delivery services.
Sri Lanka is currently going through a debilitating heat wave.
A financial and human resource audit is planned
Despite intense political concern with Buddhism and socialism, Ambedkar strangely relegates them to separate spheres.
The meters will be installed in the Dehiwala area
New players being able to import and supply fuel to the country will also reduce the over-reliance on the CPC
Sri Lanka’s electricity prices have more than doubled in the last 12 months
Currently the highest percentage of the power to the main grid is being generated by the coal power plant.
“If the government still doesn’t get it, at midnight on March 14 all trains will stop, as will power supply."
| 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 | |
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| 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 | |
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| 3-m bill | 7.61 | 7.84 |
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| 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 | - | - |
A roadmap and timeline will be submitted to the cabinet of ministers on the matter, said Wijesekara.
The CEB move has mainly burdened lower unit consuming users, the official CEB data showed.
"I have instructed Secretary to the Min of Power & Energy to commence the process to terminate them," he said.
People have started street protests against high electricity tariff
"It is a cost-effective but highly risky power source," Gunawardana said.
"A reforms office will be opened at the Ministry of Power & Energy to see through the transformation."
Progress of the Renewable energy project of 500 MW in Pooneryn & Mannar
Rs 22 bn from Bank of Ceylon and Rs50 bn from People's Bank
Sri Lanka has raised electricity tariff more than 100 percent in the last 7 months
"However I know one thing, and that is the CEB is unable to manage whatever the income they get."
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