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Preparing for the new era of Port City

By Jehan Perera The debate over Colombo Port City will not end with the passage of the law, which will govern the new territory reclaimed from the sea through Chinese investment, technology and negotiations skills. The dream holds out billions of dollars of foreign investment that will be pumped into the national economy and a fast track to development.  The Bill was passed last week into law even as the country prepared for emergency lockdown in the face of the rampaging Covid that has now even infected the Leader of the Opposition and his wife and compelled several parliamentarians to go into quarantine.  The vote was 149 in favour with just 58 against, a large majority, but still less than the 2/3 majority needed to permit the enactment of laws that are inconsistent with the constitution. 

Agriculture and misinformation pandemic

Gotabaya Rajapaksa Your Excellency, Your recent endeavor to ‘rush’ the country from conventional farming to total organic farming, compelled me to write this letter to give a balanced view of the issues at stake. I should on the outset say that no well – informed agricultural scientists is against organic agriculture knowing the benefits of organic matter in the improvement of the physical, chemical and microbial properties of the soil which are critically important for sustained and productive crop production. However, the large majority of them are concerned about the possible negative consequence of substantially decreased productivity, leading even to hunger and starvation, if the mission is not based on achievable goals.

Public urged to refrain from using plastic, polythene for Vesak decorations

Public urged to refrain from using plastic, polythene for Vesak decorations
dailynews.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailynews.lk Daily Mail and Mail on Sunday newspapers.

Twenty-five years of private sector-led renewable energy development

by Dr Tilak Siyambalapitiya A policy change in 1995 to allow private investments in electricity generation into the grid, a standard agreement and a standard price for electricity produced, enabled such investments to pick-up faster than in other countries. The first mini-hydro power project with entirely private sector funding and private ownership commenced operations in May 1996.   The agreement and the price Dubbed the “most investor friendly agreement in the world”, Sri Lanka’s renewable energy developers were offered, since 1996, a non-negotiable 15-year agreement (20-years for projects signed after 2008). The agreement says, literally, “I will buy all your electricity produced for the next 15 years, any day any time; I will not penalize you for delays in your project or for not producing electricity at all or producing less electricity than you promised; I will not ask you to start or stop your power plant”. There is no other agreement in the business world 25

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