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Sri Lanka’s northern Jaffna gets two more wind power plants for Rs4.4bn

Sri Lanka’s northern Jaffna gets two more wind power plants for Rs4.4bn

Two more renewable energy power plants are to be built in Sri Lanka’s northern Jaffna peninsula with an investment of 4.4 billion rupees, the Board of Investment said in a statement. They are among three new ventures awaiting commercial operation, the investment promotion agency said. One wind power…

China establishing rubber Free Trade Zone in Sri Lanka

China establishing rubber Free Trade Zone in Sri Lanka

China has begun establishing a rubber Free Trade Zone (FTZ) in Sri Lanka. The arrangement will help promote the country’s rubber industry and boost sector earnings. In return, China is asking for long-term access to lands and tax concessions, according to various media reports. The FTZ that will support…

Sri Lanka ready to create artificial rain for hydropower generation

Sri Lanka ready to create artificial rain for hydropower generation

Ceylon Electricity Board and Sri Lanka Air Force today signed a memorandum of understanding to facilitate the project of creating artificial rain for hydropower generation. The Air Force has agreed to provide aircraft modified especially for this purpose while the Thai government is providing technical expertise for the…

Vestas bags EPC deal in Sri Lanka, 219 MW of turbine deals in China

Vestas bags EPC deal in Sri Lanka, 219 MW of turbine deals in China

Vestas Wind Systems A/S (CPH:VWS) has secured an order to build Sri Lanka’s first large-scale wind farm, a…

CEA to use drone technology to environmental issues

CEA to use drone technology to environmental issues

The Central Environmental Authority (CEA) of Sri Lanka has taken measures to use drone technology for field tests…

Kaspersky Lab makes inroads into Sri Lanka with new distributor SATL

Kaspersky Lab makes inroads into Sri Lanka with new distributor SATL

Global cybersecurity company Kaspersky Lab has been successfully expanding its business in the South Asia region. Continuing to…

Lankan company designs world’s largest underwater restaurant

Lankan company designs world’s largest underwater restaurant

AKDA Engineering Group Sri Lanka which designed the world’s first underwater night club, spa and wine cellar has…

Sri Lankan IT-BPM delegation visits Sydney for market expansion

Sri Lankan IT-BPM delegation visits Sydney for market expansion

In collaboration with the Consulate General of Sri Lanka in Sydney, seven IT-BPM companies led by Information and…

ADB funds to help Sri Lanka tackle surge in ‘lifestyle’ diseases

ADB funds to help Sri Lanka tackle surge in ‘lifestyle’ diseases

Sri Lanka has seen a decline in polio, malaria and filariasis in the past two decades but there…

Oil, Gas prospecting in Mannar Basin commences

Oil, Gas prospecting in Mannar Basin commences

Natural Gas and Oil prospecting in the Mannar Basin of the Sri Lanka Maritime Zone commenced yesterday. The…

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