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
Latest News
Sun directly overhead Madampe, Thorayaya, Thotagamuwa, Rattota and Kalavanchikudy about 12.09 noon today (03)
The sun is going to be directly over the latitudes of Sri Lanka from 28th of August to 07th of September due to its apparent southward relative motion.
The nearest places of Sri Lanka over which the sun is overhead today (03) are Madampe, Thorayaya, Thotagamuwa, Rattota and
Kalavanchikudy about 12.09 noon.
News
22A: SC urged to suspend hearing, appoint full bench
Attorney-at-Law Sugandhika Fernando, on behalf of the Vinivida Foundation, petitioned the Supreme Court yesterday (02), seeking a full bench, excluding Chief Justice Preethi Padman Surasena, to hear the petitions challenging the 22nd Amendment Bill. She also requested that the hearing be suspended immediately until the matter was fully heard and determined.
Among the respondents are Chief Justice Surasena, the first respondent, and Attorney General Parinda Ranasinghe. Justices Yasantha Kodagoda, Shiran Gooneratne, Achala Wengappuli and Priyantha Fernando have also been named as respondents.
The petitioner has sought to have quashed the decision of the first respondent to appoint a five-member bench, which she alleged was made in violation of the norms of public law. She also sought a bench comprising all Supreme Court judges, excluding those cited as respondents, to hear the special determination applications on the 22nd Amendment.
The petitioner further contended that Chief Justice Surasena, who is due to retire on December 1, 2026, would be the main beneficiary of the 22nd Amendment.
The hearing of the petitions continued for a second day yesterday (02) before a five-member Supreme Court bench comprising Chief Justice Preethi Padman Surasena and Justices Achala Wengappuli, Arjuna Obeyesekere, Sampath Abeykoon and Gihan Kulatunga.
The hearing, which commenced on Tuesday morning, continued for nearly 12 hours, until 10:30 p.m.
Solicitor General Viraj Dayaratne, appearing for the Attorney General, submitted yesterday that the Government had presented the 22nd Amendment Bill to the Constitution and the Judicature (Amendment) Bill with the objective of expanding and streamlining the country’s judicial system.
After the Solicitor General’s submissions concluded, counsel representing the petitioners requested an opportunity to respond to the Solicitor General and the intervening petitioners. However, the Chief Justice declined to allow the petitioners’ counsel to make further oral submissions, concluded the determination hearing and directed them to file written submissions instead.
News
Govt. seeks NATO assistance
Sri Lanka has formally requested assistance from the North Atlantic Treaty Organisation (NATO).
According to a press release issued by the Defence Ministry, Defence Secretary Air Vice Marshal (retd) Sampath Thuyakontha has discussed defence cooperation with NATO, with discussions focusing on military modernisation, advanced technology, cyber capabilities and disaster response.
This was during talks between AVM Thuyakontha and NATO Military Committee Chairman Admiral Giuseppe Cavo Dragone on the sidelines of the Chiefs of Defence Conference in Victoria, Canada.
During the meeting, Secretary Thuyacontha outlined Sri Lanka’s defence requirements and areas of interest, including the modernisation of military hardware, acquisition of advanced technologies, and strengthening cyber capabilities and surveillance platforms, the Ministry of Defence said in a statement.
The two sides also discussed opportunities for greater technical cooperation, including the exchange of military personnel, expanded education and training programmes, and increased sharing of expertise and information.
Humanitarian Assistance and Disaster Relief (HADR) was also identified as an area for potential cooperation. The discussions included the exchange of expertise and the effective use of unmanned aerial vehicles (UAVs) in disaster response and related operations.
Defence Secretary Thuyacontha invited NATO to further strengthen its engagement with Sri Lanka, emphasising sustained dialogue, information sharing and practical cooperation in areas of mutual interest.
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