Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.14%
12M T-Bill Rate9.95%
2Y T-Bond Rate10.10%/ 10.20%
4Y T-Bond Rate11.60% / 11.70%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

Fuel based Thermal electricity generation picked after NCPP breakdown

EnergyAug 21, 2022
Fuel based Thermal electricity generation picked after NCPP breakdown

The breakdown happened in Unit 1 of Norochcholai Coal Power Plant (NCPP) has pushed country to extend the regular daily power cut. The power generation via Fuel-thermal fell almost zero thanks to favorable weather but it's contribution back to 26% in the last few days.

Sri Lanka’s daily power cut durations were reduced from three hours to one hour due to the supply of hydroelectricity thanks to heavy monsoon rains.

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