Gas World (Pvt) Ltd, a wholly owned subsidiary of Industrial Gases Pvt Ltd, recently announced their plans to add yet another ASU Plant to increase their Medical and Industrial Oxygen production capacity.It was only in the 3rd week of April 2021 that they commissioned their third plant boosting production capacity to almost 38 tons per day. The commissioning of this plant was long delayed due to the outbreak of COVID-19 pandemic in China from November 2019 till end 2020. As announced by Sumith Guruge, Chairman of Industrial Gases (Pvt) Ltd and Gas World (Pvt) Ltd “this was a part of our normal capacity expansion based on pre Covid-19 economic conditions. Fortunately, this plant was commissioned in April 2021 enabling local production capacity to meet the bulk of the Sri Lanka’s health sector needs during the early days of the third wave of Covid-19. This enabled the company to increase its supply of Oxygen to the health and industrial sectors from around 10 to 40 tons per day”.Guruge is confident in having the new plant up and running within a few months as opposed to the usual time taken to commission such a plant. He also stated that ” we have maintained our prices to the health sector stable throughout the pandemic and with the commissioning of the fourth plant, Gas World will double its Oxygen and Nitrogen output. With a vibrant vaccination program and other health safety measures in place, we are confident that the pandemic would fade away sooner than expected enabling the local industries such as construction, production related, Port City development etc. to experience a considerable boost”.
As a responsible and a reliable partner in progress, our goal is to be prepared for such an exponential growth to ensure an uninterrupted supply of gases without any adverse impact on national development. When asked about over capacity in a post pandemic environment Chairman Guruge stated “We are looking at the broader goals of our industry. We must provide uninterrupted supply to all our customers, not only the health sector but all of the industries we supply, from ship building to food processing and even our neighborhood welding plants. Any investor will be able to access our industrial gas without an interruption. Hopefully we will be able to provide more in-plant Oxygen supply to more hospitals” a laudable vision, indeed.
SLTMobitel-PEOTV and DP Education launch ‘Videsa DP Education’
SLT-MOBITEL, the National ICT, Telecommunications and Mobile Services Provider has teamed up with DP Education, to launch ‘Videsa DP Education’, a dedicated educational channel on CH.215 of SLTMobitel–PEOTV, ensuring school children from Grade Five to Advanced Level have access to a high-quality learning experience with Rewind TV.
The revolutionary services of SLTMobitel-PEOTV includes ‘Videsa’ a series of educational channels hosted on the platform, that comprise of 06 TV channels dedicated to individual grades covering grades 06 to 11, that enhance the knowledge sharing with curriculum-centered lessons from a panel of reputed teachers. DP Education, a unique online learning platform, leverages digital solutions to deliver quality education to empower students. Together, Videsa and DP Education, enrich the educational arena further with the ‘Videsa DP Education’ channel, a dedicated television space for the students at home.
This path-breaking partnership is a commitment by SLTMobitel–PEOTV to support the education of children, whose options are limited due to the challenges convergence posed by the COVID-19 pandemic. The initiative will use the home TV screen and mobile devices as a ubiquitous medium to impart knowledge providing access to quality education for students across the country.
Commenting on the initiative, Rohan Fernando, Group Chairman, SLT said, “We understand that parents are now faced with the challenge of keeping their children safe during the pandemic as well as having to deal with the ongoing disturbances to their children’s education. As a solution to ensure that their learning remains uninterrupted, we have already introduced six different channels for Grade 6 to Grade 11 students through our Videsa digital platform. Our latest initiative and partnership with DP Education has now enabled us to launch a dedicated channel with unique learning experiences in key subjects such as Mathematics, Science and English for students from Grade 5 to Advanced Level with the Rewind TV facility. We are appreciative of the exceptional efforts extended by Mr. Dammika Perera and his team at DP Education and are grateful for the opportunity to connect the two learning platforms together in unison to create a revolutionary learning experience for our children”.
Thornton and Dane’s combined projects portfolio tops Rs 5.9 billion
Thornton Engineering, the Nextventures owned civil engineering company, has announced the acquisition of a 100% stake in Dane Engineering (Pvt) Ltd. for Rs 350 million, creating a construction business with a combined portfolio of Rs 5.9 billion.
The new entity, Thornton and Dane Engineering, expects to add new construction projects with a cumulative value of Rs 5 billion within the current financial year, nearly doubling its projects portfolio, the Company said in its announcement.
“We are excited at the post-acquisition prospects for the new company, because we strongly believe that it is a good example for the concept of the whole being greater than the sum of its parts,” said Thornton and Dane Director Dinesh Schaffter. “The combined strengths of Thornton and Dane create a formidable as well as extremely flexible engineering company that is capable of executing projects of varying scope and scale.”
Capacity-building programs for SMEs
Sri Lanka Chamber of Small and Medium Industries (SLCSMI), the apex body for SMEs in Sri Lanka has been at the forefront in supporting the SMEs during the pandemic. The chamber took several measures since the pandemic first hit the country in the first quarter of 2020. The Webinar series “Way Forward for SMEs” was a grand success among other initiatives, which was conducted with the participation of prominent scholars, leading business personalities as well as top rankers of state and private sector organizations.
The president of SLCSMI, Prof. Rohan De Silva said: “We are always there to represent and support the SMEs in the country and that’s our prime duty. During the first wave, we understood the need to share the knowledge and provide psychological support for the business owners to withstand the difficult times and that’s how the webinar series was born. Our initiative was well received by the businesses and our audience was not limited to Sri Lanka alone, as we witnessed participants from around 12 countries.”
Prof. Rohan further said that the chamber has looked at the possibilities of providing sustainable solutions to the SMEs beyond merely conducting knowledge sharing sessions and the Executive Committee has decided to introduce a range of Capacity Building programs to develop the SMEs. These programs include different solutions to address various gaps among the SMEs and the chamber intends to issue a valuable certificate for the participants of these programs.
The chamber has partnered with the Asia Pacific Institute of Money and Entrepreneurship Development (iMED) to design and deliver the programs and the details of the Programs will be unveiled at the launching event scheduled to be held on the 25th of September.
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