Business
Keells Food Products opts for rooftop solar via revenue sharing model
Deal with Sino Lanka Power Gen
Sino Lanka Power Gen has struck a deal with Keells Food Products PLC (KFP), for the installation of a solar photovoltaic (PV) system on a revenue sharing model at their factory in Ekala, Ja-Ela. With this roof-mounted and grid-connected power plant, Sino Lanka Power Gen brings the John Keells Group closer to achieving its vision of a sustainable future, a news release from Sino Lanka said.
Details of the arrangement remain undisclosed at present.
Sino Lanka Power Gen provides state-of-the-art US and European equipment, capable of withstanding harsh tropical environments, utilising the latest technology from US brand Sunpower, alongside purpose-built inverters from German brand SMA Solar Technology. The company adopts the latest industry trends -namely IoT, big data, and AI- to ensure their systems perform optimally for well over 20 years.
“We are pleased to be teaming up with Keells Foods Products, and be a part of their solar expansion strategy,” said Dhiren Kundanmal, Director of Sino Lanka Power Gen. “Not only are we diligent with our solar plant asset performance management, but we are also dedicated to mitigating any financial and technical risks so that they receive the best value for their investment.”
Keells Food Products -the market leader in the processed meat industry- is a unit of Sri Lanka’s largest listed conglomerate, John Keells Holdings, and is bound by the group’s commitment towards reducing their carbon footprint. Through its many investments in clean energy, the company hopes to set the bar in environmental consciousness by tapping into the country’s potential for solar energy; and also pave the way for a more sustainable Sri Lanka.
“We have entrusted Sino Lanka Power Gen with our sustainability efforts, confident that we will be able to impact a significant portion of our production, and with the highest-quality equipment,” said Daminda Gamlath, President at JKH Consumer Foods. “In taking proactive steps to reduce our own carbon footprint, we hope that other manufacturers in the country are also inspired to follow suit in opting to invest in clean energy solutions.”
Sino Lanka Power Gen is a joint venture between the Sino Lanka Group -an Asian enterprise with investments in real estate, hospitality, chemicals, healthcare, financial services, and rooftop solar, among others-, and the Atman Group, an investment holding company with investments in renewable energy, hospitality, real estate, and agriculture.
Sino Lanka Power Gen provides reliable and modern renewable and sustainable sources of energy for businesses, with a dedicated engineering and operations team that counts over 25 years of collective experience in implementing rooftop solar projects across Sri Lanka. Sino Lanka Power Gen’s vision is to support the government’s initiatives on the “Soorya Bala Sangramaya” policy statement, where the government expects to meet 70% of the total electricity demand from renewable energy sources by 2030.
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”
US sports envoys to Lanka to champion youth development
Rahuman questions sudden cancellation of leave of CEB employees
