‘Mini hydros’ could save Rs 50 b annually
Sri Lanka could save over Rs 50 billion thermal
power generating cost annually if authorities minimise red tape and
allow mini hydro power plants get off the ground. Currently there
are several mini hydro power plants pending approval and they could
generate over 500 MW power in three years time.
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Lanka gaining momentum as a reputed garment supplier -Rankin
Sri Lanka’s apparel industry is on an upward
movement and the country is gaining momentum as a reputed garment
supplier, British High Commissioner John Rankin said. “It was
impressive to learn that for the Athens Olympics, the fast skin
swimwear by UK owned Speedo was manufactured in Sri Lanka.
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Mackwoods Energy announces IPO allotments
Mackwoods Energy Limited announced the basis of
allotment of its Rs. 350 million IPO, which was oversubscribed on
the first day of its opening on March 22. With a view to maximize
investor participation, all the retail investors and the investors
who applied upto 3,571,400 shares (approx Rs 50 m),
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