Kalhari to bring state-of-the-art technology to recycle rubber and fabric waste

Views - 826 Tuesday, 6 December 2016 00:04

Kalhari Enterprises, a pioneer in waste recycling in Sri Lanka is poised to take a major step in resolving the rubber and fabric-waste recycling problems of Sri Lankan corporates. Qualified in plastics and rubber recycling, Kalhari Group Chairman

Professor Mohan Munasinghe honoured for outstanding lifetime contributions to energy policy

Views - 634 Tuesday, 6 December 2016 00:03

The 2007 Nobel Peace Prize co-laureate Prof. Mohan Munasinghe was presented the prestigious apex award for Outstanding Lifetime Contributions to Energy Policy by President Maithripala Sirisena, at the climax of the Sri Lanka National Energy Effici

Global LNG prices hit 2016 high as OPEC agrees oil output cut

Views - 559 Tuesday, 6 December 2016 00:02

Reuters: Asian spot prices for liquefied natural gas (LNG) this week rose to their highest for 2016 so far, lifted by OPEC’s announcement it would cut crude oil production in cooperation with Russia and by a tightening regional gas market.

Lotus powers towards a Green Lanka, generating for success

Views - 831 Tuesday, 6 December 2016 00:01

Lotus Renewable Energy Private Ltd. (LREP) is in talks with energy funds, financial institutions and family offices and likeminded overseas investors in Sri Lanka to get them to power Sri Lanka into a more prosperous, cleaner, greener future. As

Cinnamon Grand wins at Sri Lanka National Energy Efficiency Awards

Views - 687 Thursday, 1 December 2016 00:00

Cinnamon Grand Chief Engineer Panduka Wijeyawardena receiving the award on behalf of Cinnamon Grand       Sustainable premier five-star city hotel Cinnamon Grand was accoladed at the prestigious

Sri Lanka’s Eswaran Brothers Exports ranked alongside IKEA and Toshiba

Views - 673 Thursday, 1 December 2016 00:00

Winning the GOLD Award for Environmental Best Practices at London’s Green Apple Environment Award ceremony, Sri Lanka’s most sustainable tea company Eswaran Brothers Exports was ranked alongside the likes of global giants IKEA and Tosh

President presents Vidulka National Energy Efficiency Award 2016

Views - 569 Thursday, 1 December 2016 00:00

    The Vidulka National Energy Efficiency Award 2016, organised by the Ministry of Power and Renewable Energy in collaboration with the Sri Lanka Sunithya Energy Authority, was held last week at the BMICH, under the patr

Maxtherm Lanka wins Gold Flame at National Energy Efficiency Awards 2016

Views - 747 Thursday, 1 December 2016 00:00

Maxtherm Lanka Director – Technical Eng. Gaya Siriwardhana (second from left) and Director – Operations Ajantha Kumara (left) receiving the award from President Maithripala Sirisena while Minister of Power and Renewable Energ

JLanka engages Lankans in pioneering energy movement

Views - 907 Tuesday, 22 November 2016 00:08

When it comes to introducing novel, innovative and sustainable energy saving solutions to the progressive Sri Lankan energy consumers, JLanka has been in the forefront of the country’s renewable energy revolution since the company’s in

Kelani Cables clinches Gold at Presidential Environmental Awards 2016

Views - 447 Tuesday, 22 November 2016 00:05

Kelani Cables PLC was conferred with a Gold award for Best Green Report in Tier 2 category at the Presidential Environmental Awards 2016. The company also clinched Bronze award in the Metal and Mineral Processing Industry category.  The awa

Talawakelle Tea Estates honoured at Presidential Environmental Awards

Views - 399 Tuesday, 22 November 2016 00:04

Hayleys PLC owned Talawakelle Tea Estates emerged winners claiming two National Green Awards at the Presidential Environmental Awards ceremony held recently at the BMICH under the patronage of President Maithripala Sirisena.  In an announce

Smart Switch appoints OHME as Brand Ambassador

Views - 450 Tuesday, 22 November 2016 00:03

Global Resources International Ltd. (GRIP), the manufacturers of ‘Smart Switch,’ a remote-controlled bulb and a remote-controlled bulb holder, signed up the fresh new music band OHME as its Brand Ambassador. GRIP was established in 2

Sri Lanka eyes Qatar LNG for power plants

Views - 776 Tuesday, 22 November 2016 00:02

Sri Lanka is keen on importing liquefied natural gas (LNG) from Qatar as part of plans to shift to clean energy, a top Government official said. “In our energy sector, LNG-generated power plants are going to be the next futuristic power ge

SLYCAN Trust says Sri Lanka prepared to welcome Paris Climate Agreement

Views - 457 Tuesday, 22 November 2016 00:01

The Paris Agreement on climate change came into force on 4 November. Following the decision for the adoption of the Agreement taken at the 21st session of the Conference of Parties (COP21) by the United Nations Framework Convention on Climate Chan

CAT unveils high-tech solar solutions in Sri Lanka

Views - 1698 Monday, 10 October 2016 00:01

By Devin Jayasundera In light of the Government aggressively promoting solar energy in the country, Caterpillar Inc. (CAT), in partnership with local distributor UTE, unveiled its new state-of-the-art solar panels to the Sri Lankan market. 

