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Ace Horana Power Station
The Ace Horana Power Station was a thermal power station in Horana, Sri Lanka. The plant operated from 2002-2012 similar to that of the Ace Matara Power Station, and utilized four generating units. The plant was decommissioned in 2012 after its 10-year PPA expired. The power station was originally planned to be built in Anuradhapura, but was later changed to Horana due to environmental and religious protests. Constructed over a period of 3 years, the plant cost a total of and via syndicated loans. Participants in the debt component were HNB (US$ 5.00 m), Commercial Bank (US$ 2.00 m), People's Bank (US$ 1.50 m), Bank of Ceylon (US$ 1.25 m), HSBC (US$ 1.25 m), Pan Asia Bank (US$ 0.50 m), and DFCC Bank (Rs. 178 million). The project was developed by Aitken Spence Aitken Spence PLC ( si, එයිට්කින් ස්පෙන්ස්; ta, எய்ட்கின் ஸ்பென்ஸ்) is a Sri Lankan blue chip conglomerate with operations in South Asia, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Megawatt
The watt (symbol: W) is the unit of Power (physics), power or radiant flux in the International System of Units, International System of Units (SI), equal to 1 joule per second or 1 kg⋅m2⋅s−3. It is used to quantification (science), quantify the rate of Energy transformation, energy transfer. The watt is named after James Watt (1736–1819), an 18th-century Scottish people, Scottish invention, inventor, mechanical engineer, and chemist who improved the Newcomen steam engine, Newcomen engine with his own Watt steam engine, steam engine in 1776. Watt's invention was fundamental for the Industrial Revolution. Overview When an object's velocity is held constant at one metre per second against a constant opposing force of one Newton (unit), newton, the rate at which Work (physics), work is done is one watt. : \mathrm In terms of electromagnetism, one watt is the rate at which electrical work is performed when a current of one ampere (A) flows across an electrical potentia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commercial Bank Of Ceylon
Commercial Bank of Ceylon PLC (CBC) also known as ComBank is a licensed commercial bank in Sri Lanka and its ownership is private. It was incorporated as a public limited company and it is listed on the Colombo Stock Exchange. It is regarded as the largest private bank in Sri Lanka in terms of net worth and capital. The bank is currently the third largest bank in Sri Lanka in terms of total net assets and it lies behind only Bank of Ceylon and People's Bank (both are state commercial banks). It is also the only private sector licensed bank in Sri Lanka to be designated as the higher-tier domestic systemically important bank according to the Central Bank of Sri Lanka. The bank currently operates a network of 268 branches and around 932 ATM machines across Sri Lanka. It became the first Sri Lankan bank to be listed in among the top 1000 banks in the world according to ''The Banker'' when it achieved the feat for the first time in 2008. Commercial Bank has also been ranked am ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Power Stations In Sri Lanka
Sri Lanka's electricity demand is currently met by nine thermal power stations, fifteen large hydroelectric power stations, and fifteen wind farms, with a smaller share from small hydro facilities and other renewables such as solar. Most hydroelectric and thermal/fossil fuel–based power stations in the country are owned and/or operated by the government via the state-run Ceylon Electricity Board (CEB), while the renewable energy sector consists mostly of privately run plants operating on a power purchase agreement with the CEB. Per CEB's 2016 generation report released in mid-2017, the country has a total combined installed generation capacity of , of which 2,115 MW (52.65%) was from thermal (900 MW/22.40% from coal and 1,215 MW/30.25% from fuel oil), 1,726 MW (42.97%) from hydroelectricity, and the remaining 176 MW (4.38%) from other renewable sources such as wind, biomass, and solar. These generation sources produced a total of of electricity during ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Embilipitiya Power Station
The Ace Embilipitiya Power Station (also sometimes referred to as the Embilipitiya Power Station) is a thermal power station in Embilipitiya, Sri Lanka. The heavy fuel oil-run power station was commissioned in March 2005, and was operated by Aitken Spence Aitken Spence PLC ( si, එයිට්කින් ස්පෙන්ස්; ta, எய்ட்கின் ஸ்பென்ஸ்) is a Sri Lankan blue chip conglomerate with operations in South Asia, the Middle East, Africa and the Pacif ... (sometimes shortened to ''Ace''). The power station consisted of fourteen generation units of each, which consumed approximately of fuel oil per day. The Ministry of Power and Energy discontinued purchasing power from the private power station after its license expired in 2015, and hence was subsequently decommissioned. In March 2016 Ceylon Electricity Board decided to recommission the plant due to high electricity demand in the country. The facility cost approximately ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CDC Group
