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Cabinet approves signing of two conventions to facilitate nuclear power here

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By Rathindra Kuruwita

The Cabinet of Ministers has approved the signing of the Vienna Convention on Civil Liability for Nuclear Damage and Convention on Supplementary Compensation for Nuclear Damage, Saminda Jayasekara, Chairman at the Sri Lanka Atomic Energy Regulatory Council said recently at an event organized by the Institution of Engineers, Sri Lanka.

The Convention on Supplementary Compensation (CSC) aims at establishing a minimum national compensation amount and at further increasing the amount of compensation through public funds to be made available by the Contracting Parties should the national amount be insufficient to compensate for the damage caused by a nuclear incident.

The Vienna Convention on Civil Liability aims at harmonizing the national law of the Contracting Parties by establishing some minimum standards to provide financial protection against damage resulting from certain peaceful uses of nuclear energy.

However, the Cabinet has not approved the signing of the Paris Convention on Third Party Liability in the Field of Nuclear Energy and the Joint Protocol Relating to the Application of the Vienna Convention and the Paris Convention, Jayasekara said.

Jayasekara mentioned that western European countries could only be enticed to build nuclear power plants in Sri Lanka only if Sri Lanka signs Paris Convention.

“If we are not a part of those conventions western European countries won’t come to Sri Lanka,” he said.

Meanwhile, Malinda Ranaweera, scientific officer at the Sri Lanka Atomic Energy Board said that nuclear energy is becoming popular in Asia. China, Japan, and South Korea are leading the way in Asia, he said. India, Bangladesh, and Pakistan too have nuclear power plants.

“In Asia there is a big nuclear renaissance. China has 59 reactors with several others under construction, South Korea has 28, and Japan has 33. India has 19 reactors and is constructing eight more,” he said.

Sri Lanka is in a decision making phase with the Cabinet recently approving nuclear as an energy option, he said.

SMRs can also be coupled with solar and wind power, he added.

He added that Sri Lanka needs about 400 megawatts of electricity per day when the Colombo Port City Project is complete. The power should be cheap in order to attract foreign investments, Ranaweera said. If the metropolitan light railway system is implemented it will need an additional 200 megawatts, he added.

Ranaweera said another 200 megawatts will be needed if the government converts the conventional train system into an electrified train system.

“All these need cheap power,” he said.

Sri Lanka has been considering nuclear power since 1974, Ranaweera said. In 2010 Cabinet approval was given to conduct a pre-feasibility study to consider a nuclear power programme in the country, he said.

“In February 2024 the Cabinet of Ministers approved “to take the strategic and knowledgeable decision to forward the electricity generation using nuclear power in Sri Lanka as a safe, clean, green, reliable and affordable energy source,” he said.

It takes about 15 years to complete a nuclear power plant project from scratch and Sri Lanka should get to work on it immediately, Dr. Thushara Rathnayake, senior lecturer, Department of Electrical Engineering, University of Moratuwa said.

Nuclear is a clean energy source with a high output from a single plant, she said.

“This is a highly safe medium, and it is economical. The generation cost is highly dependent on capital cost (about 60 percent), the fuel cost is about 20 percent from the generation cost. Although the capital cost is high, lifetime cost is low and the introduction of carbon taxes would make nuclear energy more economical.”

Rathnayake said that public acceptance would be one of the largest challenges in establishing a nuclear power plant in Sri Lanka. However, compared to other power sources, nuclear power is safer. The country can also suffer a huge economic loss, if we build a conventional large reactor and the plant is not operated throughout the life cycle.

“If you look at the capital cost of nuclear power, generated for a conventional large reactor, it’s about 7,000 US dollars per kilowatt hour. Cost of coal is about 4,000 dollars. But if you consider the health, social and environmental costs, the capital cost is almost equal to nuclear energy. However, nuclear power has a capacity factor of about 94 percent. Other intermittent sources like wind and solar have a low-capacity factor. So, if we calculate the levelized cost of energy, nuclear is very much cost competitive to other power sources,” she said.

