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Adani lessons cited: Chamber demands financial acumen in PPP negotiations

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Eminent participants at the forum pose for a photograph with Indian High Commissioner Santosh Jha and Energy Minister Kumara Jayakody, at ITC Hotel on Nov. 4. Pic by: Nishan S. Priyantha

In a sharp reminder of the financial pitfalls in large-scale infrastructure deals, the Ceylon Chamber of Commerce (CCC) urged the government to fortify its negotiating teams with top financial expertise to navigate unknown territories and protect the nation’s interest in Public-Private Partnerships (PPPs).

Speaking at the forum, “PPP Partnerships for National Prosperity,” held at the ITC Hotel in Colombo, Saliya Wickramasuriya, Co-Chair of the Ceylon Chamber’s Energy Sector Committee, directly appealed to Dr. Sulakshana Jayawardene, CEO of the National Agency for Public Private Partnerships (NAPPP), citing the controversial exit of the Adani Group’s wind power project.

Wickramasuriya, a veteran of global energy major Schlumberger and Sri Lanka’s top government institutions, including the BOI and Ports Authority, intimated that the failure to secure a favorable end-consumer tariff in the Adani deal highlighted a significant lack of financial acumen and project modelling among Sri Lanka’s evaluation panels. He stressed that this deficiency must be addressed immediately as the nation finalises its crucial PPP Draft Bill, which is anticipated to become law within the first quarter of 2026.

His comments underscored the need for robust evaluation of PPP partnerships and the tariffs that arise from them, ensuring both the protection of the end-consumer and the long-term viability of high-profile infrastructure projects. Several other speakers at the forum also demanded rigor and transparency in PPPs, particularly as Sri Lanka seeks to leverage this model to drive post-crisis economic recovery.

Dr. Sulakshana Jayawardene confirmed during his speech that the PPP Draft Bill is currently in progress and is expected to be enacted toward the end of the first quarter of 2026. He pointed out that once the Act is in place, the Public Investment Committee, in coordination with the National Planning Department of the Finance Ministry, will review project proposals. This body will then determine whether a project should be implemented with public financing or through a PPP, which is where the government needs to establish a clear regulatory framework.

“There are 67 projects currently being considered, and we are working with line agencies in the process of establishing PPPs. PPP is one of the key strategic approaches we follow for enhanced growth,” Dr. Jayawardene stated.

The forum focused on PPPs in critical infrastructure, energy, education, and real estate investment. The energy sector took a central role, with the keynote address delivered by Sanjay Banga, CEO and MD of Tata Power Renewable Energy Ltd.

This knowledge-sharing event on Public–Private Partnerships (PPPs) was jointly organised by the High Commission of India in Colombo and the Ceylon Chamber of Commerce.

Bingumal Thewarathanthri, Vice Chairperson of the Ceylon Chamber of Commerce, said that the national grid upgrade alone would need an investment of a few billion dollars, and that PPPs would be a viable way to make this investment possible.

By Sanath Nanayakkare



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Advocata Institute highlights regulatory barrier limiting women’s overtime earnings

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Advocata Institute says that, a regulatory barrier prevents Sri Lankan women achieving pay parity with their male counterparts despite recent legislative amendments that have opened doors for women to work night shifts.

Despite the 2024 and 2026 liberalizations of the Shop and Office Employees Act (SOEA), which allowed women over 18 to work night shifts in IT, BPO, and hospitality sectors, women remain legally barred from maximizing their income due to rigid overtime restrictions.

Under current regulations, women cannot be employed under the Shop and Office Act for more than nine hours per day, a limit that strictly includes overtime. While Regulation 6 of the Act permits up to twelve hours of overtime per week, this daily “hard cap” creates a practical barrier that prevents women from accessing the full overtime entitlement available to male workers. This creates a regulatory paradox: while the law now permits women to work at night, it simultaneously restricts them from working the hours necessary to take home the same pay as a man performing the same role.

