People’s Bank unleashes visionary solar power loan scheme to benefit environment

Views - 1000 Wednesday, 15 June 2016 00:00

People’s Bank has launched a solar power loan scheme to promote the use of solar energy as part of its drive towards being a carbon conscious bank. Launched on World Environment Day which falls on 5 June, People’s Bank now offers the s

OPEC sees oil glut shrinking in second half of year

Views - 756 Wednesday, 15 June 2016 00:00

Reuters: OPEC forecast that the world oil market will be more balanced in the second half of 2016 as outages in Nigeria and Canada help to speed up the erosion of a supply glut. The Organization of the Petroleum Exporting Countries said its oil

IEA sees global oil market returning to surplus in early 2017

Views - 700 Wednesday, 15 June 2016 00:00

LONDON (Reuters): Oil supply and demand will balance in the second half of 2016 after a series of unplanned production outages, but the market is expected to tilt into surplus in the first half of next year, the International Energy Agency said on

SL energy supply inadequate, unstable

Views - 1133 Monday, 9 May 2016 00:00

From left: Environmental Sustainability Mas Intimates General Manager Dr. Vidhura Ralapanawa, Ministry of Power and Renewable Energy Secretary Dr. B. M. S. Batagoda, Sri Lanka Petroleum Resources Development Secretariat Director General Saliya Wic

Malaysian firm Hyrax Oil signs deal to build lubricant plant in SL

Views - 983 Monday, 9 May 2016 00:00

A Malaysian manufacturer of petroleum derivatives with a vast customer base worldwide will be investing $ 30 million to establish a lubricant manufacturing plant in Sri Lanka. Hyrax Oil, which produces lubricants for various applications includi

Schneider Electric shares knowledge on modern ‘smart distribution networks’ with CEB

Views - 827 Wednesday, 23 March 2016 00:00

Supporting the Ceylon Electricity Board (CEB) in its efforts to upgrade and modernise the country’s electricity distribution networks using latest technology, Schneider Electric, a global leader in energy management solutions, shared its ext

Gamesa bags maiden solar order in SL from Laugfs

Views - 791 Wednesday, 23 March 2016 00:00

Gamesa, a global leader in renewable energy, has won a new solar order from the industrial conglomerate Laugfs Power Ltd., in Sri Lanka.  This order entails delivering 20 MW of solar power in Hambantota, in the Southern Province of Sri Lank

Sri Lanka hosts All India Industrial Gases Manufacturer’s Association annual meeting

Views - 924 Wednesday, 23 March 2016 00:00

  Many industrial gas companies from India gathered at All India Industrial Gases Manufacturer’s Association (AIIGMA) 38th annual meeting, with Finance Minister of Sri Lanka Ravi Karunanayake officially opening the conf

Oil falls back after jumping on hopes of Russia, OPEC cooperation

Views - 655 Friday, 29 January 2016 00:00

Reuters: US crude futures dropped more than 1% in Asian trading on Thursday, paring gains of nearly 3% made in the previous session after Russia held out the possibility of cooperating with OPEC to control global oversupply. But falls were curbe

Ceylon Chamber supports Sustainable Energy Authority

Views - 604 Friday, 29 January 2016 00:00

Ceylon Chamber of Commerce, the country’s premier business chamber will conduct a seminar on Sustainable Biomass Energy Production and Modern Bio Technologies in a bid to help the Government’s drive towards increasing the production of

Sampath Bank goes green with solar energy system at Colombo Super Branch in Dharmapala Mawatha

Views - 888 Friday, 29 January 2016 00:00

  In line with one of its core CSR pillars, ‘Environment Protection and Conservation’, Sampath Bank, renowned as a Responsible Corporate Citizen, installed its first solar energy system at the Sampath Bank Colom

ADMO Solar receives prestigious Gold Award for Green Mark Certification

Views - 654 Friday, 29 January 2016 00:00

  ADMO Solar, Sri Lanka’s premier Solar Energy Solutions provider reaches new heights as the only company in the solar energy industry in Sri Lanka to be awarded the ‘Green Mark Certification – Gold Award&r

Shell shareholders approve $50 billion BG takeover

Views - 598 Friday, 29 January 2016 00:00

Royal Dutch Shell (RDSa.L) shareholders approved its $50 billion takeover of BG Group (BG.L) on Wednesday, clearing the last main hurdle to creating the biggest liquefied natural gas (LNG) trader in the world. BG shareholders are also expected t

Sri Lanka to apply international energy analysis tool to assess future electricity demand

Views - 683 Friday, 29 January 2016 00:00

Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator, is planning to adopt an internationally accepted tool to review the forecasted electricity demand in Sri Lanka and to access theLong Term Generation Expansion Plan

Public Utilities Commission presents Activity Plan 2016

Views - 706 Tuesday, 12 January 2016 00:02

Course of action to enhance technical, economic and safety performance outcomes of the electricity sector The Public Utilities Commission of Sri Lanka (PUCSL) has launched its Activity Plan 2016 to fundamentally support the long term goals

Thermo Plastics wins Gold Flame Award at Sri Lanka National Energy Efficiency Awards

Views - 954 Tuesday, 12 January 2016 00:01

Thermo Plastics Ltd., a pioneer in flexible packaging in the apparel industry was recently recognised by the Sri Lanka Sustainable Energy Authority (SLSEA) for its efficiency in conserving and the management of energy through its energy management

