The government of Sri Lanka plans to renegotiate the power purchase agreement (PPA) with India’s Adani Green Energy for a 484MW wind power project, aiming to reduce the cost to below $0.06 per unit.
Sri Lanka eye Warne-Murali trophy glory
Rex Clementine The World Test Championship (WTC) finalists may have already bene decided, but Sri Lanka have plenty of fire in the belly as they gear up for the two-match Test series against Australia,
Sri Lanka says talks on with Adani Group to lower wind power purchase cost
The Sri Lankan government has started talks with India’s Adani Group to lower the cost of power from two wind power projects the group will build in the island nation’s northern province, the cabinet …
Sri Lanka says talks on with Adani Group to lower wind power purchase cost
The Sri Lankan government has started talks with India’s Adani Group to lower the cost of power from two wind power projects the group will build in the island nation’s northern province, the cabinet …
Cabinet nod to present recommendations of the Finance Commission for the year 2025 before parliament
As per the provisions of Article 154R of the Constitution of the Democratic Socialist Republic of Sri Lanka, the Finance Commission has been assigned to make the recommendations on the principles …
Italian business footprint in SL increases with Benji’s US$35 million expansion
In 1999, a renowned Italian business firm entered Sri Lanka and invested in the garment sector. Calzedonia first invested in the Omega Line. The firm first focused on the European market, followed by …
ONYX Hospitality Group Expands the Amari Brand with Exciting New Openings Across Sri Lanka, Laos, and Thailand
BANGKOK, THAILAND – Media OutReach Newswire – 28 January 2025 – ONYX Hospitality Group, Thailand’s leading hospitality management company, is delighted to announce the opening of its latest property …
Sri Lanka’s Date Tax Cut to Rs 1/-, Saudi Arabia Donates for Ramadan
The Ministry of Finance has issued a special gazette notification reducing the special commodity tax on dates from Rs 200 to Rs 1 – Get the latest breaking news and top stories from Sri Lanka, the …
Sri Lanka’s Date Tax Cut to Rs 1/-, Saudi Arabia Donates for Ramadan
The Ministry of Finance has issued a special gazette notification reducing the special commodity tax on dates from Rs 200 to Rs 1 – Get the latest breaking news and top stories from Sri Lanka, the …
Restart Sri Lanka with Startup Sri Lanka: Leveraging tax benefits to foster innovation and growth
As the Government races towards their first Budget, it must look at Sri Lanka’s startup ecosystem as a way to restart the economy and as a way to create the exponential growth required to pay the debt …