Rathnayake added that if the government decides to go for a large nuclear reactor, it will have to incur a large capital investment. So Small Modular Reactors (SMRs), i.e., less than 300 MWs, should interest Sri Lanka more.

“Currently four SMRs, in advanced stages of construction, are being built in Argentina, China and Russia. The capital costs are also low. I said the capital cost of nuclear power is about 7,000 US dollars per kilowatt hour, but for an SMR the cost is about 2,900 dollars. It also only takes 1.5 years to construct, compared to five years taken to build a conventional large reactor,” she said.

Nuclear power also uses the least amount of land to generate a megawatt hour of electricity, she said. This is about 1.3 square metres per megawatt hour.

“SMRs suit smaller grids like ours. We can also think about offshore in-built SMRs, which are cheaper, less risky and we won’t have to worry about handling Spent Nuclear Fuel,” she said.



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SJB: Govt. trying to reappoint Jayakody, who resigned from Cabinet amidst coal scam

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MP S.M. Marikkar

Marikkar claims coal losses more than twice Treasury bond scam

By Shamindra Ferdinando

The SJB has accused the NPP government of trying to create an environment conducive for the re-appointment of Kumara Jayakody who resigned on 17 April 2026 over a coal scam perpetrated in 2025.

Colombo District MP S.M. Marikkar Tuesday (13) alleged that Jayakody’s successor Anura Karunathilaka was spearheading the efforts at the behest of President Anura Kumara Dissanayake.

Addressing the media at the Opposition leader’s Office at No. 30, Sir Marcus Fernando Mawatha, Colombo 07, Marikkar said that the NPP was busy propagating a lie that the losses amounting to Rs 15.68 bn could be entirely recovered by way of penalties and funds held as deposits in line with the supplier. The Opposition MP placed the amount held by the government at Rs 16.48 bn.

Marrikar claimed that the NPP’s propaganda project to whitewash Jayakody was meant to bring Jayakody back into the Cabinet of ministers in January next year. The top SJB spokesman said that the findings of the Sectoral Oversight Committee (SOC) on Infrastructure and Strategic Development report on the losses suffered by the use of substandard coal had been used to back the government move.

The inquiry was held into procurement for 2025/2026 seasons made from Trident Chemphar, an Indian company whose selection was questioned by the National Audit Office in a special report submitted to parliament before the vote on no faith motion against Jayakody.

Marikkar said that the NPP in its haste to build a case for Jayakody’s return to the cabinet had conveniently forgotten that six of the 25 shiploads of coal ordered from Trident Chemphar were never delivered. In a desperate bid to cover the shortfall, the government paid Rs. 2,284 million above the market price in emergency procurement. As the SOC had rejected the tests conducted by an Indian company and ordered fresh tests on substandard coal, an additional Rs 26.6 mn had been paid to an Australian lab, MP Marikkar said, explaining other losses caused by the corrupt deal.

Marrikar explained how the procurement of substandard coal altogether cost the taxpayer nearly Rs 20 bn while the government engaged in a project to clear Jayakody. The former minister is also indicted in the Colombo High Court in an earlier corruption case.

Marrikar emphasized that the government should accept responsibility. Comparing the action taken in respect of 2015 and 2016 Treasury bond scams and the coal scam, MP Marikkar said that the losses caused by Trident Chemphar fraud was double the Treasury bond scam. A future government would investigate the coal scam and punish all those responsible. The NPP under any circumstances couldn’t bring back Jayakody to the cabinet as he was directly responsible for the fraud, the Colombo District lawmaker said.

At the time the UNP perpetrated Treasury bond scams, Marikkar represented the UNP parliamentary group which made desperate bids to protect the bond thieves.

