News

President leads talks on 6 renewable energy projects for next year

Published

7 months ago

December 3, 2023

editor

President Ranil Wickremesinghe along with Minister of Power and Energy Kanchana Wijesekera and Chief of Staff Sagala Ratnayake has spearheaded discussions for six renewable energy projects next year.

The projects will generate over 1500 MW and transform Sri Lanka’s energy landscape. The inaugural project is a 700 MW solar power initiative, harnessing sustainable energy sources. A senior Government spokesperson said that all six projects are slated for completion within the next 12-24 months.

President Wickremesinghe initiated these discussions with the relevant parties before leaving for the United Nations International Conference on Climate Change (COP 28) in Dubai.

Presidential Chief of Staff Sagala Ratnayake last week held a meeting with officials to address the challenges and devise solutions to commence these ground-breaking projects.

The Ministry of Power and Energy anticipates a marked reduction in Sri Lanka’s electricity tariffs following the successful implementation of these energy projects. This is in line with the country’s broader vision for a sustainable and eco-friendly energy future.

(sundayobserver.lk)

BIZ

Laugfs gas prices to remain unchanged

Published

7 hours ago

July 2, 2024

editor

The price of Laugfs domestic LP gas cylinders will remain unchanged, despite price reductions made by Litro Gas PLC today (July 02), the company announced.

Accordingly, the current prices of Laugfs domestic LP gas cylinders are as follows :

12.5 kg cylinder – Rs. 3,680
05 kg cylinder – Rs. 1,477

Earlier today, Litro Gas PLC announced their decision to slash gas prices.

Related News :

Litro Gas reduces prices again

News

This week’s Cabinet decisions

Published

7 hours ago

July 2, 2024

editor

A number of decisions have been taken at the Cabinet meeting held yesterday (July 01).

The decisions taken by the Cabinet of Ministers are as follows :

Cabinet_Decision_24_07_02-1 Download

News

India provides additional funds for Madhu housing project

Published

7 hours ago

July 2, 2024

editor

High Commissioner of India – Mr. Santosh Jha and Secretary, Ministry of Urban Development and Housing – Mr. W.S. Sathyananda signed and exchanged diplomatic letters today (July 02) to formalize modalities related to the Low Cost Transit Housing Construction Project at Madhu Shrine, Mannar, consequent to the decision of Government of India (GOI) to provide an additional grant of around SLR 100 million for the project.

GOI’s total commitment to the project now stands at over SLR 400 million.

Responding to the challenges that arose in the economic landscape of Sri Lanka, GOI had decided to infuse additional funds into nine ongoing grant projects in order to expeditiously complete them, while also minimizing the impact of the significant rise in cost of construction materials on the original scope of the projects.

The Low Cost Transit Housing Construction Project at Madhu Shrine, Mannar, is among the said nine projects.

A total of 96 transit houses shall now be constructed with the GOI grant at Madhu Shrine that could be used by pilgrims visiting the shrine. The project is currently underway and the proposed transit houses are at various stages of construction.