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Siam City Cement (Lanka) officially enters into Memorandum of ...
The much discussed latest electricity tariff debate has taken a controversial turn, with senior power sector officials and independent energy analysts questioning whether opaque fuel pricing mechanisms are artificially inflating the cost of electricity generation while shielding politically sensitive petroleum losses. At the centre of the controversy is the widening gap between diesel pricing and the steep increases imposed on Heavy Fuel Oil (HFO) and naphtha — two fuels heavily used by the Ceylon Electricity Board (CEB)� for thermal power generation. Energy analysts argue that while electricity tariffs are officially calculated on a “cost reflective” basis, the fuel pricing structure feeding into those calculations appears far from transparent. A senior CEB official told The Island Financial Review that the present fuel pricing pattern raises “serious economic and policy concerns.” “The entire electricity tariff framework is built on the assumption that fuel supplied to the power sector reflects actual import costs. But if fuel pricing itself is distorted, then tariff calculations become distorted too,” the official said. According to CEB operational data reviewed by sector analysts, the utility regularly consumes nearly two-and-a-half times more HFO than diesel for thermal generation. Yet recent fuel revisions saw diesel prices rise only marginally — despite allegations that diesel cargoes had been procured at extraordinarily high dollar values. Industry analysts pointed out that diesel imported at around USD 286 per barrel resulted in only about a Rs. 10 domestic price increase, while HFO prices surged by nearly Rs. 42 per litre and naphtha by around Rs. 34 — increases estimated at roughly 25 percent. “This creates the impression that losses on diesel are being absorbed by overpricing HFO and naphtha,” an energy economist said. “If CPC is maintaining artificially low diesel prices for political or inflation management reasons, the burden appears to be transferred to electricity consumers through thermal generation costs.” The analyst noted that because the CEB relies heavily on HFO for regular dispatch operations, even relatively small increases in HFO pricing can translate into billions of rupees in additional annual generation costs. In dollar terms, the implications are substantial. Power sector officials estimate that every major upward revision in HFO pricing adds several billion rupees to annual generation expenditure, particularly during periods...
KPN Cement Lanka (Private) Limited Introduces Groundbreaking Japanese ...
Business In a landmark collaboration, KPN Cement Lanka, in partnership with Taiheiyo Cement Corporation Japan—a global leader in innovative cement technologies—proudly announces the launch of Sri Lanka’s first Japanese Fly Ash Cement. This revolutionary product, branded as TAISHI Cement, merges cutting-edge Japanese engineering with sustainable manufacturing practices, setting a new benchmark for eco-friendly, high-performance construction in Sri Lanka. With over a century of expertise in cement production, Taiheiyo Cement Corporation introduces its world-class fly ash cement technology to Sri Lanka, bolstering the nation’s infrastructure development while championing environmentally responsible construction. This innovation is poised to revolutionize the construction industry by delivering durable, cost-effective, and eco-conscious solutions. Shinji Fukami, Vice President and Director of Global Business Division, Taiheiyo Cement Corporation Japan, remarked; "We are honoured to collaborate with KPN Cement Lanka in introducing our advanced fly ash cement technology to Sri Lanka." Thanveer Siddique, Director of KPN Cement Lanka, added; "This partnership heralds a new chapter for Sri Lanka’s construction sector. By combining Japanese innovation with local expertise, we are delivering a product that meets the highest quality and environmental standards, driving sustainable urban growth." The groundbreaking TAISHI Cement will be available for large-scale infrastructure projects, real estate developments, and government initiatives starting June 2025. Additionally, KPN Cement Lanka and Taiheiyo Cement Japan will jointly spearhead awareness programs to promote sustainable construction practices across the country. Frm Left; Takuya Ono (Concrete Technology Manager – Taiheiyo Singapore), Takayuki Hayakawa (Senior Manager – Taiheiyo Cement Corp), Thanveer Siddique (Director – KPN Cement Lanka), and Samar Gurung (Head of Trading – Aastar Trading / KPN Corp). Comments Still No Comments Posted.
INSEE collaborates with PLEASE project to Reduce Plastic Pollution in ...
About INSEE : Siam City Cement (Lanka) Limited, also known as INSEE Cement, is a member of the Siam City Cement Public Company Limited (SCCC), a leading cement manufacturer in Southeast Asia, founded in 1969 in Thailand.
Governor's Secretariat - Southern Province - sp
The governor's office is the center of administration of the Southern Provincial Council. Under the guidance of the Governor as the Chief Executive of the Province, the Governor's Secretariat is the chief in streamlining the administration of the Ministries,Departments and Institutions of the Province. Our sole aim is to ensure a sustainable and dignified high standard of living for the people ...
