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LET’S BE ENERGY LEADERS

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By Wasantha Perera

Secretary/ Ministry of Power

What and Why a ‘National Energy Day’?

Energy is the creator of a modern society. Our lives revolve around the continuous energy supply, which is made possible by the advanced infrastructure that exists in our cities. The energy supplied to us through our wall sockets, the flow of fuel to vehicles around, and the massive volume of power supplied through our electricity network to power our industries is crucial to our everyday well-being.

Driving the energy sector of the country to efficiency not only marks the success of our economic management, but also the assurance of our future habitability and well-being. This mission of energy management is no small feat. It requires a collective effort of each and every member within our society. A collective mission to conserve energy opens up enormous possibilities and stimulates creativity among our SMEs.

We celebrate National Energy Day to remember this mission and empower the next generation to be a part of it. Today is the day dedicated to energy education, energy awareness and energy innovations. It is dedicated to the experts teach the nation how to conserve energy and help them understand its importance. Importantly, today is the day that we show our gratitude to the endless possibilities provided to us through the energy system, and recognize how we preserve it.

 

What is energy? How energy dependent are we?

For a long time, scientists and engineers thought mechanical energy and thermal energy were two different types of energy that cannot be mixed together. Mechanical energy is the energy in moving objects, and the energy required to move and lift things. Thermal energy is the energy required to generate heat. In the late 17th century, scientists found out that thermal energy, in fact, can be converted to mechanical energy and vice versa.

Energy comes in so many different forms. We utilize energy to perform motor skills; to throw, lift heat and emit light. Heat, light, sound and electricity are also forms of energy and energy can be converted from one form to the other. Heat can be converted to mechanical energy and mechanical energy into electrical energy by way of using a generator. Light energy can be converted to electricity using solar cells. As we all know, electrical energy is converted to light through a light bulb. This conversion created a new technology called energy technology. Today everybody converts all primary energy sources to electricity, transport to the point of consumption and convert it back to the energy form, which is required.

The energy requirement of the world is supplied by various resources that contain energy within them. Fossil fuels such as crude oil and coal are the most prominent primary energy sources in the world. Still, the firewood and plant components supply a significant portion of the world’s energy requirement. Nuclear energy created by the nuclear reactions of radioactive substances, such as Uranium and Plutonium found in our soil, is also a primary energy source of the world. Hydro energy in water stored at heights are used in hydro-power plants to generate electricity. The light energy in direct sunlight and the wind created by the differential heating of the atmosphere by the sun’s energy provide us with very valuable energy sources. Energy in ocean currents is also an important modern energy source tapped by undersea generators. All these are crucial energy sources that supply energy throughout the world.

In Sri Lanka our primary energy supply comes from fossil fuels (53%), solar (13%), wind and hydro (34%) and biomass. 28% of this primary energy supply is converted to electricity. Our industries consume 26% of the country’s energy. The domestic and commercial sector consumes 41% and 33% by the transport sector. All the energy used for the transport sector is supplied only from fossil fuels.

A moment’s power failure in our electrical grid system can bring our lives to a grinding halt, which shows the energy dependency of our daily lives. This applies to our industries and commercial activities as well. The lifeblood of the modern economy is its energy supply. Therefore, the reliability, stability and sustainability of our energy supply is as important as its affordability.

The energy outlook of our nation is currently in a transitional stage. It is important that we navigate this transition to reduce our carbon footprint and increase our energy security. This can be achieved through a plan governed by a strategic policy and our collective effort.

 

National energy Policy and its objectives

Sri Lanka’s ‘National Energy Policy’ is a well formed strategy which ensures convenient and affordable energy services for the equitable development of Sri Lanka through a clean, safe, sustainable, reliable and economically feasible energy supply. This Policy is formulated in alignment with the future goals of Sri Lanka, current global trends in energy and the Goal 7 of the Sustainable Development Goals of the United Nations. This policy will impact the vast realm of social, economic and environmental spheres and pave the way to realize the vision of Sri Lanka in achieving carbon neutrality and complete transition of all the energy value chains by 2050.

