News

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

Published

1 year ago

January 29, 2023

editor

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)

News

This week’s Cabinet decisions

Published

3 hours ago

April 26, 2024

editor

A number of decisions have been taken at the Cabinet meeting held yesterday (April 25).

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

CabinetDecision_E24_04_25 Download

News

Salley, leading figure behind Zahran – Fonseka (Video)

Published

4 hours ago

April 26, 2024

editor

Former Army commander Sarath Fonseka told Parliament today (April 26) that the person who had groomed the main Easter Sunday suicide bomber – Zahran Hashim, is the current head of the State Intelligence Service (SIS) Maj Gen (Rtd.) Suresh Salley.

Although Salley is currently trying to wash his hands off the matter, he cannot escape this, MP Fonseka said.

‘When I was there, I had removed Salley from the SIS. But he was made SIS head by Gotabaya after my departure. Then, Boniface Perera, who was Salley’s right hand man, was made the Eastern Commander. If he starts to slander me again, I will release this file to social media, which will portray what kind of man he truly is. Such people were in contact with Zahran and made him a hero,’ he said.

MP Fonseka also said that Salley had recently said that he wasn’t in the country when the attacks took place. He cannot escape the responsibility by saying he wasn’t in the country, not with the present technology available, the MP added.

He has also said that the process of identifying and nabbing a terrorist cannot be done through commissions and committees and it is the officers Intelligence services and the CID who have the relevant capacity and experience in such matters.

MP Fonseka further said that strict punishments should be given to those who were responsible for the Easter Sunday bombings and who evaded responsibility.

If we secure power, I am confident that the perpetrators can be brought to justice within a year, he further said.

Today is the final day of the three-day adjournment debate on the 2019 Easter attacks.

(Video : VoiceTube)

BIZ

2 companies from Russia & India to take over MRIA management

Published

5 hours ago

April 26, 2024

editor

Accordingly, the Cabinet approval has been granted to hand over the management of MRIA to Shaurya Aeronautics Pvt. Ltd of India and Airports of Regions Management Company of Russia or an affiliated company thereof for a period of 30 years.

Earlier during a Cabinet meeting held on Jan. 09, 2023, approval was granted to invite EOIs from interested parties for utilizing the facilities of the MRIA.

EOIs have been called, for which 05 institutions have submitted offers for the purpose.