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US$ 2bn worth of wind energy projects stuck in limbo

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Four international companies — with an estimated US$ 2bn (Rs 729bn) worth of wind energy projects stuck in limbo for over two years — have sought an urgent meeting with President Ranil Wickremesinghe to break the impasse.

In a letter to the President, the local representatives of Mingyang Smart Energy Group Ltd, Envision Energy Ltd, Jade Power/Hydrostor and China Machinery Engineering Corporation pointed out that their projects were under consideration for more than two years by the Board of Investment (BOI), the Sustainable Energy Authority (SEA) and the Ceylon Electricity Board (CEB).

They requested the President’s “urgent intervention to bring these projects to fruition as they are being long-delayed at massive cost to the country”.

The BOI is the lead agency in the initiative, the companies said, adding that all their projects were processed and recommended through expressions of interest called in 2021 by the State Ministry of Renewable Energy.

And, as early as October 2021, the previous Government’s Cabinet-Appointed Management Committee (CAMCI) had kicked off the approval process by seeking information from the SEA and the CEB on the respective investments, the letter said.

The companies, which have styled themselves as the Offshore Wind Energy Projects Promoters’ Group, claim that it was found their proposals fall within the scope allowed by a Cabinet subcommittee appointed in 2021—that is, that their applications do not conflict with any other applications for the locations mentioned. The subcommittee reportedly recommended on March 2022 that memorandums of understanding (MoU) be signed with six proponents (one has since dropped out).

“Of these, only one MoU was signed with Adani Green Energy,” the group states. “Subsequently, the CAMCI being non-operational, the remaining MoUs were not signed.”

While Power and Energy Minister Kanchana Wijesekera and State Investment Promotion Minister Dilum Amunugama have both sought to expedite the projects, they have made little progress.

(Sunday Times)

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Bus associations oppose proposal of 2% fare reduction

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The government’s proposal to reduce bus fares by a 2% effective from July 01 has led to the strong disapproval of bus associations, reports say.

It was also proposed not to revise the fares of the first two stages.

The announcement was made during a meeting between officials of the Transport Ministry and representatives of private bus associations to discuss the annual bus fare revision, scheduled for July 01.

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UN Rights chief meets families of missing persons

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A group of activists and families of missing persons handed over letters and memorandums to the visiting United Nations High Commissioner for Human Rights Volker Turk in Trincomalee today (June 25).

UN Human Rights Spokesperson – Jeremy Laurence, who is accompanying the High Commissioner, said while in Trincomalee that Mr. Volker Turk expressed sorrow and solidarity with the families of the disappeared.

Meanwhile, a peaceful demonstration was also held in Trincomalee during this visit, where a group of activists and victims of disappearances was seen holding placards and banners.

The UN High Commissioner for Human Rights will visit Kandy before concluding his official visit to Sri Lanka tomorrow (June 26) after a special press briefing in Colombo.

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200 new super luxury buses to be procured for expressways

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There is an urgent need to introduce new buses to the Sri Lanka Transport Board (SLTB) bus fleet, as nearly 52% of the regular bus fleet of the Sri Lanka Transport Board and nearly 94% of the luxury bus fleet have exceeded the economic life span. 

As to the insufficient buses to meet the passenger demand on the expressway, the Sri Lanka Transport Board (SLTB) is currently operating 61 luxury buses belonging to the private sector on a profit-sharing basis. 

Therefore, the Sri Lanka Transport Board (SLTB) has decided to purchase 200 new super-luxury buses by using their own funds. 

Accordingly, the Cabinet of Ministers has approved the proposal presented by the Minister of Transport, Highways, Port and Civil Aviation to purchase 29 super luxury buses through the financially capable depots and to purchase the remaining buses by making a down payment using SLTB funds and the balance to be paid in monthly instalments over a period of 5 years.

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