Commercial Bank branches go green

Views - 764 Wednesday, 23 December 2015 00:00

  The Commercial Bank of Ceylon has announced that its environment-related initiatives have made steady progress in 2015 with the installation of solar power systems at four branches, the award of tenders for five more branch

BAM Green achieves another milestone in solar energy sector

Views - 650 Wednesday, 23 December 2015 00:00

From left: Renewable Energy Corporation (India) Head of Indian subcontinent Rohit Kumar, Maria Sintia Dewi, BAM Green Managing Director Hemantha Munasinghe, BAM Green System Engineer Sumudu Dayarathna and REC Solar EMEA GmbH Partner Progr

Pakistan attracts $3 b foreign investment in renewable energy

Views - 1136 Wednesday, 23 December 2015 00:00

  (APP): The Renewable Energy (RE) sector attracted foreign investment of over $3 billion during the last year, which while showing the success of initiatives taken so far to exploit such resources also indicates vast investm

HNB wins CIOB Green Mark Gold Plus award

Views - 616 Wednesday, 23 December 2015 00:00

HNB Deputy General Manager – Services Piyal Hennayake and HNB Senior Manager – Mechanical and Electrical Engineering Prashantha Hewapathirana accepting the award from   Minister for Special Projects Dr. Sarath Amunugama  &nbs

World coal demand tapers off but Asia still heavy user: IEA

Views - 605 Wednesday, 23 December 2015 00:00

  AFP: Global coal consumption has declined for the first time in this century thanks largely to China’s economic restructuring, but usage will continue to grow in India and Southeast Asia, the IEA said Friday. The Pa

Sunrise Engineering to commence landmark renewable energy project at Canowin Arcade

Views - 720 Tuesday, 15 December 2015 00:06

Company to deploy Sri Lanka’s first fully integrated ‘Rapid Charging Points’ for electric vehicles Bringing to light the significance of embracing sustainable energy and giving the best of products and services to the na

Naturub Group receives Energy Efficiency Award

Views - 821 Tuesday, 15 December 2015 00:05

Naturub Group was awarded the Energy Efficiency Award for 2015 by the Sri Lanka Sustainable Energy Authority for their creditable performance in the industry. A special feature of their success was that they received this accolade under the Large

LTL enters Maldives Power Sector

Views - 583 Tuesday, 15 December 2015 00:03

LTL Projects Ltd. recently entered into a Rs. 600 million contract with the Ministry of Environment and Energy of Maldives for design, supply, installation and maintenance of generator and grid infrastructure in five islands. Minister of State for

Professional MET Consultancy Services wins Silver Flame

Views - 582 Tuesday, 15 December 2015 00:02

Professional MET Consultancy Services Ltd. (PROMET) was awarded the Silver Flame in the Technology Providers category of the Best Energy Services Company Award at the Sri Lanka National Energy Efficiency Awards 2015, held at the BMICH recently.

LAUGFS Petroleum bags Gold at SLITAD People Development Awards 2015

Views - 627 Tuesday, 15 December 2015 00:01

LAUGFS Petroleum saw its reputation as an industry frontrunner in human resource development significantly reinforced when the Sri Lanka Institute of Training and Development (SLITAD) bestowed it with its coveted Gold Award, at the SLITAD People D

Admo Solar delivers 100% power saving benefits to Kurunegala Provincial Council

Views - 616 Friday, 4 December 2015 00:00

  Admo Solar, the renewable energy solution provider in Sri Lanka, which is a part of Vinseth Engineering Ltd. successfully carried out a solar energy project for the Kurunegala Provincial Council office complex (PCO) recentl

Eco Engineers Co. on the way to Green glory

Views - 684 Wednesday, 18 November 2015 00:00

Eco Engineers & Company, based in Sri Lanka, recently won a Green Apple Environment Award in the international campaign to find the greenest companies, councils and communities. The leading sewage and waste water management company was found

ESNA Power and ECL venture into hydro power development overseas

Views - 867 Wednesday, 18 November 2015 00:00

From left: UETCL Manager Corporate Services Martin Erone, Managing Director/CEO Eriasi Kiyemba, ESNA Power Director/CEO Manjula Perera and ECL Head of Special Projects Upul Pinto   ESNA Power Ltd. and Engineering Consultants L

JLanka Technologies winners at Techno 2015

Views - 622 Wednesday, 18 November 2015 00:00

Sri Lanka’s pioneering sustainable energy solutions provider, JLanka Technologies was adjudged winners at the recently concluded Techno-2015 award ceremony held at the Hotel Galadari on 6 November.  JLanka Technologies won Gold award

Today's Columnists

The no-confidence motion against Ranil will create further chaos

Friday, 23 March 2018

The Mahinda Rajapaksa-backed Joint Opposition yesterday submitted a no-confidence motion against Prime Minister Ranil Wickremesinghe

Making green cars greener: $15 b opportunity not to be missed

Friday, 23 March 2018

Fortunately for me,W.A. Wijewardena wrote an article on Dhammika Perera’s presentation at the Colombo School of Business and Management

Women’s bodies, masculinities and economic insecurities

Thursday, 22 March 2018

Cat’s Eye was deeply saddened to witness another wave of anti-Muslim violence, yet again, under a Government which promised to protect them from such violence. It was reported that the first round of violence in Ampara was sparked by a claim that

Strong brands can sustain shocks!

Thursday, 22 March 2018

The recent media highlighted the impact of communal violence on the tourism industry. The press conference earlier this week threw out a number as high as 10% whilst the actual cancellation was around 500 room nights around the Kandy vicinity was rep

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