The SJBer refused to answer questions regarding any other issue. Marikkar reacted angrily when a journalist sought to raise a group of SJB MPs meeting the Most Ven Thibbatuwawe Sri Sumangala Mahanayake Thera of the Malwathu Chapter in Kandy. Then the MP accused a section of the media of trying to suppress the coal scam by raising other issues. Marrikar vowed that they wouldn’t allow Jayakody’s return to the cabinet. The NPP government’s reputation had been devastated by the coal scam and current efforts to cover up the direct involvement of Minister Jayakody would not succeed, he said, warning the NPP should be prepared to face the consequences.

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India busts Pakistani salt smuggling via Sri Lanka

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India’s Directorate of Revenue Intelligence (DRI) has busted a transnational smuggling network that illegally imported more than 7,300,000 kilos of Pakistan-origin rock salt by routing shipments through Sri Lanka and using forged trade documents to conceal their origin, India Today reported yesterday.

Four people had been arrested in connection with the case, the Ministry of Finance said on Wednesday.

Under Operation Deep Manifest, the DRI detected 295 containers carrying 7,311 metric tons of industrial and Himalayan rock salt, with an estimated value of Rs. 104.5 million in Sri Lankan currency.

The consignments were routed through Colombo port in Sri Lanka, while fabricated certificates of origin and invoices issued by United Arab Emirates-based entities were allegedly used to disguise the goods as originating elsewhere.

The imports violated India’s prohibition on goods originating in or exported from Pakistan, the ministry said.

Acting on specific intelligence, the DRI conducted a coordinated operation between September 26 and October 11, searching premises linked to the suspected network in Gandhidham, Adipur, Veraval, Panipat, Pune, Patiala, Delhi and Mumbai.

The investigation found that nine importers had brought in the 295 containers through Mundra and Kandla ports since March 2026.

Of the total consignments detected, five containers carrying 140 metric tons of industrial and Himalayan rock salt, valued at Rs. 8.48 million in Sri Lankan currency, were seized at Kandla port. The agency also seized sales proceeds worth Rs. 7.3 million in Sri Lankan currency held in the importers’ bank accounts.

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Monks brave heavy rains to press for Gnanasara Thera’s release

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… stage sit-in protest near Presidential Secretariat

by Nishan S. Priyantha

Buddhist monks who marched to Colombo demanding the release of imprisoned Ven. Galagoda Aththe Gnanasara Thera continued their sit-in protest outside the Presidential Secretariat yesterday, as discussions between their representatives and Presidential Secretary Dr. Nandika Sanath Kumanayake were underway.

The protesting monks said they would not leave the site until the authorities gave a positive response to their demand for the release of Gnanasara Thera. The discussions were continuing at the time this edition went to press.

The monks arrived in Colombo despite heavy rain, completing the six-day “Nidahase Pada Yathra” (Freedom March), which began in Kandy on October 10. The final leg of the march commenced from Kadawatha yesterday morning, proceeding through Kiribathgoda, Peliyagoda, Maligawatta and Maradana before reaching the area near the Presidential Secretariat at Galle Face.

Ven. Ulapane Sumangala Thera, commenting on the protest, urged the government to take immediate steps to secure Gnanasara Thera’s release, saying the participating monks expected a favourable response to their demand.

“Today is our final day. The Maha Sangha came from all four directions not to return empty-handed. We strongly urge the government to grant freedom to Gnanasara Thera, which is the expectation of all, including the respected chief prelates,” he said.

Ven. Sumangala Thera said the monks were prepared to meet President Anura Kumara Dissanayake at any location designated by him, including Pelawatte, Parliament or the President’s House.

“We are waiting to receive that message. If that does not happen, we are prepared to come wherever the President is. We are prepared to settle this matter one way or another today,” he said, warning that if their peaceful appeals continued to go unanswered, the monks would consider alternative ways of conveying their demands to the government.

The march, which began in Kandy on October 10, passed through Kadugannawa, Kegalle, Warakapola and Nittambuwa before reaching Kadawatha on October 14. The procession was organised to demand the release of Gnanasara Thera and advocate for the religious rights of Buddhist monks.

Heavy police security was deployed around the Presidential Secretariat and nearby roads as the monks gathered in the area. Galle Road near the Secretariat was also closed to traffic during the march.

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