Connect with us

News

CEB acquires 163 MW power plant

Published

on

The Ceylon Electricity Board has successfully acquired the 163 MW Combined Cycle Power Plant which was operated by Sojitz Kelanitissa (Pvt) Limited on March 28, 2023.

The acquiring process was initiated in the latter part of the year 2022, in accordance with the terms and conditions of the Power Purchase Agreement (PPA).

The untiring efforts of the CEB team led by the General Manager, CEB; Eng. Rohan Seneviratne has resulted to enhance CEB’s power plant capacity by 163 MW.

Under the GOSL policy framework, CEB signed the PPA with Sojitz Kelanitissa (Pvt) Limited in June, 2000 as an Independent Power Producer (IPP) on BOOT basis. The contract period was for 20 years and the power plant is located in Colombo, Kelanitissa Power Plant complex.

CEB negotiations were very hard especially due to economic constraints, obstacles, challenges, and many issues including legal aspects; but CEB has managed to overcome those difficulties and finally owned a 163 MW power plant. CEB appreciates all those government entities who have helped immensely to complete the acquiring process successfully.

Further, CEB appreciates Sojitz Kelanitissa (Pvt) Limited for the operation of power plant over 19 years and for the cordial cooperation extended during the negotiation and transfer process of the facility.

CEB has foreseen the future power requirements of the country and facilitated the acquisition process in order to increase its power generation capacity. The CEB owned

163 MW facility is compatible with LNG with some minor modifications and hence enables to reduce the current cost of generation when conversion takes place.

(dailymirror.lk)

News

CC approves 02 new appointments to Court of Appeal

Published

on

By

The Constitutional Council (CC) has approved the appointment of two High Court judges as Justices of the Court of Appeal.

It is reported that the Constitutional Council, chaired by Speaker Dr. Jagath Wickramaratne, met recently and approved the nominations submitted by President Anura Kumara Dissanayake on the recommendation of Chief Justice Murdu Fernando.

Accordingly, approval has been granted for the appointment of Colombo High Court Judge Aditya Patabendige and High Court Judge (Civil Appeals) Frank Gunawardena as Justices of the Court of Appeal.

However, it is reported that the proposal to appoint Acting President of the Court of Appeal, Justice Mohammed Thahir Laffar, as a Supreme Court Justice was not considered by the Constitutional Council.

It is stated that the government withdrew the nomination concerning him, as there is currently no vacant seat on the Supreme Court bench.

Meanwhile, on March 11, three newly appointed Court of Appeal Justices were formally sworn in before President Anura Kumara Dissanayake at the Presidential Secretariat.

(adaderana.lk)

(Except for the headline, this story, originally published by adaderana.lk has not been edited by SLM staff)

Continue Reading

News

03 companies of Daya Gamage to be auctioned

Published

on

By

The Colombo Commercial High Court has ordered to publicly auction three companies said to be belonging to former MP Daya Gamage.

According to the Registrar and Deputy Fiscal of the Colombo Commercial High Court, the auction will be held on July 02 at 10am.

The decision to auction these 03 companies was made to recover a sum of Rs. 104,229,342 owed to a leasing company, People’s Leasing & Finance PLC.

As the respondents have paid approximately Rs. 4,080,000 out of the Rs. 108,309,342 to the leasing company, the auction will proceed in accordance with the judgment issued on Nov. 10, 2022, to recover the remaining amount.

The companies scheduled to be auctioned are Daya Group of Ltd., Daya Apparel Exporter (Pvt) Ltd., and Olympus Construction (Pvt) Ltd.

(Source : Deshaya)

Continue Reading

News

President AKD returns to SL

Published

on

By

President Anura Kumara Disanayaka has returned to Sri Lanka today (June 15) after a successful visit to the Federal Republic of Germany from June 11 -13.

A statement issued in this regard by the Sri Lankan Ministry of Foreign Affairs, Foreign Employment and Tourism further notes :

President Disanayaka undertook the visit at the invitation of the President of Germany, Frank- Walter Steinmeier, who welcomed him at the Bellevue Palace in Berlin on 11 June 2025, with a ceremonial Guard of Honour accorded by the German Armed Forces.

During the bilateral talks, the two heads of state focused on further strengthening the cordial bilateral relationship and utilizing emerging economic opportunities in areas such as vocational training and the tourism industry. President Disanayaka also briefed the German President on the recent developments in Sri Lanka, including the economic stabilization and reconciliation efforts undertaken and envisaged future action.

During the visit, the German Foreign Minister Dr. Johann Wadephul and German Federal Minister for Economic Cooperation and Development Ms. Reem Alabali-Radovan called on President Disanayake. The discussions with the German Foreign Minister Dr. Wadephul focused on increasing the growing bilateral exchanges between the two countries, economic stabilization efforts, enhancing German investment, the GSP plus trade facility with the European Union, and strengthening cooperation in the multilateral arena.

During the meeting with Minister Alabali-Radovan, President Disanayaka appreciated the development assistance from the German government, which had benefitted the country for more than 65 years, with recent examples being the German-Sri Lanka Friendship Maternity Hospital in Galle and the German Technical Training Institute in Kilinochchi. Discussions also focused on future projects, especially expanding vocational education and training opportunities.

During the visit, the State Secretary of the German Federal Ministry for Economic Affairs and Energy, Dr. Thomas Steffen called on Sri Lanka’s Minister of Foreign Affairs, Foreign Employment and Tourism Vijitha Herath and discussed Sri Lanka’s recent economic progress, improved political stability, and the government’s ongoing efforts to create a more investor- friendly environment.

The visit primarily focused on strengthening economic cooperation between the two countries, including considerable opportunities in emerging areas. Addressing a business forum organized by the Sri Lanka Embassy in Berlin, the German Chamber of Commerce and Industry (DIHK) and the German Asia-Pacific Business Association (OAV) and held at the headquarters of the DIHK, President Disanayake reiterated that Sri Lanka will create a conductive and transparent investment climate and invited the business community to make use of opportunities presented by Sri Lanka’s development potential and strategic location.

At a meeting with key tourism industry associations in Germany focused on outbound tourism, President Disanayake explained the plans of the government to protect the sustainable nature of the tourism industry of Sri Lanka and to address constraints such as human resource development to ensure the continued growth of the vital industry. The President also addressed aspects related to investment in the tourism industry.

The President was accompanied to the meetings by the Minister of Foreign Affairs, Foreign Employment and Tourism Vijitha Herath; Sri Lanka’s Ambassador to Germany Varuni Muthukumarana; Director General for Europe and North America at the Ministry of Foreign Affairs, Foreign Employment and Tourism Sugeeshwara Gunaratna; Chairman of the Board of Investment Arjuna Herath; and other Senior Government officials.

Continue Reading

Trending

Copyright © 2024 Sri Lanka Mirror. All Rights Reserved