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Solar power is a relatively young segment in the energy industry of Sri Lanka. As of 2015, only a few grid-connected solar farms were operational, including a state-run facility. Despite at least half a dozen private companies applying for development permits for photovoltaic and solar thermal projects, [ 24 ] most have not actually commenced ...
Location of Sri Lanka. Sri Lanka is an island country located southeast of the Republic of India and northeast of the Maldives.According to the International Monetary Fund, Sri Lanka's GDP in terms of purchasing power parity is second only to the Maldives in the South Asian region in terms of per capita income.
The Board of Investment of Sri Lanka (BoI) (Sinhala: ශ්රී ලංකා ආයෝජන මණ්ඩලය Shri Lanka Ayojana Mandalaya) is the investment promotion agency of Sri Lanka. It was established in 1992, expanding the scope of the Greater Colombo Economic Commission (GCEC) which was formed in 1978. [ 2 ]
Richard Piries Company is the market leader and the pioneer in the tyre Retread industry of Sri Lanka and commands a market share of nearly 60%. In addition to that, it has become the largest Retreader in the whole of South Asia which is a remarkable achievement for a Sri Lankan company.
WSO2 was founded by Sanjiva Weerawarana, Paul Fremantle, and Davanum Srinivas in August 2005, backed by Intel Capital, Toba Capital, and Pacific Controls.Weerawarana [5] was an IBM researcher and a founder of the Web services platform.
LMD 100, dubbed as "Sri Lanka's Fortune 500", annually lists the leading 100 quoted companies in Sri Lanka. Only the top 10 companies are listed below. All revenue figures reported before the financial year ending 2024. [2] [3]
Hutch Sri Lanka operates a GSM/EDGE/HSPA+/4G supported network using 900 / 1800 MHz. In 2012 the company launched HSPA+ services using 2100 MHz [7] The company launched 4G via 1800 MHz B3 from 2018 [8] and 900 MHz B8 from 2019. Hutch demonstrated 5G experience in Sri Lanka on 17 March 2021 with the cooperation of ZTE technologies [9] .
Sri Lanka is pockmarked with many irrigation dams, with its water resource distributed across nearly the entirety of the island for agricultural purposes via artificial canals and streams. Utilization of hydro resources for agricultural production dates back to the pre-Colonial era , with the current crop production now largely dependent on ...