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Swisstek Aluminium switches to Green Energy through Mega Roof Solar Project

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Completes 1,500 KW solar generation project with Rs. 156 mn investment

Swisstek Aluminium Limited, an aluminium product manufacturer that has grown into an industry mainstay in Sri Lanka over the past 12 years, and caters to both local and international markets, announced its contribution towards the national sustainability drive through the installation of solar power generation facilities at its factory complex. This shift to renewable energy is expected to affect positively on its export share, considering the global shift towards cleaner production methods that is pushing suppliers to source materials from more eco-friendly manufacturers.

A rooftop solar panel array was chosen as the most feasible option owing to the factory’s large area and roof capacity, and thus, a total of 3,340 photovoltaic panels were installed under the Ceylon Electricity Board’s net plus scheme, with Swisstek making a significant investment of over Rs. 156.5 million in the project. This initiative contributes more than 2.1 million Kilowatt hours to the national grid annually, in a sustainable manner.

The rooftop solar array enables the generation of up to 30% of the factory’s power consumption requirement through a renewable source, vastly reducing the carbon footprint generated by Swisstek’s operations.

Swisstek Aluminium further explained that the factory, which handles the powder coating and anodizing treatment processes of extruded aluminium products, was recording heavy levels of energy consumption due to the resource-intensive processes being undertaken. With rising electricity rates and the globally increased demand for corporate sustainability, the management decided to implement renewable power generation facilities, thus bringing down the company’s operating costs as well as its ecological impact.

While the company benefits from the reduced operating costs due to this on-site generation facility, the move towards solar power is also in line with the national goal of producing 70% of the national energy requirement from renewable sources by 2030, while marking Swisstek Aluminium’s products as being ahead of its competitors in yet another aspect, in the form of sustainable production. Further company produces and supplies a wide range of solar brackets and accessories to major solar installation companies as a leading partner.

Commenting on the achievement, Swisstek Aluminium Chief Executive Officer Tharindu Atapattu stated, “At Swisstek Aluminium, our quality promise also comes with a commitment to becoming the most environmentally-friendly manufacturer for aluminium extrusions in Sri Lanka. Completing this renewable energy generation project marks a huge step towards ensuring sustainability, as we have reduced a large portion of our carbon footprint.Swisstek

“In this way, we aim to continue contributing towards the country’s progress towards its goals of achieving an export-oriented economy, as well as reducing the demand for non-renewable energy, which we hope will set an example for other industries to follow suit. Especially given the current situation, we believe it is up to all of us to do our part in taking Sri Lanka forward.”

Atapattu further noted, “We aim to further increase renewable powder generation capacity to 100% by undertaking similar efforts in the future, thus achieving a carbon-neutral production process through our next phase of development.”



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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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