Coalgate update from @TimesOnlineLK:
1) The price bids for Lanka Coal Company's (LCC) emergency tender were opened last Wednesday.
2) Surprise 1: Trident Chemphar, the current supplier of problematic coal, bid again, quoting US$20.6 per MT less than the next lowest bidder.
Coalgate II: PUCSL, the electricity regulator, produced a report on the quality of coal imported via Trident Chemphar, using primary data from Lanka Coal and Lakvijaya coal power plant (LVP). It revealed shocking, yet predictable, details:
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