Non-conventional renewable energy:
Increase in new projects
The contribution of non-conventional renewable
energy sources to the national grid has increased to 6.8 percent
last year. This was 5.5 percent in 2009. Going in line with the
Government expectation, the non-conventional renewable energy sector
targets to have 10 percent contribution to the national grid by the
end of 2015.
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New lease for The Finance
To regain lost image:
The Finance Company PLC will be re-structured
where all future decisions will be made in the best interest of the
company. The Company’s new Chairman Preethi Jayawardena told Daily
News Business The Finance will regain its lost image due to
mismanagement during the recent past.
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Tax reduction opens up market:
Growth in vehicle sales
Mulls import of hybrid vehicles:
The reduction of import duty for vehicles has
shown a remarkable growth in vehicle sales. Daily News Business
interviewed some of the leading motor vehicle importers in the
country on their past nine month performances and most said the duty
reduction of vehicles has caused a major impact on signifying a
growth of their sales.
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