Notable
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
The large capacity long-distance transmission, will help Sri Lanka reduce CO2 emissions by reduces energy losses
Private renewable power made up solar, wind and mini hydro grew 28.7 percent to 413 GWh
Sri Lanka has been implementing intermittent power cuts since March last year
Sri Lanka's relationship with Saudi was hit by forced cremation under former president Gotabaya Rajapaksa
The PUCSL has been critical on excess electricity tariff hike planned by CEB
Sri Lankans face around 65% tariff hike on top of a similar price hike last year
To revise the rates a public hearing is required which take a minimum of 45-days
new tariff hike is expected to increase the current rate by more than 50 percent
"We have secured around 25 coal shipments for this year."
Regulator has been in a tug-of-war with CEB, minister in the last 6 months.
Government has already increased tariffs by over 50% in 2022
Their target is to earn 100 billion rupees from all citizens that uses less than 120 units in 2023
| 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 | - | - |
"Parties that came for tenders and put bids can no longer proceed on the basis of tenders."
CEB would need liquid fuel of Rs35bn before coal in January
"We think we can reduce the generating cost from 47 rupees a unit to about 40 35 rupees."
Those companies are talking among themselves to operate jointly as far as I know
Deliveries to start from February 2023
"PUCSL has not given sufficient increase in an August decision."
Existing coal stock are enough to operate two coal plants till January 08
Sri Lanka faced 13 hour power cut in March this year after the govt could not import fuel
As directed by PUCSL, CEB Board of Directors & Trade Unions have agreed to forego bonus for the year 2022
Power regulator chief has been opposing many moves by power minister
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