The offshore Mannar Basin has seen an influx of energy-related activity in the past decade. Since 2007 exploration carried out in Mannar – which is part of the Laccadive Sea and the Indian Ocean – has yielded evidence of considerable oil and gas deposits. As of early 2016, however, commercial production has not yet started, and Sri Lanka...
In a post on Twitter in late November 2015, Sri Lanka’s president, Maithripala Sirisena, wrote, “[Sri Lanka] has great potential to generate renewable energy, and it’s essential that we encourage and inspire investors’ focus towards it.” The statement served to reiterate the government’s commitment to the development of sustainable energy...
In late February and early March 2016 Sri Lanka suffered a series of island-wide power outages, setting off a cascade of automatic shutdowns across the country’s power generation and transmission infrastructure. Some facilities – including the 900-MW Puttalam coal plant in Norochcholai, the largest power plant in the country – were offline for...
In a manifesto released in the run-up to Sri Lanka’s 2015 presidential election, Maithripala Sirisena, the then-presidential candidate for the New Democratic Front party, put energy sector reform at the top of the agenda, noting that “energy constitutes one of the foremost factors deciding the future of the country”. Since winning the election...
One aim of Sri Lanka’s is to attract 2.2m tourists in 2016, an increase of 22% on 2015, according to the Sri Lanka Tourism Development Authority (SLTDA). Achieving this goal will require growth from a handful of key foreign markets, including India, Pakistan and some Gulf countries. Arguably more important than all of these, however, is China...
In early October 2015 the Sri Lanka Tourism Promotions Bureau (SLTPB) announced that the nation planned to make a major investment in cruise tourism, which has been an increasingly important source of visitor arrivals in recent years. The government’s development initiative, known as the Cruise Tourism Marketing Plan, aims to turn the cruise...
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