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Monday September 25th, 2023

Sri Lanka schedules power cuts up to 12 hours for April 01

ECONOMYNEXT – Power cuts of up to 12 hours in some areas in Sri Lanka have been approved for Friday (01), Public Utilities Commission Chairman Janaka Ratnayake said as a flexible exchange regime created severe foreign exchange shortages and power deficits in the dry season.

Areas A, B, C, D, E, F, P, Q, R, and S will see two hours of power outages from 4am to 6am, four hours from 8am to 12pm and six hours from 4pm to 10pm.

Areas G, H, I, J, K, L, T, U, V, and W will experience two-hour power cuts from 6am to 8am, four hours from 12pm to 4pm and six hours from 6 pm to 12am.

Areas M, N, O, X, Y, and Z, however, will lose power only for 5.5 hours, with a 3.5-hour interruption from 5.30am to 9am and a two-hour cut from 4pm to 6pm.

Areas in the CC group will have a 3.5-hour power cut from 6am to 9am.

Download the power cut schedule for April 01.

Though the government has said the duration of the power cuts will be reduced gradually, it has been extended mainly due to lack of fuel amid severe shortage of US dollars for imports.

The lack of fuel has also resulted in long queues for diesel and petrol despite record price hikes. (Colombo/Mar31/2022)

Comments (4)

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  1. M. Welgolle says:

    To anyone who depends on these schedules:
    Please DO NOT depend on these schedules as they are extremely unreliable and inaccurate. Power cuts and restorations are never at the given times.
    To the authorities:
    Please DO NOT make schedules like these if you are unable to respect them an adhere to them. What you’re doing is MISLEADING the public. I’m sorry to say this, but it is the stark reality and the truth.

  2. Nihal Jayawardena says:

    Please give us power night two hours not 6 pm to 12pm because our children’s are studying for exams.

  3. KS Charles says:

    There are areas mentioned, by alphabetical order, do your office believe that can identify the areas, by the peoples .
    I hope even your office can’t.
    kindly publish areas by name.

  4. samantha frnando says:

    power cut sedul

View all comments (4)

Comments (4)

Cancel reply

Your email address will not be published. Required fields are marked *

  1. M. Welgolle says:

    To anyone who depends on these schedules:
    Please DO NOT depend on these schedules as they are extremely unreliable and inaccurate. Power cuts and restorations are never at the given times.
    To the authorities:
    Please DO NOT make schedules like these if you are unable to respect them an adhere to them. What you’re doing is MISLEADING the public. I’m sorry to say this, but it is the stark reality and the truth.

  2. Nihal Jayawardena says:

    Please give us power night two hours not 6 pm to 12pm because our children’s are studying for exams.

  3. KS Charles says:

    There are areas mentioned, by alphabetical order, do your office believe that can identify the areas, by the peoples .
    I hope even your office can’t.
    kindly publish areas by name.

  4. samantha frnando says:

    power cut sedul

Sri Lanka sells 2028 bonds at 14.52-pct

ECONOMYNEXT – Sri Lanka sold all offered bonds in 2026 and 2028 maturities raising 220 billion rupees from an auction Monday, data from the state debt office showed.

The debt office sold 135 billion rupees of 1 June 2026 bonds to yield 15.64 percent.

Another 85 billion rupees in 01 July 2028 bonds were sold to yield 14.52 percent.

The 2028 bond is offered on tap at the weighted average yield. (Colombo/Sept25/2023)

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Sri Lanka’s stocks end down on Monday after slow day of trading

ECONOMYNEXT – Sri Lanka shares were down at close of trading on Monday.

Turnover was 550 million rupees.

The main All Share Price Index was down 0.36 percent or 40.02 points to 11,216.50, while the S&P SL20 was down 0.44 percent or 14.07 points to 3,164.52.

Trading in the Capital Goods Industry (174,037,134) drove turnover.

Commercial Bank, Expolanka Holdings, and Aitken Spence plc saw losses, while National Development Bank, John Keells Holdings and Melstacorp saw gains in the day’s trading.

The market saw a net foreign inflow of 13 million rupees, while the yearly net foreign inflow was 429 million rupees. (Colombo/Sep25/2023)

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Sri Lanka rupee closes at 324.75/324.90 to the US dollar

ECONOMYNEXT – Sri Lanka’s rupee closed at 324.75/90 to the US dollar on Monday, from Friday’s close at 324.70/325.00 dealers said.

Bond yields were up.

A bond maturing on 01.07.2025 closed up at 15.55/15.70 percent on Monday, after closing at 14.95/15.30 percent on Friday.

A bond maturing on 01.08.2026 closed up at 15.50/15.65 percent up from 14.95/15.10 percent.

A bond maturing on 15.09.2027 closed up at 14.75/15.50 percent from 14.55/15.00 percent.

A bond maturing on 01.05.2028 closed up at 14.25/14.60 from 14.00/14.30 percent.

A bond maturing on 15.05.2030 closed stable at 13.00/13.50.

A bond maturing on 01.07.2032 closed at 12.95/13.45 percent from 13.00/13.45 percent. (Colombo/Sept25/2023)

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