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Sri Lanka News

ITC invests close to ₹3,000 crore in Welcomhotels Sri Lanka.

ITC Ltd, which recently announced the demerger of its hotels business, has made an equity investment of about ₹3,000 crore in Welcomhotels Lanka Pvt Ltd with the latest investment of... Full Story

Leading Indian IT company HCL sets up 1st development centre in Sri Lanka.

India's leading IT company HCL has set up its first development centre in Sri Lanka, the Indian High Commission here said recently. Prime Minister Mahinda... Full Story

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Sinohydro bags $252.3 million reservoir project

Sri Lanka has awarded a $252.3 million project to Chinese dam builder Sinohydro to construct a reservoir. The cabinet granted approval... Full Story

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LATEST HEADLINES FROM MIDDLE EAST AND NORTH AFRICA

First Phase of CWIT Expected to Commence Operations by December 2024, Says Karan Adani
Karan Adani, the Whole Time Director and CEO of Adani Ports and Special Economic Zone (APSEZ), has announced that the first phase of the Colombo... Full Story
Ircon International signs contract with Sri Lanka Railways, Ministry of Transport, Sri Lanka.
Ircon International Limited has executed the contract agreement with Sri Lanka Railways, Ministry of Transport, Sri Lanka for the work of procurement of Design, Installation,... Full Story
IRCON International Ltd. commissions 1st phase of upgradation of railway line Maho to Omanthai, Sri Lanka.
IRCON International Ltd. has announced that First Phase of 48.5 KMs. (Anuradhapura to Vavuniya) upgradation of 128 KMs. Railway Line from Maho to Omanthai Track... Full Story
Sri Lanka okays two Adani Group power plants with investment over $400 mn.
Struggling to generate power amid the ongoing financial crisis, Sri Lanka has given the go-ahead to two wind power plants by India's Adani Group, an investment amounting to more... Full Story
Ashok Leyland to supply 500 buses to Sri Lanka.
Leading truck and bus maker Ashok Leyland has bagged an order from Sri Lankan Transport Board (SLTB) to supply 500 32-seater buses. The order is a part of a Line... Full Story
Ircon Intl gains on bagging order from Sri Lanka Railways.
Ircon International rose 1.39% to Rs. 65.75 after the company said it has won an order for signalling and telecommunication system from Sri Lanka Railways. Ircon... Full Story
Adani to build plants in SL, active Indian firms near 1.5 mn.
After decades of relative obscurity as an autonomous body of the Department of Telecommunications, the Centre for Development of Telematics (C-DOT) has emerged as the... Full Story
Adani Ports to develop West Container Terminal at Colombo Port.
Adani Ports and Special Economic Zone Ltd. (APSEZ) will develop the West Container Terminal (WCT) at Colombo Port after the Sri Lankan cabinet recently approved the... Full Story