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Mahindra Ideal Welipenna goes green

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Mahindra Ideal Lanka (Pvt) Ltd in Welipenna, a subsidiary of the IDEAL Group was set to add a massive 805 Kilowatt (kW) solar power to the national grid, on 5 September, commemorating Founders Day, the birthday of Nalin Welgama, the company’s Founder and Chairman.

Notably, this groundbreaking event marks the first time-ever that a company engaged in Sri Lanka’s automotive industry will be adding such immense capacity to the national grid and supporting the country’s renewable energy drive.

Contributing to a greener planet and saving the nation’s resources, the Ideal Group’s subsidiaries including Ideal Motors, Ideal Choice and Ideal First Choice have previously established solar power units at its business locations and already benefit from renewable energy and earth-friendly solutions.

Marking significant progress in the use of renewable energy, the following Ideal location has installed solar power and contributes to the national grid;

The Ideal Choice Premium Vehicle Workshop in Ratmalana generates 407 KW with a capital of Rs. 55 Mn.,

Ideal Holdings, Ratmalana office generates 333 KW solar power having invested Rs. 45 Mn.,

Ideal Motors Main Mahindra workshop at Ratmalana is equipped with a 105 KW from an investment of Rs. 15 Mn.,

The Yakkala Ideal Motors showroom and Ideal First Choice workshop operates through a 102 KW solar system having invested Rs. 14 Mn,

The Ideal Motors and Ideal First Choice Showroom workshop at Puttalam have installed a 43 KW system investing Rs. 6 Mn.,

The Ratmalana Pre Delivery Inspection and Vehicle Yard workshop generates 40 KW through a capital of Rs. 5 Mn., and

The main Ideal showroom in Wellawatte generates 33 KW solar power through an investment of Rs. 5 Mn.

All these installations have been completed by Ideal Greentech (Pvt) Ltd, a subsidiary of the Ideal Group, at a cost of Rs. 260 Mn contributing a monumental over 2 Megawatts to the national grid.

Commenting on its sustainability journey, Nalin Welgama stated, “The whole world is now focusing on renewable energy. As Sri Lanka too embraces the potential of renewable energy sources, we at Ideal Group believe it is our national responsibility to focus and contribute towards this national endeavour. Our showrooms and workshops throughout the island generate and use renewable energy and we are extremely proud of achieving a new milestone at our Mahindra Ideal Lanka plant in Welipenna which is set to generate 805 KW.”

Further elaborating, he noted, “At Ideal, sustainability is a way of life and a key measure of our success. Not even the rainwater collected at this factory is wasted. We have installed a waste water treatment plant ensuring all water used in our bays are cleaned and reused. Additionally, through the practice of adapting dynamic green concepts we have activated the planting of seedlings throughout the factory.”

Celebrating 5th September, the Ideal Group will also mark another momentous milestone for the nation and the automotive industry with the launch of the second phase at its Mahindra Ideal Lanka plant in Welipenna. The foundation stone for the new factory catering to Mahindra Truck assembling will be laid by Mr. Welgama. Upon competition of the factory, which is scheduled for December 2021, the installation of a massive 500 KW solar power system is also slated to take place.

The Mahindra Ideal Lanka plant in Welipeena, Kalutara was commissioned in 2019 through a partnership between India’s diversified global conglomerate Mahindra and Mahindra and the Ideal Group. The state-of-the-art production facility built to global standards assembles the Mahindra KUV 100.

Today, the Mahindra KUV 100 has gained immense popularity in the country and become the preferred choice for customers. The plant is also set to assemble Mahindra trucks in the future demonstrating the strength of local manufacturing capabilities.

“At present, across the the world, due to the spread of the Covid-19 pandemic, including in Sri Lanka we as a country face grave challenges. However, despite the nation in lockdown and our workplaces not fully operating to their normal capacities, the required electricity for consumption is generate through our solar power systems and being supplied to the national grid. As Sri Lankan businessman, I take great pride in this contribution and urge other companies and individuals to play a larger role in solar power generation for the country, supporting our nation’s future.”



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Women led LPO services firm Velox Partners enters new office space in Colombo

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Velox Partners is a 90% women led Legal Process Outsourcing firm now in Sri Lanka

Velox Partners, a tech-based legal process outsourcing (LPO) firm, expanded its presence into Colombo to augment its existing law firm. Velox commenced operations in January 2020 prior to the onset of the pandemic. Today, it has expanded its services across numerous verticals Commercial law, Litigation, Conveyancing and Company Secretarial Services, with Legal Process Outsourcing (LPO) Services being the core. It is geared as a fully-fledged legal service provider servicing clients across United Kingdom, Australia, Singapore and Southeast Asia.

