Sri Lanka prepare for New Zealand challenge with unchanged T20I squad
Sri Lanka have named a strong 16-member squad led by Charith Asalanka for a six-match white-ball series involving three T20Is followed by three ODIs, against New Zealand.
CPC Chairman Sumith Wijesinghe said last week that they were losing between 800 to 1,000 billion rupees a day due to selling the fuel at a below-market rate.
Sri Lanka’s state-owned Ceylon Petroleum Corporation (CPC) has increased fuel prices to a record high.
With the latest price hike on Monday, the price of Octane 92 petrol rose by 33.1 per cent to a record 338 Sri Lankan rupees ($1.04) a litre, and the price of auto diesel increased by 64.2 per cent to 289 rupees.
Advertisement
This is at par with the prices of Lanka IOC, a subsidiary of Indian Oil Corporation, which hiked its fuel prices from midnight Sunday, Xinhua news agency reported.
Advertisement
CPC Chairman Sumith Wijesinghe said last week that they were losing between 800 to 1,000 billion rupees a day due to selling the fuel at a below-market rate.
However, it is not the first time the CPC has increased fuel rates this year. It had introduced fuel rationing on April 15.
Advertisement