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Orel Corporation in strategic partnership with Prime Residencies

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Officials from Orel Corporation and Prime Residencies, at the signing of the partnership agreement

By Ifham Nizam

Sri Lanka’s leading electrical goods manufacturer, Orel Corporation, on Monday announced a strategic partnership with Prime Residencies, a leading real estate company here, for their upcoming iconic project, The Palace Gampaha.

The partnership was officially signed recently which designates Orel Corporation as the primary contributor responsible for external electrical systems in this innovative development.Speaking to The Island Financial Review, on their target market group, Prime Director Noel Joseph said the Palace Gampaha is designed to cater to the discerning preferences of upper-middle-class individuals.

Joseph added: ‘The residences are situated in a prime location, suggesting easy access to essential amenities and a desirable neighborhoods.

‘The project emphasizes a balance between affordable living and sophistication, indicating that it aims to provide luxurious homes at a reasonable price.

“The residences come with premium features, likely including high-end amenities, advanced security systems, and quality finishes to meet the standards of the upper-middle-class demographic.

‘The mention of exclusive events suggests a focus on community building and social activities for the residents, fostering a sense of belonging and a luxury lifestyle.

‘The introduction of a revolutionary 1% per month payment plan is highlighted. This unique payment structure may make the dream of opulent living more attainable for potential buyers.

‘The project promises an unmatched lifestyle for residents, indicating that it goes beyond providing just a place to live and aims to create a unique living experience.

‘The project is positioned in the vibrant location of Gampaha, suggesting that it is part of a lively and dynamic community.

‘For those seeking refined elegance in their homes, The Palace, Gampaha aims to fulfil this desire, indicating a focus on aesthetics and luxury.

‘Overall, the description paints a picture of a high-end residential project that combines affordability with luxury, offering a distinctive living experience for upper-middle-class individuals in the vibrant city of Gampaha.

‘The real estate sector has experienced steady growth, driven by rapid urbanization and population expansion. This growth is likely fueled by an increasing demand for housing and commercial spaces in response to urban development.

‘Sales taxes, including Value Added Tax (VAT) and Social Security Contribution Levy (SSCL), are mentioned as contributing to the challenging environment. These taxes will add to the overall cost of a project and affect its financial viability.

Prashantha Hettiarachchi, Project Manager/Management Consultant Orel, told The Island Financial Review; “Our target market is developers, investors in the building sector and consultants in Building Services Engineering.

‘I am happy to say that we have achieved more than 10% of the market share in turnkey projects in the electrical sector in Sri Lanka within one year.

‘The key of the success of the Orel turnkey division is its ability to offer comprehensive solutions tailored to the unique needs of our clients. Whether it’s project management, design, procurement, installation, or maintenance, we have assembled a team of experts to ensure a seamless and hassle-free experience for our clients.

Pramuditha Gurusinghe, Assistant General Manager – Turnkey Projects from Orel Corporation stated; ‘’We are happy to join forces with Prime Residencies, Sri Lanka’s top notch real estate giant, embarking on a transformative journey to redefine the landscape of infrastructure development— and this marks a tremendous milestone for our turnkey projects’ portfolio. This strategic partnership in which we facilitate robust electrical infrastructure, reinforced by the pioneering spirit of Prime Residencies in the realm of building development, signifies our commitment to paving the path to a brighter and connected tomorrow’’.

Nalinda Heenatigala, Director Corporate Affairs of Prime Lands Residencies PLC, shared his enthusiasm about the partnership, stating, “We are excited to introduce an exclusive investment opportunity for The Palace Gampaha to our valued clients. Our ground-breaking payment plan, a first of its kind in Sri Lanka, aims to provide a luxurious and accessible lifestyle to our investors. Committed to revolutionizing real estate investment in Sri Lanka, we aim to offer a unique and unparalleled experience for our clients.”



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From Mt. Fuji to Sri Pada: Lessons from a father-son climb

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by SK Samaranayake

For Daham Gunasena, reaching the summit of Mt. Fuji with his 12-year-old son was not the end of the journey but the beginning of a different kind of lesson.

