The demand for power in Sri Lanka is increasing
by seven to eight percent annually. The country currently needs
9,190 GWH and the energy demand will increase to 12,941 GWH by 2015.
The petroleum industry is performing reasonably
well due to the stable economic and political environment. It has
recorded a 10 percent growth in keeping with the country’s economic
growth. “The industry growth is excellent and encouraging. We expect
the growth momentum to sustain and continue as the country’s rapid
development activities are progressing islandwide at present.
Developing a proper regulatory and supervision
system and effective implementation of it will enable the
micro-finance industry to reach its full benefits, the South East
Asian Central Banks (SEACEN) Executive Director Dr A G Karunasena
said at the inauguration of the SEACEN Course on Regulation and
Supervision of Micro-finance Institutions.
Panasian Power Ltd.,
Chairman, Dr.Prathap Ramanujam addressing the media.
Panasian Power Ltd., Finance Executive Director Hairol
Sheriff, Panasian Power Ltd., Director, Deepal
Sooriyaarachchi and Panasian Power Ltd., Non-Executive
Director, Dato Shamsuddin look on. Picture by Chinthaka
Kumarasinghe
Full Story
