SMLL offers easy leasing terms for solar lighting systems
AGREEMENT: Director/General Manager of Seylan Merchant Leasing
Limited Surath Peiris (right) exchanging the agreement with the
Director/CEO of Ceylinco Renewables Limited Susantha Pinto (centre),
while the Finance Director of Ceylinco Renewables Limited Roshan
Egodage looks on.
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AGREEMENT: Seylan Merchant Leasing Limited (SMLL) has entered into an
agreement with Ceylinco Renewables Limited to offer lease facilities for
customers who purchase solar generated lighting systems from Ceylinco
Renewables Limited.
With requests from the Government for companies and individuals to
look for alternate sources of energy to save the drain on the national
grid, SMLL pioneered this initiative to promote electricity conservation
and provide people in some rural areas with a form of electricity for
the first time in their lives.
Branded 'solar home systems,' these panels absorb sunlight during the
day and convert the energy into 'Ecotricity' which can be used to power
lights and even a black and white television set.
The Director/General Manager of SMLL Surath Peiris said: "We hope to
provide people in rural markets with access to an eco-friendly and
reliable source of electricity through this scheme. The fact that this
is an easily installable, clean and silent source of power will also
make it an ideal option for people in busy cities as well."
Customers who purchase these solar panels on lease can repay the
lease in 6 to 38 months depending on the value of the lease. "We will
charge a very nominal service charge on the product because it is for a
worthy cause," Peiris added.
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