The urgency for reform is underscored by the Sri Lanka Labour Force Survey for the third quarter of 2025, which reveals a significant participation gap. Female labour force participation stands at 33.9 percent, compared to 68.6 percent for men. Closing this gap is a key structural reform priority under Sri Lanka’s International Monetary Fund Extended Fund Facility (EFF) programme, which highlights the importance of modernizing labour laws to expand labour supply and support long-term economic growth.

Debates on reforming these restrictions are often framed around the concern that removing gender-specific protections could expose women to exploitation. However, a woman’s vulnerability in the labour market is shaped less by the absence of gender-specific laws and more by structural challenges such as inadequate public transport, poor workplace infrastructure, weak enforcement of law and order, and limited access to childcare.

Addressing these underlying barriers is critical to ensuring both protection and opportunity. True empowerment requires shifting the focus from paternalistic hour-caps to creating a safe, gender-neutral environment that allows women the agency to maximize their earnings and contribute fully to the national economy.

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Drifting lubricant barrels trigger oil spill on southern coast; 99% of clean-up completed

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Samantha Gunasekara

Authorities have traced the oil contamination reported along sections of the Hikkaduwa and Peraliya coastlines in the Galle District to drifting barrels of industrial lubricant, while rapid response teams have already removed almost all visible oil deposits from the affected beaches.

The Marine Environment Protection Authority (MEPA), together with the Sri Lanka Coast Guard, launched an immediate response after oil patches were detected along about a 20-metre stretch of coastline in the Hikkaduwa and Peraliya areas.

Addressing a media briefing at the Ministry of Environment, MEPA Chairman Samantha Gunasekara said emergency shoreline clean-up operations began on March 7 under the instructions of Environment Minister Dammika Patabendi.

“Nearly 99 percent of the oil patches have already been cleared from the affected coastal stretch,” Gunasekara said, adding that the swift intervention by authorities had prevented the incident from escalating into a wider marine pollution crisis.

Investigations carried out by MEPA have confirmed that the contamination originated from barrels containing Shell Corena S2 P 100 lubricant oil that had apparently been lost at sea and later drifted ashore.

The lubricant manufactured by Shell plc is commonly used to lubricate the internal components of reciprocating piston air compressors. Officials said the substance is not classified as a hazardous or toxic oil, easing initial fears of severe environmental damage.

MEPA General Manager Jagath Gunasekara said monitoring of the coastline was continuing to ensure that no additional oil patches washed ashore.

Meanwhile, the Department of Wildlife Conservation said there had been no confirmed reports of harm to marine animals, including sea turtles and coastal wildlife, following inspections in the affected areas.

Wildlife officials said they were continuing to keep the situation under close observation to ensure that marine fauna along the southern coast remained safe.

Authorities stressed that protecting the ecological integrity of the southern coastal belt—particularly around the Hikkaduwa marine area—remains a priority, while further investigations are under way to determine how the lubricant barrels ended up drifting in Sri Lankan waters.

By Ifham Nizam

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Support for psychological well-being: Launch of telemedicine psychology program in response to Ditwa Cyclone

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The Sri Lanka College of Psychiatrists has launched an innovative telemedicine psychology program designed to provide essential support and mental health care to individuals adversely affected by the Ditwa Cyclone. This initiative is a vital response to the psychological challenges faced by the community in the aftermath of the disaster.

However, the implementation of this program has faced significant obstacles, primarily due to a considerable lack of access to smart devices among the target beneficiaries. Recognizing the urgency of this situation, S-lon Lanka (Pvt) Ltd has made a commendable contribution by donating tablet devices through its corporate social responsibility initiative, the “Suwasahana Charika” Program. This generous donation aims to bridge the technological gap, ensuring that individuals in need can access the psychological services offered by the telemedicine program.

The collaborative efforts were strengthened during a recent event that was attended by key figures, including Mr. S.C. Weerasekara, the Group Director / Chief Operating Officer of The Capital Maharaja Group, and Dr. Dashanthi Akmemana, the Chairman of the Sri Lanka College of Psychiatrists.

The Sri Lanka College of Psychiatrists expressed its gratitude to S-lon Lanka for its support and is committed to addressing the community’s mental health needs during this challenging time.

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