Velox is female-led with over 90% being women comprising versatile and experienced lawyers. Their expertise bridges multiple disciplines of law with a local and global clientele. The two powerhouses leading the firm are its founding partners Lihini Fernando and Dakshika Perera whose collective experience spans over three decades.

Velox Partners saw Covid-19 restrictions and remote working as an opportunity to position the firm as a tech-based entity and launched its LPO arm. Providing back office legal services to law firms across continents was seen as a viable business model that is both functional and lucrative. Furthermore, the partners of Velox realized the potential of positioning Sri Lanka as a LPO Hub, where the LPO sector enables foreign remittance to the island nation to rebuild its economy. This also provided an opportunity particularly as LPO services can be offered remotely, without a physical office presence.

Velox has serviced clients in over 14 jurisdictions worldwide providing solutions on the ethos, ‘Beyond Legal’. Velox believes in combining business efficiency and tech enabled processes to differentiate itself from the conventional law firms.

Lawyers at Velox are solution providers guided by industry expertise. The team comprises professionals based in Australia, the United States of America, Singapore, and Sri Lanka which enables them to draw cross country perspectives in providing services. Velox is now poised to use their multiple years of experience across continents to provide smart legal solutions.

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Estonian TV crew gets a taste of Sri Lanka for the first time

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Meeting with SLTPB officials

Sri Lanka Tourism, under its Scandinavian market promotions hosted a Media FAM with 4 Media personnel from Kanal2 TV from Estonia. The tour started off on February 28 and ended on March 8. The purpose of hosting this tour was to receive more high-end tourist arrivals from Estonia, as well as the other Scandinavian markets including Lithuania and Latvia.

Subsequently, this tour was hosted in collaboration with the Sri Lanka embassy in Sweden which contributed to make this tour a success. The FAM Tour covered all the main tourist attractions in Sri Lanka, including wild life, Ayurveda, Boutique hotels, and also cultural attractions.

All these attractions were filmed and the destination will be promoted on air via Kanal2 TV, through the TV show ‘’ Kaugele Siit’’ (far from here). The first episode of this programme is scheduled to be telecast for 45 minutes. This travel programme has 420,000 followers as their audience. Kanal2 TV was also the official Media partner for the Winter Olympics 2018, a Sri Lanka Tourism press release said.

The release adds: ‘The visitors were quite impressed with the 8-day tour which they had, enjoying every moment of their tour. They were equally mesmerized with the warm hospitality which they received from the Sri Lankans, which they are mostly renowned for. They enjoyed the traditional Sri Lankan cuisine, and the variety of dishes which they tasted. Nevertheless, they had the opportunity of exploring every attraction of the paradise island to convey the message to their fellow Estonians, that Sri Lanka is a unique travel destination which has everything in store for the enthusiastic traveler.

‘They also had a cooking demonstration by courtesy of Siddhalepa Ayurveda Resorts & Spas Wadduwa, and also a Yoga treat at the same venue. Visiting the Turtle Hatchery at Kosgoda , the Elephant orphanage at Pinnawala, going through a safari at Eco park was also another amazing experience which they had during their stay.’

 

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The Academy of International Business signs Memorandum of Understanding with the University of the Pacific

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More than 50 students graduated this year from AIB

Academy of International Business Sri Lanka (AIB) held its second graduation at the Bandaranaike Memorial International Conference Hall with over fifty graduates successfully passing out. At the recent graduation, the business academy signed its MOU with the University of the Pacific.

The signing of the MOU is a major milestone for the business academy. The courses offered are DBA, MBA, and BBA top-up programs through AIB. Prof Liam, Rector – of the University of Pacific, expressed confidence that the program delivered by AIB will be very beneficial.

The event was graced by passed graduates, teachers, and lecturers, the ceremony was hosted by the chief guest and the regional director of ABE(UK) Dr Praveen Mahendran. “The ABE(UK) is one of the long-standing professional awarding bodies from the UK and AIB is proud to be associated with ABE and approved by the awarding body.

Hard work, competency and capability are the values that produce results, through the AIB and its programs these are achievable. Every student is encouraged to show their full potential”.

The distinguished guests were the Vice President of the BNI Pioneer Chapter, Dilan Fonseka. He emphasized, the importance of students gaining experience in entrepreneurial skills and business development by enrolling at BNI. AIB is a member of BNI, which creates multiple opportunities.

About the Academy of International Business: AIB is recognized for its management programs, digital marketing, marketing, and English language programs such as IELTS, and PTE. It’s widely popular among students in search of pursuing business and management courses.The Director of AIB Sri Lanka, Chrishankar Janathanan, expressed the institute’s commitment to providing the best quality education. It’s not only a center that is simply cornered to the education sector but also has focused its efforts on recruitment services and digital agency services.

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