Sri Lanka plunges into 10-hour daily power cut as fuel crisis worsens
The HinduThe Sri Lankan government on Wednesday, March 29, 2022, imposed a nationwide 10-hour daily power cut due to shortage of hydro-electricity triggered by non-availability of fuel. “There is a shortage of 750 megawatt due to non availability of fuel to generate thermal power,” the chair of the Public Utilities Commission Janaka Ratnayaka said. Energy minister Gamini Lokuge said the government will make an urgent purchase of 6,000 metric tonnes of diesel from LIOC, the Lanka subsidiary of Indian Oil Corporation. India recently announced to extend a USD 1 billion line of credit to Sri Lanka as part of its financial assistance to the country to deal with the economic crisis following a previous USD 500 billion line of credit in February to help it purchase petroleum products.