Business
Wind turbines in Mannar designed to pose no threat to birds: Minister
Power and Energy Minister Kanchana Wijesekera said on the floor of the Parliament recently that according to the EIA Report, meticulous planning has been undertaken to mitigate potential risks to migratory birds. Contrary to assertions, the EIA report explicitly states that turbines will not be situated within the migratory birds’ flight corridor. Moreover, innovative solutions such as an AI-based radar system are slated for implementation. This cutting-edge technology will swiftly identify birds in the path, triggering mechanisms to halt rotor movement, thus safeguarding avian populations an in-depth analysis of the Environmental Impact Assessment (EIA) Report reveals.
The minister also said that the government has removed six turbines belonging to wind power plants in Mannar and will also keep a corridor of 2km for bird migration.
He also revealed that a former member of Viyathmaga is actively advising opposition and its leader, to oppose the proposed wind power project which aims at providing Sri Lanka affordable renewable energy and reduce dependence on costly and climate averse fossil fuel.
The opposition to the $386 million, 250 MW renewable energy project in Mannar, Sri Lanka, raises concerns about its potential benefits and the motivations behind resistance. Despite offering the promise of affordable energy, state-of-the-art technology, and minimal environmental impact.
The developer, India’s Adani Group, in a statement said the company has underscored its commitment to environmental stewardship. Their proposal includes the utilization of high-capacity turbines, strategically designed to minimize the project’s overall impact area. Additionally, specialized blade designs aim to enhance visibility for avian species, ensuring their safety amidst the project’s operations.
Thorough planning detailed in the EIA Report, combined with the developer’s proactive steps, represents a dedicated commitment to align renewable energy initiatives with the principles of ecological conservation.
The Mannar project transition not only positions Sri Lanka as a frontrunner in renewable energy technology but also opens doors to increased investment and innovation, further solidifying its status as a progressive and forward-thinking nation on the world stage.
According to the EIA, it is expected that 1048 GWh of Annual Energy Production (AEP) can be obtained, which is around 6% of the country’s requirement leading to an 18 billion rupees worth of annual fuel saving, and 0.8 million metric tons of Green House Gas (GHG) reduction, annually. After the implementation of the project, the cost per kWh energy production will be 0.04 USD cents, which is a low-cost power generation option, in comparison to other type of conventional power plants in the country. This would save a significant amount of foreign exchange throughout the operational life of the project. Additionally, the Mannar region will benefit immensely from the project related infrastructure development.
Business
Indian business leader urges SL entrepreneurs to tap into India’s rapidly expanding consumer market
By Sanath Nanayakkare
Speaking at the Sri Lanka Economic and Investment Summit 2026, T. Krishnakumar, Chief Executive Officer of Reliance Consumer Products Ltd (RCPL), emphasised that local enterprises can unlock substantial economic benefits by strategically aligning with India’s booming consumer base.
Addressing business leaders and policymakers at the Shangri-La Hotel in Colombo, Krishnakumar highlighted that geographical proximity and rich cultural ties provide a natural foundation for deeper commercial collaboration.
He noted that instead of viewing bilateral trade narrowly, regional partnerships should act as conduits to build robust, scalable enterprises capable of plugging into wide-reaching regional value chains.
“For Sri Lankan exporters dealing in traditional staples as well as value-added goods, accessing India’s rising middle class presents a phenomenal growth window,” he said.
Drawing insights from Reliance Consumer Products’ rapid expansion – which scaled efficiently to thousands of employees and multi-billion-dollar metrics – Krishnakumar stressed that modern corporate success relies on disciplined execution, localised consumer understanding, and smart technology integration.
Furthermore, he underscored that while rapid growth is critical, businesses must consistently anchor their models in affordability and consumer trust.
Concluding his address at the summit, the RCPL chief noted that pairing regional trade integration with resilient business practices and predictable regulatory frameworks will be vital as Sri Lanka transitions firmly toward accelerated economic development.
