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A Sri Lankan company, Master Divers (Private) Limited, purchased 53.5% of the Company for Rs. 300 million. [4] In 2006 the company launched a new subsidiary, Pelwatte Dairy Industries (Pvt) Limited, investing Rs. 1.8 billion on a dairy processing plant and animal feed production factory in the Monaragala District. [5] [6]
Ceylon Grain Elevators agreed to pay the Government of Sri Lanka LKR115 million as part of the out-of-court settlement agreement in 2012. Sri Lanka Customs fined the company for LKR1.17 billion alleging the company violated the customs law. The two parties agreed to a settlement after negotiations, without the company conceding any legal liability.
Company Name Symbol B P P L Holdings: CSE: BPPL.N0000: Bairaha Farms: CSE: BFL.N0000: Balangoda Plantations: CSE: BALA.N0000: Bansei Royal Resorts Hikkaduwa: CSE: BRR ...
Construction of the US$98 million power station began on 10 August 2017, and is expected to complete by 2020. It will be operated by Western Power Company Limited, a subsidiary of Aitken Spence. [2] The power station's PUCSL energy license is EL/GS/13-03. [3]
The Colombo South Waste Processing Facility (also referred to as the Karadiyana W2E Project or Karadiyana Power Station) is a municipal solid waste-fired thermal power station currently under construction at a 10-acre (40,000 m 2) site in Karadiyana, Sri Lanka.
The annual per capita consumption of sugar in Sri Lanka is around 30 kg (66 lb) and the total annual requirement of sugar in the country is around 550,000 tons. In 2012, the country only produced 42,940 tons and imported 593,870 tons, [ 2 ] with only approximately 7% of the annual requirement produced locally.
Like all power stations in Sri Lanka, power generated by the power station are sold to the Ceylon Electricity Board under a 20-year take-or-pay power purchase agreement. The low-sulfur diesel is supplied through an existing pipeline by the Ceylon Petroleum Corporation , with 20,000 tons, or the equivalent of 28-days of full capacity operations ...
It is one of the main sources of foreign exchange for Sri Lanka and accounts for 2% of GDP, generating roughly $700 million annually to the economy of Sri Lanka. It employs, directly or indirectly over 1 million people, and in 1995 directly employed 215,338 on tea plantations and estates. Sri Lanka is the world's fourth largest producer of tea.