LNG prices rise to highest in nine months on firm Asian demand

Views - 563 Monday, 10 October 2016 00:01

SINGAPORE (Reuters): Asian liquefied natural gas (LNG) gas prices reached a nine-month high this week as demand from India, Japan and South Korea underpinned sentiment. LNG for November delivery were about $6.20 per million British thermal units

Aussie wave energy developer Carnegie expands renewables in SL with Lanka Energy Conservation

Views - 741 Tuesday, 4 October 2016 00:01

Leading wave energy developer, Carnegie Wave Energy Ltd., is expanding its commercial wave and microgrid projects into Sri Lanka through the signing of a Memorandum of Understanding (MOU) in Colombo today, with the Lanka Energy Conservation Ltd.

Solar energy pioneers Admo Solar takes a major step forward

Views - 620 Friday, 30 September 2016 00:01

With the growth of solar power generation in the country and in keeping with the Government’s vision of generating 200 MW of electricity and powering one million houses through the latest Solar Net Accounting System, Admo Solar recorded a mi

M&S Enterprises powers Musaeus College with a 261kW solar PV system

Views - 1162 Friday, 30 September 2016 00:01

M&S Enterprises with its peerless technology and customer service reliability has established itself as the leading commercial solar solution provider in Sri Lanka now having installed over 500kW of commercial solar installations and

Jinasena launches solar solutions for domestic and industrial markets

Views - 998 Friday, 30 September 2016 00:01

Jinasena Ltd., one of the leading water management systems and solutions providers in Sri Lanka, has expanded business operations in Sri Lanka by venturing into domestic and industrial solar solutions under its ‘Renewable Energy Se

How to improve energy efficiency of buildings and industrial facilities

Views - 523 Friday, 30 September 2016 00:01

A public lecture titled ‘A Systematic Approach for Improving Energy Efficiency of Buildings and Industrial Facilities’ organised by The Institute of Engineers Sri Lanka (IESL) was held recently at the IESL auditorium in Colombo. 

Oil takes breather from losses but oversupply concerns remain

Views - 688 Wednesday, 3 August 2016 00:00

Reuters: Oil edged higher on Tuesday after falling by up to 10% in just one week, but investors remained concerned about oversupply weighing on prices. Global benchmark Brent crude was trading up 49 cents at $42.63 a barrel at 1031 GMT.

Govt. to revamp, double refinery capacity - Chandima

Views - 748 Wednesday, 3 August 2016 00:00

 Reuters: Sri Lanka plans to upgrade its sole oil refinery and double its capacity to boost output and to reduce the cost of importing refined fuels, the country’s Petroleum Resources Minister Chandima Weerakkody said on Monday. The

Oil traders lose millions as LPG glut shocks market

Views - 743 Tuesday, 26 July 2016 00:06

Reuters: Traders in the liquefied petroleum gas (LPG) market face a “career-ruining” glut that has led to millions of dollars in losses as Chinese buyers, far from coming to the rescue, are in a stand-off with oil companies to cancel d

The oil industry is losing the burn of Asian demand

Views - 720 Tuesday, 26 July 2016 00:03

Asia’s stalling economic growth feeding into lower oil demand Asian tanker crude imports have fallen for 4 straight months Demand stalling in many mature and leading emerging markets Analysts think China’

Coal prices bounce back this year, but not for good

Views - 776 Tuesday, 26 July 2016 00:02

Thermal coal prices on the up after years of decline Rally seen lasting into next year Overall global demand still falling LONDON (Reuters): A rally in thermal coal prices over the past few months, after years of d

New Philippine energy minister says cannot afford to ditch coal

Views - 874 Tuesday, 26 July 2016 00:01

MANILA  (Reuters): The Philippines will retain coal as a core part of its electricity generation mix due to its dependability, though it will seek to boost the use of cleaner fuels and renewable energy, the country’s energy minister sai

Global Resources introduces Sri Lanka’s first-ever remote controlled LED Bulb

Views - 1243 Tuesday, 28 June 2016 00:03

A creative innovation made in Sri Lanka Global Resources International Ltd. clinches a Sri Lankan first with the introduction of Sri Lanka’s first ever Smart Switch LED Bulb, a modern electronic accessory that offers consumers t

Dutch inventor aims to harness the waves to clean up the seas

Views - 717 Tuesday, 28 June 2016 00:02

AFP: The Dutch inventor of a ground-breaking project to remove millions of tonnes of plastics floating in ‘great garbage patches’ in the oceans Wednesday unveiled his first prototype to help clean up the seas. Boyan Slat’s inno

Oil prices fall as Brexit lingers, refined products glut looms

Views - 679 Tuesday, 28 June 2016 00:01

Reuters: Oil prices dropped on Monday, extending sharp declines after Britain’s vote to leave the European Union sparked a sharp selloff in global markets on Friday. Global financial markets plunged on Friday as results from a referendum d

Today's Columnists

No other country can better understand the preciousness of free trade than SL

Thursday, 19 July 2018

The year 2018 marks the 40th anniversary of China’s reform and opening-up and also the 17th anniversary of China’ accession to the World Trade Organization (WTO). In 2001, China acceded to the WTO, which marked a new historic stage of reform and

Development of national housing and Employees’ Provident Fund

Thursday, 19 July 2018

‘Singapore’ has become a buzzword in the media circles today. Media speak is centred round many issues. Extradition of the fugitive Central Bank Governor appointed to the post on a recommendation by our PM, now missing and reportedly taken refuge

Sri Lanka stepping up its pursuit of trade-led growth

Wednesday, 18 July 2018

“We were a trading nation since the era of ancient kings,” Prime Minister Ranil Wickremesinghe reminded Parliament

To hang or not to hang!

Tuesday, 17 July 2018

President Maithripala Sirisena dropped a bombshell out of the blues last week, sans all ‘maître’ (loving-kindness) when he launched a coup de main on drug offenders. He threatened to use his powers to place his signature to execute the death sen

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