Notable
"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
Sri Lanka will review the battery price electricity price next year after watching the competitive bid
Strong growth from CEB hydro as well as private renewable
Sri Lanka has been in deal for LNG plan since 2000, but successive govts have failed to finalize deals
A new electricity act will be enacted
"Most CEB unions and senior management agree that a revision is needed," he said.
Wijesekara did not provide a breakdown of this unit cost.
CPC sells overpriced fuel, high demand projections require more expensive liquid fuel
"I will discuss this at the cabinet meeting and also take it up with the Ministry of Power & Energy."
They are paying about 385 plus rupees per litre for furnace oil
Water levels down, fuel costs up
Electricity Reforms Bill will be drafted within a month
If after raising prices in January, costs fall in July due to renewables, then we can lower the price
| 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 | - | - |
Owes CPC and IPPs Rs148bn and banks Rs168bn
Sri Lanka has faced short supply of coal
But the 2 hour power cut will return from Tuesday.
Opposition legislator Harsha de Silva has called the social security contribution levy a travesty.
The CEB had 10 months worth of arrears totaling 35.18 billion rupees dating back to October 2021.
Weekend power cuts reduced with rain
The move could allow investors to enter into petroleum products
In the first eight months of 2022, the CEB incurred a loss of 108.6 billion rupees.
Group A-W will have 1 hour and 20 minutes power cut during the night.
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