News
National assets in the power sector
The Yugadhanavi Power Plant in Kerawalapitiya is much in the news at present. There is an allegation that 40% of the shares of this national asset are to be sold to an American Company and there are those who insist that this National Asset must not be sold to the private sector.
It is interesting to examine the facts first as to how the Yugadhanavi Power Plant became a National Asset.
In 2005, when the new government was elected to office, it was apparent that a serious power crisis was looming, and that immediate action was required. The government decided to call for proposals from a subsidiary of Lanka Transformers Ltd, Lakdhanavi Ltd which had already constructed two power plants at that time in the country. The CEB owns 63% of the shares of Lanka Transformers Ltd.
Lakdhanavi Ltd gave a proposal to build and hand over a 300MW Combined Cycle Power Plant at Kerawalapitiya. Two related companies from Japan and China also gave similar proposals.
A CANC was appointed to evaluate the proposals and the CANC was divided on the matter. Lakdhanavi Ltd had given the cheaper offer, but had not done a similar project before.
After the intervention of the then Secretary, Ministry of Power, sanity prevailed, and the government took a decision to award the contract to the local party.
Thus, the present Yugadhanavi Power Plant was designed and built by local engineers of Lakdhanavi Ltd, in less than three years, proving their capability. If not for the intervention of the then Secretary to the Ministry of Power, this Sri Lankan Asset would have been a Chinese Asset.
In 2016, tenders were called for the construction of a 350MW Combined Cycle Power Plant at Kerawalapitiya and the lowest evaluated tender was from Lakdhanavi Ltd.
Then the Secretary of The Ministry of Power at that time, with the support of the minister, decided to award the contract to a Chinese company who had submitted the second highest bid. Lakdhanavi had to battle this matter in the Courts for 04 years. Unfortunately, persons who are now raising several issues about the disposal of National Assets were silent at that critical time.
Again in 2020, on the intervention of Gotabaya Rajapakse the contract was awarded to Lakdhanavi Ltd. Now Lakdhanavi Ltd is in the process of building the power plant. Thus, for the second time, a Sri Lankan Asset is being created instead of a Chinese one – history is repeating itself!
LTL Holdings (PVT) Ltd Staff Union
News
Prime Minister of Sri Lanka holds a bilateral meeting with Minister for Education and Skills Development of Bhutan
On the sidelines of the inaugural Global Conscious Food Systems Summit 2026, being held in Bhutan from 31 August to 4 September 2026, Prime Minister of Sri Lanka, Dr. Harini Amarasuriya, in her capacity as Minister of Education, Higher Education and Vocational Education, held a productive bilateral meeting with Yeezang De Thapa, Minister for Education and Skills Development of Bhutan, on 03 September 2026.
The discussions focused on further strengthening and expanding Sri Lanka-Bhutan cooperation in the education sector, with particular emphasis on developing mutually beneficial initiatives through enhanced Government-to-Government engagement.
Both sides underscored the importance of deepening institutional cooperation and exploring new avenues for collaboration in education, higher education and vocational training, with a view to creating greater opportunities for students, educators and academic institutions of both countries.
During the meeting, both sides agreed to initiate discussions towards the finalization and signing of a Memorandum of Understanding (MoU) on cooperation in the fields of education and vocational training. It was also agreed that the implementation of the MoU could be facilitated through the establishment of a Joint Working Group, headed at the Secretary level, with meetings to be convened annually to review progress, identify new areas of cooperation, and facilitate the effective implementation of agreed activities.
The major areas of cooperation discussed included enhancing collaboration among universities and academic institutions, promoting academic and faculty exchanges, joint research and university programmes, strengthening training and capacity-building opportunities for educators and teachers, and sharing expertise and best practices in the education and vocational training sectors.
The two sides also discussed strengthening child protection and safeguarding mechanisms, promoting ethical values among students, and addressing violence against children while ensuring their safety, protection, well-being and access to quality education.
Opportunities for Bhutanese students to pursue undergraduate studies at universities in Sri Lanka were also discussed, with particular emphasis on Dentistry, Medicine (MBBS), and allied health disciplines such as Physiotherapy. The discussions further covered opportunities for postgraduate studies in medical and health sciences at Sri Lankan universities, as well as enhanced collaboration among universities and other academic institutions of the two countries.
The meeting provided a valuable opportunity for Sri Lanka and Bhutan to advance cooperation in education and vocational training and explore new avenues for long-term collaboration for the mutual benefit of students, educators and academic institutions of both countries.

(Prime Minister’s Media Division)
News
Prime Minister Meets His Majesty the King of Bhutan
Prime Minister Dr. Harini Amarasuriya had an audience with His Majesty King Jigme Khesar Namgyel Wangchuck at the Tashichhodzong in Thimphu on September 02, during her official visit to the Kingdom of Bhutan.
The cordial discussion focused on Bhutan’s future development priorities and opportunities for cooperation between the two countries.
His Majesty expressed Bhutan’s interest in drawing on Sri Lanka’s experiences and expertise in areas relevant to its development plans. The discussion also focused on promoting investment between the two countries, including the possibility of establishing an investment zone in Bhutan.
The two sides also exchanged views on demographic challenges facing Bhutan, including the increasing migration of young people and its impact on the country’s population and future workforce.
The meeting highlighted the importance of strengthening bilateral cooperation and sharing experiences and best practices in support of the sustainable development of both countries.
(Prime Minister’s Media Division)
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SLPP MP Namal Rajapaksa arrested by CIABOC
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Namal Rajapaksa had been summoned by CIABOC to provide a statement in connection with investigations into the controversial Airbus deal. He was subsequently arrested by CIABOC after recording his statement for over 5 hours.
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