Notable
36,900 breakdowns resulting in power interruptions to more than 300,000 consumers in the last three days due to weather
Sustainable Energy Authority blocked low price financial bids from being opened?
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
In 2024 March quarter profits were also bloated by capital gains
The fact that Spain has a high production of electricity from renewable sources has no link to the grid failures
Private bus and school van operators have threatened to stop services if diesel shortages continue
Saturday's power cut duration has declined to 8.5 hours from Friday's 12 hours
The regulator says relevant authorities have failed to take advice given since 2016
Power cut duration has been extended mainly due to lack of fuel amid severe shortage of US dollars for imports.
We can reduce power cuts to some extent after that
The CEB increases the duration of power cuts
Sri Lanka faces grim reality of the dollar shortage-led fuel, power crisis
Power cut duration has been increased to 10 hours from Wednesday
State banks heavily exposed to energy utilities
Sri Lanka is facing extended power cuts due to lack of fuel imports and drought.
| 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 | - | - |
The lack of fuel also has resulted in large queues for diesel and petrol despite record price hikes
Power demand up as price increase delayed
Sri Lanka is facing daily scheduled power outages as a result of an ongoing forex shortage.
"We also have one million metric tons of coal which is enough for the next four to five months."
Areas ABCDEFGHIJKL will have power cuts 5 hours
Due to lack of fuel, the Kerewalapitiya power plant had to be shut down from Thursday (24) onwards.
Meanwhile, Sri Lanka’s power regulator is considering a hike in electricity prices.
Areas PQRSTUVW will have power cuts of 6 hours and 20 minutes
Areas ABCDEFGHIJKL will have power cuts of 5 hours
The CEB was now losing Rs13per unit and a tariff increase has been sought to get Rs14bn in revenues
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