Bharti Airtel Lanka (Airtel Lanka) has reportedly announced that the Telecommunications Regulatory Commission of Sri Lanka (TRCSL) has allocated 5MHz of the 900MHz spectrum band to the company.
The Asian Development Bank (ADB) and the government of Sri Lanka have reportedly signed a US$ 150 million Tranche 2 Loan Agreement for the Second Integrated Road Investment Programme.
Sunshine Energy (Pvt) Ltd of Sri Lanka, which is a fully-owned subsidiary of Sri Lanka’s diversified conglomerate Sunshine Holdings, has reportedly opened its third hydropower plant Elgin recently in the Lindula Region.
Taj Lanka Hotels (TAJ) of Sri Lanka has reportedly recorded a robust revenue growth for the quarter ended September 2019. TAJ is a listed company in the Colombo Stock Exchange (CSE).
The government of Sri Lanka has decided to permit the state operated Ceylon Electricity Board (CEB) to purchase power from a small solar power plant at Rs. 14.24 a unit, under build own operate (BOO) basis.