BIZ

BOI approval for Adani to set up wind power plants Mannar & Pooneryn

Published

1 month ago

February 22, 2023

editor

The Board of Investment (BoI) of Sri Lanka has issued a letter of approval to India’s Adani Green Energy Limited, for the two wind power plants to be set up in Mannar and Pooneryn at a total investment of USD 442 Million, the body said in a statement.

Accordingly, the wind power plant in Mannar will operate at a capacity of 250 MW while the wind power plant in Pooneryn will operate at a capacity of 100 MW.

The two wind power plants of 350 MW are scheduled to be commissioned in two years and accordingly, they will be added to the national grid by 2025. Also, the new project will generate 1500-2000 new employment opportunities.

Earlier, Minister of Power and Energy – Kanchana Wijesekera had Tweeted that the “progress of the Renewable energy project of 500 MW in Pooneryn & Mannar was discussed with the visiting Adani Group officials this morning at the Ministry of Power & Energy.”

Officials of the Ministry, Ceylon Electricity Board and the Sustainable Energy Authority had participated in this meeting.

Progress of the Renewable energy project of 500 MW in Pooneryn & Mannar was discussed with the visiting Adani Group officials this morning at the Ministry of Power & Energy. Officials of the Ministry, CEB & Sustainable Energy Authority participated. pic.twitter.com/PysgQnyXJc
— Kanchana Wijesekera (@kanchana_wij) February 22, 2023

(Excerpts : sundaytimes.lk)

BIZ

Only 50 Dollars to go to India by passenger ferry!

Published

51 mins ago

March 27, 2023

editor

Sri Lanka will commence the operations of the passenger ferry service between Kankesanthurai and Pondicherry on April 29, the Ministry of Ports, Shipping and Aviation said.

It said a passenger terminal is currently being constructed at the Kankesanthurai Port to facilitate the ferry service by the Sri Lanka Navy.

Ferry owners have mentioned during a recent discussion that they will be charging 50 US Dollars per passenger for a one-way trip, while allowing a passenger to carry baggage weighing 100kg.

A ferry is expected to carry 150 passengers at a time and will take around 4 hours to travel from Karaikal Port in Pondicherry to Kankesanthurai.

Minister Nimal Siripala de Silva said that any businessman in India and Sri Lanka can join this passenger ferry service.

BIZ

Sathosa reduces prices of 10 items!

Published

3 days ago

March 24, 2023

editor

In order to provide relief to the people, Lanka Sathosa has reduced the prices of 10 essential items with effect from today (24).

The revised prices;

Dry Chillies 1kg – Rs: 1,380
Garlic 1kg – Rs: 450
Sprats 1kg – Rs: 1,100
Chickpea 1kg – Rs: 555
Samba Rice (Local) 1kg – Rs: 199
Canned Fish 425g – Rs: 520
Big Onion 1kg – Rs: 119
Potatoes (local) 1kg – Rs: 270
White sugar 1kg – Rs: 210
Watana 1kg – Rs: 298

BIZ

Sri Lankan rupee appreciates further

Published

3 days ago

March 23, 2023

editor

The Sri Lankan Rupee (LKR) further appreciated against the US Dollar (USD) today.

Announcing the official exchange rates, the Central Bank of Sri Lanka (CBSL) declared the buying rate as Rs. 311.26 per USD and the selling rate as 328.60 per USD.

Meanwhile, the Middle Rate of the USD/LKR SPOT exchange rate stood at Rs. 317.31 today.