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SL – India signs MoU for LNG Infrastructure development & LNG supply

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Petronet LNG Limited and LTL Holdings Limited signed a MoU for LNG Infrastructure Development and LNG Supply

Petronet LNG Limited (PLL), India, and LTL Holdings Limited, Sri Lanka, have signed a Memorandum of Understanding (MoU) today (Aug. 20) for LNG Infrastructure development and LNG supply to Sri Lanka.

The MoU is focused on providing an innovative solution encompassing supply of LNG through multimodal ISO Container supply chain. It involves the development of LNG unloading, storage, and regasification facilities at Kerawalapitiya, Colombo, and the supply of LNG from PLL’s Kochi LNG Terminal through LNG ISO tank containers for power generation facilities of Sobadhanavi Power Plant in Sri Lanka.

The signing ceremony was graced by the presence of Minister of Power and Energy – Kanchana Wijesekara, and Deputy High Commissioner of India in Sri Lanka – Dr. Satyanjal Pandey along with senior officials from the Government of Sri Lanka.

Under the terms of the MoU, PLL will explore LNG supplies to fuel the 230 MW gas turbines at Kerawalapitiya, ensuring cleaner & reliable and round-the-clock power generation.

This collaboration marks a new chapter in the energy partnership between India and Sri Lanka, reflecting the shared commitment to strengthening energy security for Sri Lanka and promoting reliable, cleaner and sustainable energy supplies, as key economic enabler for Sri Lanka’s development.

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Concealed foreign liquor found during police raid at spare parts company

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Officers of the Walana Anti-Corruption Unit have discovered a stash of foreign liquor stashed at a well known spare parts company located in Delkanda, Nugegoda.

Upon receiving a tipoff, police discovered a large quantity of foreign liquor concealed at the company premises named ‘Lakpahana Auto’.

A 59-year-old man who works as the manager of the premises, has been arrested.

It is said that the street value of the liquor is nearly Rs. 10 million.

Police investigations further revealed that the businessman owning the spare parts company also owns two night clubs in Kottawa and Kollupitiya and the stashed liquor had been delivered to these two nightclubs.

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Bread flour prices slashed

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Leading flour manufacturers in Sri Lanka – Serendib Flour Mills and Prima, have decided to reduce bread flour prices by Rs. 10 per kilogram effective from tomorrow (Feb.18).
“During 2024, we implemented an initial reduction of Rs. 10 per kilogram in bread flour prices. While the earlier reduction did not translate to lower bread prices, both institutions have now stepped forward with an additional Rs. 10 per kilogram reduction, bringing the total reduction to Rs. 20 per kilogram,” said Mr. Kalinga Wijesekera, Director Brand and Corporate Communications, Serendib Flour Mills.

“We have informed the Minister of Trade of the latest reduction, and sincerely believe the Bakery Association will pass on the benefit of this price reduction to end consumers through reduced prices of bread and other bakery items,” he added.

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Justice Laffar’s term extended  

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The term of Acting President of the Court of Appeal – Justice Mohammed Thahir Laffar has been extended.

Accordingly, Justice Mohammed Thahir Laffar took his oath before President Anura Kumara Disanayake at the Presidential Secretariat today (Feb. 17).

Secretary to the President Dr. Nandika Sanath Kumanayake was also present on this occasion.

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