 

Energy is said to be at a trilemma. Energy equity, energy sustainability and energy reliability, are at a constant battle with each other. Affordable energy is not always clean or reliable. Clean energy is neither cheap nor guaranteed to be reliable. To make the energy supply system reliable, we are compelled to make massive investments towards delivering energy through systems that are neither cheap not clean. We must maintain a balance between these three competing ends: equity, sustainability and reliability. Thousands of researchers in the energy sector and engineering research centers all over the world strive to innovate technologies to find the right balance between equity, sustainability and reliability of energy. Every energy policy in the world tries to strike their own balancing point. Our energy policy is no different and tries to balance these three ends through various strategies, such as streamlining our firewood supply, going green, reducing the intensity and increasing the efficiency of our transport energy.

It takes a tremendous effort to provide affordable and accessible energy, while maintaining high reliability. The 2015 Sustainable Development Goals clearly recognize this trilemma, and have dedicated the seventh goal to “Ensure access to affordable, reliable and modern energy for all”. Within our global order, positioning Sri Lanka in the global forum as an example of a country with a green energy supply is a top priority that we care very much about.

Our electricity sector plays a vital role as the energy streamliner and catalyzer. In modern Sri Lanka, all energy forms are expected to be converted to electricity and delivered to the point of consumption. This is not as simple as in any other country due to our massive 34% footprint of biomass.

The government’s manifesto ‘Vistas of Prosperity and Splendor’ has captured the gamut of this concept in a powerful manner to state that ‘Sri Lanka is ranked high among the countries with a large share of renewable energy, with a strong commitment to retain this vital attribute of the nation’s economic resilience in a world of diminishing energy security’. As proven by this global pandemic and its consequences, today it is evident now more than ever, that our energy security, energy reliability and energy sustainability defines our world.

 

What is our responsibility on economic use of energy

 

The real question is how we can achieve energy efficiency and sustainability as a nation.

Our individual responsibility and role in this area is similar to our function within a democracy. The Sri Lankan energy supply can only be affordable, reliable and sustainable if everybody can together strive to achieve it.

We can identify our energy use among four economic sectors: residential, commercial, transportation, and industrial. We rely on energy for lighting, heating or cooling of buildings, moving vehicles and freight, and manufacturing products. It is projected that Sri Lanka’s energy demand will increase by 5-6% annually. Minimizing energy waste and using energy as economically as possible is the responsibility of every citizen. While my colleagues and various energy professionals dedicate ourselves to improving these systems, it is also equally the responsibility of every individual energy consumer to contribute to this collective mission by ensuring careful and economical use of energy in their day to day life.

The National Day is a perfect moment to reflect on our values and appreciate how far we’ve come, and how far we have yet to go.

“The pessimist complains about the wind. The optimist expects it to change.

The leader adjusts the sails”

John Maxwell Let’s adjust the sails and lead this voyage.



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Pan Asia Bank’s Rs. 5 b debenture issue oversubscribed

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B D A Perera, Chairman and Naleen Edirisinghe Director/CEO of Pan Asia Bank

Pan Asia Banking Corporation PLC’s Senior Listed Rated Unsecured Redeemable Debenture issue of up to Rs. 5 billion was oversubscribed following its opening reflecting strong investor interest.

The debentures, with a par value of Rs. 100 each, will be listed on the Colombo Stock Exchange (CSE). The three-year debentures offer an interest rate of 12.75% interest payable annually, while the five-year debentures offer 13.50% interest payable annually.

The issue has been assigned a BBB+ (Stable) rating by Lanka Rating Agency.

The debenture issue was managed by the Investment Banking Unit of Commercial Bank of Ceylon PLC, with SSP Corporate Services (Private) Limited serving as the Registrar to the Issue.

The Bank said the strong investor response demonstrates continued confidence in Pan Asia Bank and its approach to creating long-term value for its stakeholders.

Pan Asia Bank, which positions itself as ‘The Truly Sri Lankan Bank’, continues to strengthen its role in supporting the financial requirements of individuals and businesses while contributing to the development of Sri Lanka’s economy.

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SLIIT International and Liverpool John Moores University inaugurate dedicated international learning facility

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Andrew Patrick

The Sri Lanka Institute of Information Technology (SLIIT) and Liverpool John Moores University (LJMU), United Kingdom, recently inaugurated SLIIT International in Collaboration with LJMU, a dedicated international learning facility located at No. 17, Dickmans Road, Colombo 04, marking a significant milestone in a partnership spanning more than a decade and reinforcing their commitment to providing Sri Lankan students with access to internationally recognised UK higher education qualifications.

