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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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‘Will never allow Sri Lankan territory to be used inimical for India’s security interests’ – President

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President Anura Kumara Dissanayake has reiterated that Sri Lankan territory would never be allowed to be used in a manner inimical to India’s security interests. 

Dissanayake highlighted this, during a discussion held in Colombo with India’s External Affairs Minister (EAM) Dr. S. Jaishankar who visited Sri Lanka on Friday (04).

Issuing a statement regarding Dr. S. Jaishankar’s Sri Lanka visit, the Indian High Commission in Sri Lanka stated that regarding security and defence, the meetings brought out that the interests of India and Sri Lanka were closely intertwined. Their collaboration was in mutual interest and contributed to the stability and security of the region. The importance of a continuous dialogue that would promote trust, transparency and mutual sensitivity was recognized. 

Furthermore, with regard to the ethnic issue and the reconciliation process, EAM reiterated India’s support for the aspirations of all communities, including Tamils, for equality, justice, dignity, peace while maintaining the unity, territorial integrity and sovereignty of Sri Lanka., the Indian High Commission mentioned.

Meanwhile, he has assured that the full and effective implementation of the 13th Amendment of its Constitution and the early holding of Provincial Council elections will facilitate these objectives.

In his meeting with the President, Dr. Jaishankar spoke about ongoing initiatives in the field of energy production and transmission, fuel and LNG supply, solar electrification of religious places, connectivity, digital public infrastructure, health and dairy development. 

He highlighted that they would contribute to economic sustainability and provide new streams of revenue. The Sri Lankan President said that India’s economic support is critical to realize his vision of a prosperous Sri Lanka and meeting the aspirations of the people. He referred to the potential of export of renewable energy to India which could help reduce production costs in Sri Lanka and create additional resources. The President also noted the contribution of Indian tourists and recognized that this has the potential to grow further, the Indian High Commission added.

EAM’s conversation with the leadership also covered facilitating Indian investments and job creation in Sri Lanka, as well as expanding the flow of Indian tourists. In his meeting with Prime Minister Amarasuriya, he underlined that the Government of India was prepared to respond to the training and capacity building requirements of Sri Lanka. Their discussion also focused on the benefits of digital public infrastructure, the statement highlighted.

On Sri Lanka’s debt restructuring efforts, EAM recalled that India had been supportive of Sri Lanka’s economic stability and recovery from the very start. It was the first country to give financing assurances which enabled the IMF to finalize the Extended Fund Facility. He confirmed India’s support in the Official Creditors’ Committee in respect of Sri Lanka’s agreement with International Sovereign Bond holders. 

India is also willing to expedite the conclusion of its bilateral MoU with Sri Lanka, the Indian High Commission said, noting that the President conveyed his appreciation in that regard.

(adaderana.lk)

(This story, originally published by adaderana.lk has not been edited by SLM staff)

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Two killed in separate attacks in Pettah and Keselwatta

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A 33-year-old man was killed this morning in Pettah after being attacked with a sharp weapon on Second Cross Street. 

The suspects involved in the murder have not yet been identified.

In a separate incident, a 23-year-old was attacked and killed in Keselwatta. 

According to the police, the murder stemmed from a dispute between two groups. 

Authorities have arrested a 38-year-old suspect in connection with the Keselwatta killing.

Investigations are ongoing in both cases.

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New Director appointed to SIS

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The Deputy Inspector General of Police (DIG) Dhammika Kumara has been appointed as the new Director of the State Intelligence Service (SIS).

This appointment comes following the retirement of former Director of the SIS Major General Suresh Sallay.

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