Notable
PAP MHPL Solar in power purchase agreement with the Ceylon Electricity Board
Plants range from 5 to 3 MW
Responsibilities of engineering, procurement, construction, and commissioning for Sobadhanavi as turnkey contractor
The 350MW combined cycle is expected to eventually run on LNG
The changes will be incorporated to the bill and presented to the committee on July 17.
The panels will also track the sun and move, to get the maximum light
The breakdown has occurred in Unit 1 of the plant.
Norochcholai has been in a constant state of breakdown or maintenance over the years.
Sri Lanka hiked its electricity tariffs for the first time in 9 years last week.
Electricity prices were last hiked in 2013 however were slashed almost by 25% in 2014
FTZMA said the high tariffs which are driving up cost of production would make Sri Lankan products highly uncompetitive
“On holidays, power consumption goes down by almost 10 percent. That benefit is being passed down to the people."
The decision was made “despite several objections raised against the proposed scheme,” the PUCSL said.
This will be the first time electricity rates are increased in nine years.
For the first time since April, the country did not cut power on Aug 06-07 due to hydropower generation
This is the first time since mid-April 2022 the daily power cuts have not been implemented.
| 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 | - | - |
Sri Lanka has been in discussion to go for nuclear power from 2010.
Between 6 am and 8.30 am, the Colombo City center will face a power cut of two hours and 30 minutes.
Power cut duration is maintained at 3 hours
Along with fuel shortage, the power cutting still prevails
Groups MNOXYZ will have 3-hour power cuts from 5.30am to 8.30am.
Power cut duration is maintained at 3 hours
Power cut duration is maintained at 3 hours
Sri Lanka maintain power cuts amid fuel shortage
The country's dollar shortage has led to power cuts as the government is unable to import diesel for generation
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated 1/1/20) and Privacy Policy and Cookie Statement (updated 1/1/20). Your California Privacy Rights. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Condé Nast. Ad Choices.
Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
© 2023 Echelon Media (PVT) Ltd. All Rights Reserved
4 min read