The Grand Opening Ceremony was attended by Andrew Patrick, British High Commissioner to Sri Lanka, who graced the occasion as Chief Guest, alongside senior representatives from SLIIT, Liverpool John Moores University, the British Council, academia, industry and other stakeholders, marking the next chapter of the longstanding SLIIT–LJMU collaboration. The new facility is particularly significant as Sri Lanka’s first academic facility dedicated exclusively to the delivery of LJMU degree programmes, reflecting the strength, maturity and long-term commitment of the partnership.

Over the past decade, the SLIIT–LJMU partnership has established a growing network of more than 1,500 alumni, while providing Sri Lankan students with opportunities to gain internationally recognised UK qualifications locally. The new dedicated facility has been designed to provide a world-class learning environment exclusively for LJMU programmes, supporting future programme expansion, strengthening the student experience and creating opportunities for deeper academic collaboration, innovation, research and student engagement.

Commenting on the milestone, Prof. Lalith Gamage – Vice-Chancellor, Managing Director and Chief Executive Officer, SLIIT, stated, “The launch of SLIIT International in Collaboration with Liverpool John Moores University represents an important new chapter in our longstanding partnership with Liverpool John Moores University. Our vision is to provide Sri Lankan students with a world-class education and student experience right here in Sri Lanka, while equipping them with the global outlook, critical thinking, professional capabilities and career readiness required to succeed in an increasingly interconnected world. This dedicated facility strengthens the student experience while providing a strong foundation for the continued growth of our collaboration with LJMU.”

Prof. Timothy Nichol, Pro-Vice-Chancellor, Faculty of Society and Culture, Liverpool John Moores University, said, “The opening of Sri Lanka’s first facility dedicated exclusively to LJMU degree programmes represents a significant milestone for the University and our partnership with SLIIT. It reflects the strength of our collaboration and our shared commitment to delivering a high-quality LJMU educational experience in Sri Lanka. The new facility also creates exciting opportunities for deeper academic collaboration, innovation, research and student engagement as we look towards the next phase of our partnership.”

A key highlight of the Grand Opening Ceremony was the panel discussion titled “Beyond Borders: The Role of British Higher Education in Developing Globally Competitive Graduates.” The discussion examined the growth of international educational opportunities in Sri Lanka, the future expansion of UK degree programmes, maintaining the quality and integrity of UK qualifications, developing future-ready graduates with global competencies, and the role of international higher education in strengthening graduate employability. The panel brought together Prof. Lalith Gamage; Prof. Timothy Nichol; Mr. Sajeewa Meepage, Representative of the British Council; and Dr. Harsha Cabral, Board Member of SLIIT.

The panelists further emphasized on emerging trends in areas including law, business, psychology and artificial intelligence, as well as the contribution of UK higher education to Sri Lanka through internationally recognised qualifications that uphold global academic standards.

The discussion explored the history and future of the SLIIT–LJMU partnership, the strategic significance of the new SLIIT International facility, academic quality, graduate employability and the long-term growth of LJMU programmes in Sri Lanka.

The ceremony also featured a special address by Andrew Patrick, British High Commissioner to Sri Lanka, followed by an address by Mrs. Clare Sears, Country Director, British Council Sri Lanka. The evening also included the ceremonial exchange of the partnership document between SLIIT International and Liverpool John Moores University, symbolising the continued commitment of both institutions to strengthening their collaboration and expanding international educational opportunities for Sri Lankan students.

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Dijital Team and WinSYS City University launch two-year partnership

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Ziyam Abdeen, Chairman of WinSYS, and Peter Ward, Managing Director of Dijital Team, at the signing ceremony for the two-year partnership

Dijital Team has signed a two-year partnership with Winsys City University, strengthening the skills and capabilities of its team members to support Managed Service Providers and IT service providers while elevating tech talent to immediate industry-readiness. With a Memorandum of Understanding (MOU) signed recently, the partnership was formally launched on 9 September 2026 at Dijital Team’s office premises, Colombo.

Combining Dijital Teams’ international employer network and understanding of the capability requirements of MSPs and IT service providers across Australia, New Zealand and the United Kingdom with Winsys City University’s training heritage of 21 years, the joint programmes create legitimate classroom-to-international-career pathways, offering structured learning and certification avenues that support deeper capability across cloud, cybersecurity, automation, AI and emerging technologies.

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