Addressing the Summit during a subsequent fireside chat, President Anura Kumara Dissanayake underscored that a core concern currently being targeted by the government is developing a critical mass of local entrepreneurs equipped to engage with international enterprise counterparts.
Business
SriLankan Airlines wins prestigious SATA 2026 Visitors’ Choice Award for Leading International Airline
SriLankan Airlines has once again been honoured with the prestigious Visitors’ Choice Award for Leading International Airline at the South Asian Travel Awards (SATA) 2026, reaffirming its continued recognition in the regional travel and tourism industry. The airline, which has received this award in previous years, was the only international airline to be recognised in this category at this year’s event. The 10th anniversary edition of the awards ceremony was held earlier this month at Hotel Barcelo Nasandhura in Male, Maldives.
Recognised as one of the key events on the Maldivian tourism and travel industry calendar, SATA celebrated its 10th anniversary on a grand scale, bringing together prominent industry stakeholders, including Government Ministers, distinguished dignitaries, diplomats and senior representatives from leading airlines and their respective head offices.
Commenting on the achievement, Dimuthu Tennakoon, Head of Commercial, SriLankan Airlines, stated, “We are honoured to receive this recognition at the South Asian Travel Awards 2026. Being named the Leading International Airline in the Visitors’ Choice Awards once again is a meaningful acknowledgement of our commitment to serving our passengers and strengthening our presence in the region. This award inspires us to continue enhancing the travel experience we offer and to build stronger connections with the markets and communities we serve.”
Complementing its commitment to service excellence, SriLankan Airlines offers an extensive flight network with convenient connections to destinations across the globe. In South Asia, the airline operates nearly 130 flights each week to 15 destinations across India, Pakistan, the Maldives, Nepal, and Bangladesh. With schedules thoughtfully designed to suit the needs of travellers, SriLankan Airlines provides seamless connectivity for those visiting Colombo for business or leisure, as well as passengers travelling onwards to destinations worldwide.
Business
JXG enters LMD’s Most Respected Entities in Sri Lanka 2026 for the first time, securing a place among the first 50
JXG (Janashakthi Group), Sri Lanka’s leading financial conglomerate, has been ranked 44th in LMD’s Most Respected Entities in Sri Lanka 2026, marking the Group’s first appearance in the prestigious listing. The recognition places JXG among Sri Lanka’s most respected companies and marks an important milestone in the Group’s master-brand journey.
As the holding company, JXG was also recognised across key attributes including Aspirational Workplace, Business Expansion, Business Innovation, Corporate Culture, Corporate Dynamism, Crisis Management, Employee Wellbeing, Honesty and Integrity, and Leadership Profile. The recognition reflects the growing strength of the JXG brand and the collective contribution of its businesses and people in building trust and confidence among its stakeholders.
JXG’s subsidiaries, including Janashakthi Life and First Capital, have also been recognised in the main table of LMD’s Most Respected Entities 2026 rankings, while Janashakthi Finance has been recognised under the Business Expansion attribute, reflecting the strength of the Group’s individual businesses alongside its growing master brand.
Conceptualised and commissioned by LMD and conducted by PepperCube Research Consultants, the Most Respected Entities special edition recognises companies based on an independent survey of Sri Lanka’s business community.
Commenting on the recognition, Gamika de Silva, Group Chief Marketing Officer at JXG, said, “This is a proud moment for all of us at JXG. We set out to build a Group brand that is not just seen but lived by our people and reflected in everything we do. Ultimately, the true testament to any brand lies in its people, and the credit for this recognition goes to everyone across JXG who brings our values to life every day. This recognition is an encouraging milestone for us, while also reminding us to keep raising the bar and earning the respect of our stakeholders through what we do.”
JXG’s approach to building trust is anchored in its core values of Integrity, Collaboration, Respect, Performance Driven and Innovation. These values guide how its businesses operate, how its people engage with one another and how the Group serves its customers and wider stakeholders.
As JXG continues to expand its businesses, the Group remains focused on strengthening its market presence, creating long-term value and contributing to the growth of Sri Lanka’s financial services sector, guided by its purpose, Breaking Barriers, Forging Futures.
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