Tag: power
CCC biz conclave draws foreign participants for agri, power , tourism, exports, infrastructure
Sep 09, 2019 (LBO) – The Sri Lanka Investment and Business Conclave 2019 has shown a rise in interest for agriculture, power and energy, infrastructure development, export manufacturing/services, knowledge services and tourism/leisure by delegates registered to date to attend. Foreign companies interested in investing in Sri Lanka are also keen on agriculture, tourism and leisure, export services […]
‘l bids to be opened for cross country oil pipeline
June 18, 2015 (LBO) – Sri Lanka’s government to call for an open international tender to construct a new pipeline network that carries oil from Colombo Harbour to Kolonnawa wholesale terminal, cabinet spokesperson Rajitha Senaratne said.He said the existing network is 40 to 70 years old and is in a very dilapidated status. A proposal […]
‘s Sunshine Holdings eyes renewable energy projects
May 26, 2015 (LBO) – Sri Lanka’s Sunshine Holdings said it is considering diversify and expand the renewable energy sector, if the government is willing to disclose plans for the sector, Group Managing Director said, Tuesday. “We are looking at opportunities in solar and wind power,” Vish Govindasamy, Group Managing Director of Sunshine Holdings Plc […]
Sri Lanka’s IOC unit records 1.06 billion loss in March 2015
May 19, 2015 (LBO) – Lanka IOC, a unit of Indian Oil Company reported 1.06 billion rupees loss in March 2015 against 722 million rupees profit reported last year, interim accounts showed. In the year to March profits were down to 1.8 billion rupees from 4.8 billion rupees a year earlier. The firm reported negative […]