Business
WindForce clinches Silver at CA Sri Lanka’s prestigious TAGS Awards 2022
WindForce PLC, Sri Lanka’s largest independent renewable energy company, was crowned the Silver winner under the ‘Power and Energy Sector’ category at the coveted TAGS Awards 2022, organized by The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka).
This year’s TAGS Awards marked the 57th edition of the competition, which honours multinationals, conglomerates, SMEs, NGOs and NPOs, for upholding CA Sri Lanka’s core principles – transparency, accountability, governance and sustainability – in both financial and non-financial reporting aspects.
WindForce was recognised for its insightful Annual Report which covers 6 capitals under the integrated reporting framework and follows a modular system of interconnected standards under the Global Reporting Initiative (GRI). The report also adhered to the United Nations Sustainable Development Goals when outlining the company’s sustainability, and environmental, social and governance practices.
Commenting on this achievement, Manjula Perera – Managing Director at WindForce said, “It is an absolute honor to be recognized by the TAGS Awards for our second published Annual Report. This milestone is a testament of our efforts as a responsible corporate citizen and we’re happy to support CA Sri Lanka to promote credible corporate reporting to provide key information that will enable investors to learn in-depth about a company’s operations and performance and make informed decisions.”
As a pioneer in wind power generation in Sri Lanka and one of the first local players in solar power generation, WindForce has continued to invest in viable, eco-friendly, and state-of-the-art renewable energy power plants across the country and has moved its operations to Pakistan, Uganda and Ukraine. WindForce recently unveiled its 29th plant, Solar Universe, which is also the first Agrovoltaic plant in Sri Lanka, and the company is currently in the process of building a 15MW wind power plant in Mannar.
Spearheading the growth of renewable energy in Sri Lanka, WindForce has also diversified into the Electric Vehicles (EV) industry by establishing two new subsidiaries. Satva Automotive Ltd. and Bluesky EV Ltd. were set up to explore opportunities in the local EV space and engage in EV conversions, respectively.
“At WindForce, we are committed to our mission to become the largest contributor to Sri Lanka’s renewable energy, and we look forward to expanding our footprint in the global market with our cutting-edge green technology,” added Perera.
The Central Bank of Sri Lanka today (07) presented its flagship publication, the Annual Economic Review for 2024 (AER 2024), to President and Minister of Finance, Anura Kumara Disanayake, highlighting the steady progress of Sri Lanka’s economic recovery following the country’s most severe downturn in recent history.
The report was officially handed over by Dr. P. Nandalal Weerasinghe, Governor of the Central Bank, during a special ceremony held at the Presidential Secretariat.
AER 2024 comprises four main chapters: Macroeconomic Developments, Conditions of the Financial System, Review of Central Bank’s Policies and Macroeconomic Outlook.
According to the Review, the Sri Lankan economy showed significant signs of recovery in 2024, following the deep economic crisis experienced two years ago. The recovery trajectory, though challenging, has been notably faster than that of many other debt-distressed countries.
Improvements in economic activity, a partial resurgence in purchasing power and reduced uncertainty are among the key positive indicators noted in the report.
The event was attended by Dr. Nandika Sanath Kumanayake, Secretary to the President, K. M. Mahinda Siriwardena, Secretary to the Treasury, Mrs. K. M. A. N. Daulagala, Senior Deputy Governor, Dr. C. Amarasekara, Assistant Governor, Dr. (Mrs.) S. Jegajeevan, Director of Economic Research and Dr. L. R. C. Pathberiya and Additional Director of Economic Research at the Central Bank Dr. V. D. Wickramarachchi.
[PMD]
Business
IceWarp expands into Sri Lanka, fostering European innovation in collaboration with FentonsIT
IceWarp, a global leader in business communication solutions, has officially launched its cutting-edge platform in Sri Lanka, bringing European expertise in email and collaboration solutions to support the country’s evolving business landscape.
This expansion is driven by a strategic partnership with Fentons Information Technology (FIT), the Information Technology arm of Hayleys Fentons Limited.
The grand launch event held at The Kingsbury Colombo on 4th April, 2025, was graced by several distinguished guests, including Chief Guest Mohan Pandithage, Chairman and Chief Executive of Hayleys PLC.
The presence of Adam Paclt, Global CEO of IceWarp, and Pramod Sharda, CEO for India and the Middle East of IceWarp, along with their global team, highlighted the significance of this expansion. Industry experts, government officials, corporate leaders, and CIOs from the banking, financial services and insurance sectors were in attendance as well, reflecting strong local interest in IceWarp’s European expertise.
With this launch, Sri Lankan businesses now have access to an affordable, scalable and secure alternative to Microsoft 365 and Google Workspace. IceWarp’s advanced Collaboration Suite integrates a wide range of tools into a single, unified platform designed to streamline communication and boost productivity. Offering flexible hybrid deployment options and cost-efficient solution, IceWarp enables organisations to optimise their operations without compromising security or functionality.
Eventistry Sports, a trailblazer in innovative sporting events, has unveiled the Sri Lanka Padel League (SLPL), the nation’s first franchise-based padel tournament, set to debut in June 2025. This groundbreaking league promises to redefine Sri Lanka’s sports landscape by creating a dynamic national platform for athletes while fostering unity among fans, brands, and communities.
The SLPL will showcase six franchise teams, each embodying the spirit of iconic Sri Lankan locales: the Colombo Chargers, Yala Rangers, Hikkaduwa Riders, Ella Hawks, Arugambay Vipers, and Trinco Warriors. These teams will not only ignite regional pride but also unite the country through a shared passion for padel—a fast-paced racquet sport merging tennis and squash, played on enclosed courts.
“The SLPL is more than a league; it’s a movement,” declared Karin Wijeratne, Director of Eventistry Sports. “By blending franchise sports with Sri Lanka’s vibrant culture, we’re creating a platform where players gain national recognition, fans rally behind their hometown heroes, and brands engage with communities in meaningful ways.”
The league’s launch on June 21–23, 2025, at Colombo’s Padel House courts (CR&FC) will kick off with three days of high-octane matches, preceded by a star-studded player auction on May 16th at The Vault, Colombo City Centre. Local talent—both professional and intermediate—will be drafted by franchise owners, with international registrations now open to elevate the competition’s global appeal.
Please log in to: www.slpadelleague.com and social media: @SriLankaPadelLeague (Facebook & Instagram) for more information.
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