Gunasena, Director – Commercial at SPAR Sri Lanka and a senior business leader, academic and Chartered Accountant, spent nearly 12 hours on August 19 climbing Japan’s highest mountain with his son, Methum. After eight hours of climbing, the pair reached the 3,776-metre summit before beginning a demanding four-hour descent to Fujinomiya 5th Station.

“The summit was only halfway,” Gunasena reflected, describing the experience as a lesson in preparation, perseverance and responsibility.

Their journey began two days earlier with a trial excursion to the 6th Station and the volcanic landscape around Mt. Hoei. The experience allowed Gunasena to assess the altitude, terrain, weather and equipment before deciding whether his son was ready for the summit attempt.

The climb itself reinforced the value of taking one step at a time. Rather than focusing on the distant summit, father and son concentrated on the next marker, the next few steps and short periods of rest.

Reaching the summit brought another lesson. After taking photographs and celebrating, they still had four hours of descent ahead of them over loose volcanic terrain.

“Reaching the top was an achievement. Returning safely was success,” Gunasena said.

The experience also prompted him to reflect on how Japan manages Mt. Fuji, including visitor education, digital information, sanitation, transport, safety and environmental protection.

Having climbed Sri Pada 12 times last year and five times so far this year, Gunasena sees opportunities to apply some of these principles in Sri Lanka without compromising the mountain’s unique pilgrimage traditions.

He suggested a comprehensive digital platform for Sri Pada providing information on weather, congestion, transport, sanitation, first aid and emergencies, while educating foreign visitors about its religious significance.

For Gunasena, however, the most enduring lesson was personal: a mountain can teach what lectures cannot—through preparation, perseverance, respect for nature and the shared experience of taking each step together.

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FLIR, Marlbo promote smarter industrial maintenance

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Sri Lankan industries are being encouraged to adopt advanced condition monitoring technologies to detect equipment problems before they develop into costly failures, as global technology company FLIR and its local partner Marlbo Trading Company strengthen their collaboration.

The companies brought together industry professionals at a technical seminar held on August 20 at Taj Samudra, Colombo, focusing on the use of thermography and acoustic imaging to reduce unplanned downtime, improve energy efficiency and lower maintenance costs.

Organised by Marlbo under the theme “Condition Monitoring Using Thermography and Acoustic Imaging for Measurable ROI,” the seminar highlighted the growing importance of proactive and predictive maintenance in improving equipment reliability and operational efficiency.

FLIR Sales Director – Instrumentation, India, Bhaskar Lala, and APAC Condition Monitoring Specialist David Gambarte shared their expertise on the latest diagnostic technologies and their practical industrial applications.

Thermal imaging can identify abnormal heat patterns linked to electrical and mechanical faults, while acoustic imaging can detect problems that may go unnoticed during routine inspections.

The technology is particularly useful in identifying compressed-air leaks, which can cause significant energy losses and increase operating costs.

Shevon Liyanage, Engineer – Measuring Instruments at Marlbo, also shared insights into applying condition monitoring technologies in the Sri Lankan industrial environment.

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Lumbini Tea Valley wins intl award for Singharaja Wirytips

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Chaminda Jayawardana receiving the award

Lumbini Tea Valley Ceylon won an award for its Singharaja Wirytips at The Leafies: International Tea Awards held in London in 2024, marking another international recognition for the Sri Lankan tea producer.

The award comes as the company marks two decades of direct exports, with its premium and organic Ceylon teas now reaching 35 countries across six continents.

Established in 1984, Lumbini Tea Valley began its direct export drive after Chaminda Jayawardana joined the family business in 2000 alongside his father, Dayapala Jayawardana. The initiative materialised in 2006 with the company’s first direct shipment—a 15-kilogram consignment of Flowery Broken Orange Pekoe (FBOP) tea to the United States.

Since then, the company has expanded its direct-export operations, which now account for around 20% of its total manufacturing output. Following its transition to organic production, approximately half of its organic tea output is exported directly by the company.

Its key export markets include Japan, the United States, France, the Netherlands, Switzerland and Australia, with direct shipments now reaching 35 countries.

The company said its direct-export model would continue to expand amid growing international demand for traceable, single-origin Ceylon tea, with premium and organic grades at the centre of its export strategy.

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