WindForce Achieves Stellar Q1 Performance with 87% Surge in EBITDA
WindForce PLC has reported an exceptional financial performance for the first quarter of the 2024/25 fiscal year, showcasing significant growth across key metrics..
Economics
Economics
JKH and CG Corp Partner to Bring BYD Electric Vehicles to Sri Lanka
Sri Lanka’s John Keells Holdings (JKH) has partnered with Nepal’s Chaudhary Group (CG Corp) to introduce BYD electric vehicles (EVs) to the region,.
- August 15, 2024
Finance
ADB and Sri Lanka Secure $100 Million Loan for Power Sector Reforms
On Monday, the Asian Development Bank (ADB) and the Government of Sri Lanka signed a $100 million loan agreement for Subprogram 1 of.
- August 7, 2024
Economics
Rooftop Solar Tariffs Unchanged Amid New Renewable Energy Rate Revisions
The Public Utilities Commission of Sri Lanka (PUCSL) has decided to keep the payments for rooftop solar power plants unchanged, despite recent revisions.
- August 6, 2024
Business
Sri Lanka Set to Lead Asia’s $5 Trillion Green Market,
Says Dilmah Chairman Sri Lanka is uniquely positioned to capitalize on Asia’s burgeoning $5 trillion green market, according to Dilmah Tea Chairman Dilhan.
- July 29, 2024
Economics
Sri Lanka Sets New Rooftop Solar Rate at 27 Rupees Per Unit
Sri Lanka will set the rate for rooftop solar electricity at 27 rupees per unit starting July 2024, as announced by Power Minister.
- July 23, 2024
Economics
WindForce and Vidullanka Invest Rs. 370 Million More into Solar Energy
WindForce PLC and Vidullanka PLC have entered into a definitive share sale and purchase agreement with Hi-Energy Services Ltd. on 11th July to.
- July 15, 2024
Industry Analysis
Sri Lanka Launches GTEX2 with Swiss SECO to Boost Apparel Industry
The Export Development Board (EDB) has formed a strategic partnership with Switzerland’s State Secretariat for Economic Affairs (SECO) to implement the second phase.
- July 4, 2024
Economics
Revised Rate for Rooftop Solar Panels and Renewable Energy
Power and Energy Minister Kanchana Wijesekera announced a revised payment system for rooftop solar panels and other renewable energy projects, effective from July.
- July 4, 2024
Economics
Sri Lanka to Revise High Renewable Feed-In Tariffs After Competitive Tenders
Sri Lanka will reduce the high feed-in tariffs offered to renewable energy developers following low prices from a 50 MW tender for a.
- June 28, 2024