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.”
‘Rekindle Happiness with New Experiences’ this Season with Nations Trust Bank American Express
The season of joy comes early for Nations Trust Bank American Express Cardmembers, with the ‘Rekindle Happiness with New Experiences’ campaign. Cardmembers will receive amazing benefits and savings from over 300 merchants island-wide, across all categories online and offline, all the way to 31st December 2021.
The time spent with loved ones during this season of togetherness and sharing will be a gift in itself. Nations Trust Bank American Express launched the seasonal campaign with the hope of bringing new life to the season of happiness and merriment. With the countless benefits and privileges, the campaign will allow loyal Cardmembers to celebrate this season in style with memories for the ages.
The offers for Cardmembers come from a wide range of categories including but not limited to Clothing, Gifting, Hampers, Dining, Hotel stays, Supermarkets, and Automobiles. Niluka Gunatilake, Head of Cards at Nations Trust Bank stated, “It’s that time of the year when everybody looks forward to the year-end cheer and festivities. Particularly, after coming out of several lockdowns, we are all excited for the upcoming festive season. Nations Trust Bank American Express is delighted to present seasonal benefits and privileges for our Cardmembers to celebrate this season of giving, sharing and joy! They can look forward to a rewarding season with a plethora of offers as we partner with leading retail establishments, dining partners, hotels & resorts. We invite our Cardmembers make use of the benefits and privileges and have a wonderful season to rekindle happiness with new experiences.”
Nations Trust Bank American Express invites cardmembers to enjoy the festivities and find out more about the benefits and privileges offered this season by visiting www.americanexpress.lk. The Bank strongly advises Cardmembers to adhere to all health and safety guidelines issued by the Government whilst they enjoy their seasonal shopping, dining and lodging.
Nations Trust Bank PLC is among the top 15 business establishments in Sri Lanka as ranked by Business Today. Stemming from its vision of “helping people and businesses by providing financial services and information to achieve their goals and aspirations in a sustainable way”, the Bank serves a diverse range of customers across both individual and corporate, with an enviable portfolio of banking and financial products and services. Strongly focused on digital empowerment through cutting-edge digital banking technologies, the Bank is a pioneer in many innovative customer centric banking solutions such as extended banking hours, and FriMi – Sri Lanka’s first digital banking experience. Delivering premium value, service and connecting its Card Members to rewarding experiences and opportunities Nations Trust Bank PLC is an issuer and sole acquirer of American Express Cards in Sri Lanka. The Bank operates 96 branches across the country and has an ATM network covering 127 locations and 48 Cash Deposit & Withdrawal Machines, plus more than 3,700 ATMs on the Lanka Pay Network.
Airtel’s network expansion to amplify island-wide 4G coverage
Airtel Lanka, a subsidiary of international telecom giant Bharti Airtel Limited, recently revealed its plans to strategically expand its new 4G network across the island.
As such, over 400 new 4G sites are being commissioned across the country, which is in addition to the 2,000 plus 4G sites Airtel added during the launch of its 4G.
The new 4G sites are mapped out to ensure enhanced capacity in highly populated areas and coverage penetration into rural regions. Airtel’s 4G network is built on a triple layer network, which gives it a solid combination of coverage and capacity to deliver a superior experience with drastically improved indoor coverage with stronger signal penetration.
Having already completed over a third of the newly planned 4G sites, the finished sites are estimated to cover over an additional one million of the population. A prominent cause for the company to expedite its expansion drive was the two-fold increase in data usage since the pandemic brought along a new normal.
“I am certain that our rapid expansion strategy will directly benefit our consumers across the island, giving them a refreshed and enhanced network experience through our world-class 4G capabilities. Until adequate or even excess coverage is obtained, we will continue our 4G expansion drive, with every location also being 5G-ready to seamlessly accommodate the next generation of network when the time comes,” commented Airtel Lanka CEO/MD Ashish Chandra.
Through this drive, Airtel users will be given the opportunity to enjoy a network experience unlike ever before. As Airtel is also equipped with a refreshed prepaid and postpaid model with the recent launch of ‘Freedom Packs’, the launch of Airtel 4G is the telco’s single largest investment in Sri Lanka since its entry into the island in 2009. The purpose-built 4G network promises users a superior user experience including 99% buffer-free streaming, noticeably quicker loading times and improved indoor coverage with 4G signals that never fail.
From online learning to work-from-home to virtual socialising, every user from children to adults will be able to benefit from not having to face any more call drops, interruptions or coverage issues.
In addition to the company led expansion of amplifying coverage island wide, Airtel’s joint venture with the Telecommunication Regulatory Commission of Sri Lanka’s (TRCSL) Gamata Sanniwedanaya aims to achieve 100% island wide coverage by 2022 by bridging the digital gap in rural districts with poor network coverage, by providing equal access to mobile connectivity for all Sri Lankans.
HNB hails Sri Lanka Paralympic heroes as an inspiration to new generation of athletes
Sri Lanka’s very first Olympic Gold Medallist together with the Bronze medallist and participant delegation to the Tokyo 2020 Paralympic Games, resonated a vibrant and inspirational example to new generation athletes and youth of the country, at a felicitation ceremony organized by the country’s leading private bank, HNB.
Recognising their outstanding performances – which included securing Gold and Bronze medals and establishing a new world record – HNB’s Sustainability Foundation presented plaques and cash rewards to the award winning athletes, coaches and officials who were part of the delegation.
The felicitation ceremony, held at HNB Towers, the Bank’s head office was attended by HNB Managing Director /CEO – Jonathan Alles, Chief Transformation Officer/DGM – L Chiranthi Cooray, Deputy General Manager –Retail & SME Banking – Sanjay Wijemanne and HNB Sports Club President/AGM Hisham Ally, as well as National Paralympic Committee (NPC) of Sri Lanka Honorary President, Lieutenant Colonel Deepal Herath and other officials.
“You have scaled mountains that others only dream of conquering,” HNB Managing Director/CEO, Jonathan Alles said, congratulating the members of the delegation. “We, at HNB draw inspiration from your achievements and hope that the country’s youth and new generation of athletes too will do the same. Sports can help develop qualities which are essential for organizations, particularly teamwork and the country will benefit from youth taking a greater interest in sports activities.”
The highlight of the event was the felicitation of Dinesh Herath – who won Gold in Men’s Javelin Throw F46 – and Samitha Dulan Kodithuwakku – the Bronze medallist in the Men’s Javelin Throw F64. Herath is also the first Sri Lankan to win an Olympic or Paralympic Gold and set a new world record in his event.
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