Business
Ceylinco Life to expand green operations to Ambalantota
Ceylinco Life, Sri Lanka’s leading life insurer, is set to expand its eco-friendly operations with a new purpose-built Green Branch in Ambalantota, Hambantota District. The foundation stone for the two-storey, 3,250 sq. ft building was recently laid at Ward No. 02, Tangalle Road, in the presence of Chairman R. Renganathan, CEO Thushara Ranasinghe, and senior management.
The building will be constructed using eco-friendly precast concrete technology developed by the National Engineering Research and Development Centre (NERD) and adhere to strict environmental standards under the National Green Reporting System. It will feature a 20-kW solar power system with a 5-kW battery backup, ensuring uninterrupted power supply and zero electricity costs.
The branch will also include rainwater harvesting and wastewater recycling systems to support sustainable water use, and its design will optimise natural light and ventilation. Energy-efficient lighting and air conditioning will further reduce environmental impact.
Besides promoting sustainability, the construction method will offer 10-15% cost savings and reduce completion time by 20%, the company said. Ceylinco Life operates 256 branches island-wide and has been recognised as Sri Lanka’s Brand of the Year in 2022 and 2023, underscoring its commitment to innovation and environmental responsibility.