Business
President instructs to rehabilitate 5,000 tanks immediately
President Gotabaya Rajapaksa directed relevant authorities to rehabilitate 5,000 tanks scattered across the island following a mechanism combining ancient technology and modern scientific methods. In parallel to this initiative the “National Food Production Contribution Programme” covering 120,000 abandoned paddy lands will also be launched.
Tanks will be rehabilitated under “Wari Saubhagya” programme. The assistance of Civil Defence Force will be secured to expedite the project.
The proposed programme was reviewed in length during the meeting to discuss future activities of the State Ministry of Development of Rural Paddy Fields and Associated Tanks, Reservoirs and Irrigation held at the Presidential Secretariat. “A project to rehabilitate tanks was carried out earlier too. It came under strong criticism by the experts as well as the public. This is due to the fact that despite dredging of tanks, ancient techniques and scientific methods of water retention were not used. Such shortcoming should be avoided and rehabilitation should proceed in a manner specific to each area and tank under a common criterion”, President said.
The capacity of tanks has been reduced due to their silting. There is large number of tanks with breached banks. The chairman of the Presidential Task Force on Economic Revival Basil Rajapaksa pointed out the necessity of rehabilitating such tanks targeting Maha season. President Rajapaksa highlighted the possibility of using tank water not only for paddy cultivation but also to meet the needs for drinking water and irrigation requirements. The Departments of Land Use and Agriculture have jointly conducted a survey on the pattern of agricultural land use depending on the irrigation system. Based on its findings, plans are afoot to cultivate 17 identified crops in the intermediate and inter seasons supported by satisfactory water management system. Rehabilitation of tanks should be carried out while preserving their related industries.It is imperative that the project should be implemented in conjunction with affiliated organizations and Farmers’ Societies. President Rajapaksa instructed to renovate the irrigation system including canals and dams in parallel with the project to rehabilitate tanks. During the meeting attention was focused on the requirement of expediting “Uthuru Meda Maha Ela” and “Wyamba Ela” projects planned with the objective to supply irrigation and drinking water. Under this programme 80,000 hectares fed by 1500 tanks in North Central and North Western Provinces will be cultivated.
The necessity to include the irrigation systems of the island and all the forest reservoirs neighboring rivers in a gazette notification was among the topics discussed at the meeting.
President Rajapaksa also instructed the officials to rapidly renovate 500 small tanks located within reserves for the benefit of wild animals. A one year programme will be implemented to achieve this objective jointly by the Irrigation Department, Wild Life and Forest Conservation Department.
During this meeting special attention was drawn to the need of promptly filling the vacancies that exist in certain cadres such as Engineer and Technical Officer in the field of irrigation for a long period of time. The progress of the ‘ Taruna Govi Saubhagya, Kabanika Govipala’ programme initiated with the aim of directing young entrepreneurs to use organic fertilizers for agricultural activities, was reviewed at this meeting. The project has been designed covering 5,000 acres from the Maduru Oya right bank. It was agreed to provide all the necessary infrastructure facilities for the project. Minister Chamal Rajapaksa, State Minister Anuradha Jayaratne, Head of the Presidential Task Force on Economic Revival Basil Rajapaksa, Secretary to the President, P.B. Jayasundera, officials of the Cabinet and state ministries and line institutes and representatives of the Farmers’ Associations were present at the discussion.
Business
Rs 160 million + diesel discrepancy at Lakvijaya power plant prompts probe
By Ifham Nizam
A Rs.160 million-plus diesel discrepancy at the Lakvijaya power plant in Norochcholai has triggered an internal investigation, raising questions over the handling of public funds and the controls governing fuel purchased for electricity generation.
The discrepancy surfaced during an internal audit of diesel supplied to the plant from the Kolonnawa and Sapugaskanda fuel terminals, according to senior officials familiar with the inquiry.
The audit has identified five transactions—two in December 2025 and three in January 2026—in which diesel recorded as delivered to the plant allegedly could not be fully accounted for in its physical stocks.
The investigation is now examining whether these were isolated discrepancies or part of a longer-running practice.
One transaction under scrutiny relates to January 16, when records reportedly showed that 10 diesel bowsers had arrived at the plant. Investigators subsequently found indications that the fuel stock corresponded to only nine bowsers.
A storekeeper responsible for the relevant fuel operation has reportedly been temporarily removed from those duties pending the investigation.
A senior official said investigators were reviewing historical records amid indications that similar discrepancies may have occurred over a longer period. If established, the financial exposure could therefore exceed the Rs.160 million currently identified.
