Inflation ( CCPI)0.9% (March 2024)
GDP4.5% (4Q 2023)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate10.03%
12M T-Bill Rate10.23%
2Y T-Bond Rate10.85%/ 11.00%
4Y T-Bond Rate12.10% / 12.20%
USD/LKR300/301
Reserves $4.951Bn (March 2024)
Cum. Trade Deficit $860 Mn (Feb 2024 cumulative)
Cum. Fiscal DeficitLKR 2,020 Bn (Nov 2023)

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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