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HNB partners George Steuart Solution to expand solar energy access in ...
HNB PLC, has entered into a strategic partnership with George Steuart Solution Pvt Ltd, to expand access to solar energy solutions across Sri Lanka. Formalised through a Memorandum of Understanding, the collaboration focuses on supporting both domestic and Commercial and Industrial segments that obtain financing through HNB.The partnership highlights a shared commitment to promote sustainable energy adoption while supporting customers with reliable and efficient solutions. Customers will gain access to dependable solar power systems delivered by George Steuart Solution supported by secure and convenient financing facilities from HNB.Under this initiative, financing for domestic solar installations will be available from LKR 500,000 to LKR 7,000,000. Funding for Commercial and Industrial solar projects will be structured based on project scale and specific customer requirements, ensuring flexibility and relevance across a wide range of applications.The loan facilities will offer repayment periods of up to seven years, supported by attractive interest rates that vary according to the selected tenor. This approach is designed to make the transition to renewable energy practical and accessible for households, businesses, and industrial users across the country.The collaboration aligns with Sri Lanka’s national energy priorities, including the target of generating 70 percent of electricity from renewable sources by 2030 and achieving carbon net zero emissions by 2050. It reflects the continued commitment of both organisations to environmental responsibility and long-term sustainability, while contributing to a cleaner and more resilient energy future for the nation.The agreement was signed at the HNB Head Office in the presence of senior representatives from both organisations. HNB was represented by Kanchana Karunagama, Senior Vice President/Head of Retail Banking, Susith Perera, Vice President Personal Financial Services, and Asitha Fernando, Manager Personal Financial Services. George Steuart Solution Pvt Ltd was represented by Manoj Pilimatalawwe, Director, Rohan Wasantha, General Manager, and Thisara Tharanga, Finance Manager.
Vietnamese leader hopes for stronger ties with Sri Lanka's Hayleys PLC
General Secretary of the Communist Party of Việt Nam Central Committee and President of Việt Nam Tô Lâm (right) meets with Chairman and Chief Executive Officer of Sri Lanka’s top diversified conglomerate Hayleys PLC in Colombo on Friday. — VNA/VNS Photo COLOMBO — General Secretary of the Communist Party of Việt Nam Central Committee and President of Việt Nam Tô Lâm received Mohan Pandithage, Chairman and Chief Executive Officer of Sri Lanka’s top diversified conglomerate Hayleys PLC in Colombo on Friday.The visiting leader stressed that Việt Nam attaches importance to strengthening friendly and cooperative relations with Sri Lanka, in which economic–trade cooperation and business connectivity are among the key pillars. He noted that the meeting carried significance in promoting economic partnerships, particularly in the fields of aviation, tourism and trade.Speaking highly of Hayleys as one of Sri Lanka’s leading conglomerates with extensive experience and strong reputation across multiple sectors, Party General Secretary and President Lâm said that given the complementarity of the two economies and their substantial room for growth, Việt Nam wishes to enhance cooperation with major Sri Lankan enterprises, especially those with regional market networks and connectivity capabilities such as Hayleys.He suggested that Hayleys should go beyond trading activities and move towards building sustainable connectivity channels, serving as a bridge to help Vietnamese enterprises access distribution systems, logistics networks and customers in Sri Lanka.The Party and State leader encouraged Hayleys to continue exploring investment opportunities in sectors aligned with both the group’s strengths and Việt Nam’s development needs, including aviation, tourism and logistics while developing value chains in agriculture, raw materials and deep processing industries.Party General Secretary and President Lâm also welcomed the company’s proposal for cooperation in agriculture and processing, including the development of coconut value chains and processed products.For his part, Pandithage affirmed Hayleys’ strong interest in the Vietnamese market.He proposed leveraging the group’s role in promoting bilateral aviation, tourism and trade ties while exploring investment cooperation opportunities in complementary sectors such as agriculture, processing and distribution. — VNA/VNS
HNB Finance and Hayleys Mobility partner to strengthen Sri Lanka's ...
HNB Finance PLC has entered into a strategic partnership with Hayleys Mobility Limited, the mobility arm of Hayleys Fentons Limited to support the expansion of Sri Lanka's New Energy Vehicle (NEV) market through accessible, practical, and customer-focused financing solutions. The partnership was announced on 26 January 2026 in Colombo and is intended to promote wider adoption of electric ...
Rs. 10B in unpaid dues threatens Sri Lanka's renewable energy industry ...
The Federation of Renewable Energy Developers (FRED), the apex body of renewable energy developers in Sri Lanka and an associate of the Colombo Chamber of Commerce (CCC), warns that unless the Government steps in to resolve the financial crisis the industry is in due to the payment defaults by the National System Operator (Pvt) Limited (NSO), the domestic renewable energy sector faces a ...
