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Sri Lanka showcases comprehensive sustainable development framework at ICSG 2025

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Chief Guest MKM Mahinda Siriwardena, Chairman of the Sustainable Development Council and Secretary to the Ministry of Finance, Planning, and Economic Development.

Colombo, Sri Lanka – The 7th International Conference on Sustainable Globalization (ICSG) recently concluded at the Cinnamon Grand Colombo, marking a pivotal moment for Sri Lanka’s emergence as a leader in sustainable development.

Jointly organized by Sri Lanka’s American International Campus (AIC), the University of Wisconsin Parkside (USA), Ostfalia University (Germany), St. Petersburg State Economic University (Russia), and Mahatma Gandhi University (India), with the support of Quest International University Malaysia, El-Toro Roofing, and Tjay Lanka PLC, the conference focused on “Sustainable Transportation, Technology & Tourism: Shaping Tomorrow’s Solutions.” It emphasised an integrated approach to economic revival driven by sustainability.

Sri Lanka’s commitment to global partnerships was a key theme of the conference, with highlights including knowledge exchange initiatives with top academic institutions, technology transfer programs in renewable energy, collaborative research in sustainable infrastructure, and capacity-building partnerships with international entities. The conference also underscored the country’s integration of global best practices in sustainable development.

M.K.M. Mahinda Siriwardena, Secretary to the Ministry of Finance, Planning and Economic Development, who graced the occasion as Chief Guest, unveiled the government’s ambitious transportation transformation plan. This initiative aims for 25% electric vehicles to be integrated into public transportation by the end of 2025.

Siriwardena outlined key projects, such as the Colombo Light Rail Transit system, modernized bus rapid transit, smart traffic management for a 20% reduction in congestion, solar-powered electric three-wheelers for rural areas, green ports, and systems to optimize traffic and reduce energy consumption.

“The convergence of sustainable transportation, technology, tourism, and finance represents our path to resilient economic growth,” he said. “We are not just building infrastructure; we are creating a sustainable development legacy for future generations.”

The Sri Lankan financial sector is also playing a leading role in sustainable development. The banking sector has committed to allocating 15% of its lending portfolios to sustainable projects by 2025, with successful initiatives like green bonds and sustainability-linked loans. The launch of the “Green Growth Accelerator Program” and the integration of sustainability criteria into national budgeting were also key points.

Following the conference, the ICSG 2025 sustainability awards ceremony recognised excellence across various sectors. The overall gold award was presented to El-Toro Roofing Products Ltd, followed by Ceylon Wild Safaris (silver) and Teejay Lanka (bronze). Sector-specific awards were given to Neptune Recyclers for Environment, Denovo E Solutions for Economics, Imperial College of Business Studies for Society and Ceylon Gem Traders (Pvt) Ltd for Governance.

For more information contact the event organizer, student.lk pvt ltd on (077) 433 0770 and visit their website www.student.lk



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Sun directly overhead Nittambuwa, Algama, Malwana, Aranayake, Meegahakiula and Panamkadu about 12.09 noon today (04)

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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 (04) are Nittambuwa, Algama, Malwana, Aranayake, Meegahakiula and Panamkadu about 12.09 noon.

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Norochcholai digs into dwindling coal stocks, two units slash generation

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Plant’s output cut from 270 MW to 140 MW amidst dwindling stocks; energy analysts warn system remains “at a razor’s edge”

By Ifham Nizam

The Norochcholai coal-fired power plant is now digging into the last dredges of its coal stock, with two operational units forced to slash generation from around 270 MW to just 140 MW on Sunday as the plant ran critically short of fuel, according to independent energy analysts and sources familiar with the National System Operator (NSO).

The sudden reduction of approximately 130 MW in coal generation has once again exposed the fragile state of the country’s power supply arrangements, with the plant understood to have coal stocks sufficient only until Friday night.

“This is not how a coal plant is expected to operate. They are digging up the last dredges of coal from the plant,” an independent energy analyst told The Island.

The analyst questioned why the units had been allowed to reach this stage without earlier intervention, arguing that at least one unit should have been deloaded around 10 days ago to conserve the remaining coal.

Had that been done, the analyst said, the country could also have reduced its dependence on more expensive diesel-fired generation during the period when

coal stocks were being conserved.

The latest NSO generation figures highlight the continuing pressure on the system.

Around 7 p.m. on Sunday, when the night peak was reached, total demand stood at 2,552.7 MW. Coal contributed only 282 MW, while major hydro accounted for 1,215.8 MW and thermal-oil generation for 791.9 MW.

The night peak of 2,552.7 MW was substantially higher than the daytime peak of 2,246 MW, according to the NSO Generation Summary for August 30.

The most immediate concern is the remaining coal stock at Norochcholai.

Sources said the plant has coal only to Friday night, making the timing of the next shipment critical.

The first shipment under the emergency arrangement is expected to arrive on Friday, September 4, but the coal unloading will have to begin on the same day if

the power plant is to continue operating without further significant deloading.

That creates another potential vulnerability, with rough sea conditions posing an additional challenge to unloading operations.

Energy sector sources said that even the arrival of the September 4 shipment would not completely eliminate the danger.

The next shipment under the new coal tender would need to commence unloading around September 15. Any significant delay beyond that could again force the Norochcholai units to operate at reduced output.

“We are still at a razor’s edge”

The independent energy analyst said the situation should not be viewed merely as a question of whether a particular vessel arrives on time.

The situation also means that any further reduction in coal generation could have a direct impact on the use of oil-fired power generation, potentially increasing the cost of electricity generation.

The latest NSO figures already show the important role being played by thermal-oil generation during the evening peak, when demand rises sharply.

The analyst questioned the rationale behind allowing the coal units to continue operating at higher loading until stocks reached critically low levels instead of taking measures earlier to stretch the available inventory.

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22A: BASL decides against making written submissions after SC refuses to grant it right of reply

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The Bar Association of Sri Lanka (BASL) has informed the Supreme Court that it would not tender written submissions in respect of the petitions challenging the 22nd Amendment to the Constitution, which were heard on September 1 and 2.

The BASL said it had initially decided not to make written submissions after being deprived of the right of reply when the Solicitor General, appearing for the State, made submissions and explained the rationale and justification for the Bill.

The BASL pointed out that the Solicitor General, who made submissions at the end of the second day of the hearing, had not made a policy document available to the petitioners.

It also said the petitioners had not been given an opportunity to respond orally to the Solicitor General’s submissions or to address the Court on certain questions raised by the judges during their exchanges with the Solicitor General. (SF)

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