A new Grounded-Capacitor Single Resistance Controlled Sinusoidal Oscillator (SRCO) with explicit current output using two Current Conveyors (CCs) and five passive elements is presented. The proposed circuit offers (i) independent control of condition of oscillation and frequency of oscillation, (ii) low active and passive sensitivities, (iii) use of both the grounded capacitors (suitable for IC implementation) and (iv) reasonably good frequency stability. The workability of the proposed configuration has been confirmed by the PSPICE simulations.