The investigation is comparing fuel-terminal dispatch records, tanker movements, plant-entry records, receiving documents and physical stocks to establish exactly how much fuel was dispatched, received and accounted for.
That audit trail will also be critical in determining who authorised, received and certified the disputed consignments, and whether established controls were followed.
Relevant documents were reportedly transferred from Norochcholai to the company’s Colombo head office on September 26 for further examination, with electricity-sector security personnel assisting in the transfer.
The internal audit has also reportedly uncovered expired chemical stocks worth several hundred thousand rupees in the plant’s stores. Investigators are examining whether further inventory-management irregularities occurred.
The matter was also reportedly taken to the Puttalam Police Special Crimes Investigation Unit on September 26.
When contacted by Puttalam-based journalist Hiran Priyankara Jayasinghe for The Island Financial Review, Lakvijaya Power Plant Manager Nalaka Kumara confirmed that an investigation was under way but declined to provide further details.
The financial issue is direct: if the plant paid for diesel it did not receive, public-sector funds were spent without the electricity sector receiving the corresponding fuel.
Business
Sri Lanka Food Processors Association holds 29th Annual General Meeting
The Sri Lanka Food Processors Association (SLFPA) successfully convened its 29th Annual General Meeting (AGM) on September 23, 2026, at the Water’s Edge Hotel, Battaramulla. Bringing together key industry stakeholders and member organizations, the event served as a platform to review milestone achievements from the 2025/2026 term and outline strategic priorities for the nation’s food and beverage processing sector.
At the AGM, the new Executive Committee for 2027/2028 was appointed, comprising: Honorary President Aruna Senanayake C.W. Mackie PLC Imme. Past President Thusith Wijesinghe Trans Continental Packaging & Commodities (Pvt) Ltd.
President Elect Nadishan Guruge Meadlee Trading Co. (Pvt) Ltd.
1st Vice President Damitha Perera Forbes & Walkers Commodity Brockers (Pvt) Ltd.
2nd Vice President Rasika Seneviratne Diesel & Motor Engineering PLC 3rd Vice President Deepal De Alwis Neochem International (Pvt) Ltd.
Honorary Secretary Amila Weerasinghe Nestle Lanka Limited.
Asst. SecretaryDineth Alahakoon Country Style Foods (Pvt) Ltd.
Honorary Treasurer Sameera Jayathilaka Westmann Engineering Company (Pvt) Ltd.
Asst. Treasurer Niroshan Dalpethado C D De Fonseka & Sons (Pvt) Limited. In addition to the above office bearers, the following ten Executive Committee Members were appointed:
Sanjeewa De Silva Unilever Sri Lanka Limited Sheran De Alwis MA’S Tropical Food Processing (Pvt) Limited
Thusitha Ekanayake Anods Cocoa (Pvt) Ltd.
Vijitha Govinna Plenty Foods (Pvt) Limited Ms. Praharshi Wickramasekara International Commodity Exports (Pvt) Ltd.
Sanjeewa Niroshan SGS Lanka (Pvt) Ltd. Kushan Amarasinghe Finagle Lanka (Pvt) Ltd.
Rangajeewa Hettiarrachchi Fonterra Brands Lanka (Pvt) Ltd.
Harindra Abeyrathna Vision Technologies International (Pvt) Ltd. Thilina Weerasekara Ceylon Cold Stores PLC
The event was proudly supported by key industry partners, with SGS Lanka (Pvt) Ltd serving as the Platinum Sponsor. Unilever Sri Lanka Ltd. and Nestlé Lanka Ltd. joined as Gold Sponsors, Ceylon Agro Industries – Prima as the Silver Sponsor, while Lanka Exhibition & Conference Services (LECS) and Hero Nature Products (Pvt) Ltd., supported as Bronze Sponsors.
The proceedings concluded with a vote of thanks delivered by Hony. Secretary Deepal De Alwis, followed by cocktails and a fellowship networking session, providing an opportunity for members to connect and strengthen industry ties.
Business
Uber brings the ‘business class of back seats’ to Sri Lanka with Uber Black
New premium ride option expands Uber’s portfolio from affordable Moto and Tuk rides to premium on-demand travel
Uber announced the launch of Uber Black in Sri Lanka, bringing its premium ride experience to the country for the first time. Designed as the “business class of back seats,” Uber Black combines premium vehicles and highly-rated drivers for riders looking for greater comfort, quality and a more elevated travel experience.
The launch comes as demand for premium products and experiences grows across Sri Lanka, with consumers seeking greater choice and quality in their everyday experiences. Uber Black brings this choice to on-demand mobility, whether for an airport journey, an important business meeting, a special occasion or simply when riders want to travel in greater comfort.
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