British International Investment, (formerly CDC Group plc, Commonwealth Development Corporation, and Colonial Development Corporation) is the development finance institution of the UK government. The Foreign, Commonwealth and Development Office is responsible for the organisation, and is the sole shareholder. It has an investment portfolio valued around US$7.1 billion (year-end 2020) and since 2011 is focused on the emerging markets of South Asia and Africa. History Formation The original Colonial Development Corporation was established as a statutory corporation in 1948 by Clement Attlee's post-war Labour government, to assist British colonies in the development of agriculture. Following the independence of many colonies, it was renamed the Commonwealth Development Corporation in 1963 and was permitted to invest outside the Commonwealth in 1969. As part of the Commonwealth Development Corporation Act 1999, CDC was converted from a statutory corporation to a public lim ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aitken Spence
Aitken Spence PLC ( si, එයිට්කින් ස්පෙන්ස්; ta, எய்ட்கின் ஸ்பென்ஸ்) is a Sri Lankan blue chip conglomerate with operations in South Asia, the Middle East, Africa and the Pacific. Listed in the Colombo Stock Exchange since 1983, it has major interests in hotels, travel, maritime services and logistics. The group also has a significant presence in printing, plantations, power generation, financial services, IT Business Process Outsourcing/ Knowledge Process Outsourcing sector, elevator agency services, garments, and property development. Aitken Spence has been recognised by Forbes as one of the most successful publicly traded companies with annual sales under US$1 billion outside of the United States, for three consecutive years. In 2012, 2017, 2018 and 2019 Aitken Spence was adjudged the top winner of the Best Corporate Citizen Sustainability Award presented by the Ceylon Chamber of Commerce. The company is one ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
DFCC Bank
DFCC Bank was set up in 1955 as Sri Lanka's a pioneer development finance institution on the recommendation of the World Bank and is one of the oldest development banks in Asia. In October 2015, DFCC Bank and its 99% owned subsidiary, DFCC Vardhana Bank amalgamated. DFCC Bank is now a Licensed Commercial Bank offering a range of development banking and commercial banking products and services. Subsidiary companies *DFCC Consulting (Pvt) Limited *Lanka Industrial Estates Limited *Synapsys Limited *Acuity Partners (Pvt) Limited *National Asset Management Limited See also * List of banks in Sri Lanka This is a list of banks in Sri Lanka. Central Bank *Central Bank of Sri Lanka Licensed Commercial Banks # Amana Bank #Bank of Ceylon #Bank of China # Cargills Bank #Citibank #Commercial Bank of Ceylon #Deutsche Bank #DFCC Bank # Habib Bank #Ha ... References Banks of Sri Lanka Banks established in 1955 1955 establishments in Ceylon Companies listed on the Colombo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pan Asia Banking Corporation
Pan Asia Banking Corporation is a public limited company incorporated in Sri Lanka Sri Lanka (, ; si, ශ්රී ලංකා, Śrī Laṅkā, translit-std=ISO (); ta, இலங்கை, Ilaṅkai, translit-std=ISO ()), formerly known as Ceylon and officially the Democratic Socialist Republic of Sri Lanka, is an .... The Company currently has 85 branches across Sri Lanka.A Public Limited Liability Company incorporated in Sri Lanka on 6 March 1995 under the Companies Act No.17 of 1982 and re-registered under the Companies Act No.07 of 2007. A licensed commercial bank under the banking Act No.30 of 1988 and listed in the Colombo Stock Exchange. PABC's major shareholder is Dhammika Perera. Fitch Rating BBB- (lka) - Outlook 'Stable' References Pan Asia Banklauded by Bangladesh central bank for preventing world’s largest bank heistPan Asia Bankstrengthens its digital banking offerings with a new enhanced internet banking platform External links Official web ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HSBC
HSBC Holdings plc is a British multinational universal bank and financial services holding company. It is the largest bank in Europe by total assets ahead of BNP Paribas, with US$2.953 trillion as of December 2021. In 2021, HSBC had $10.8 trillion in assets under custody (AUC) and $4.9 trillion in assets under administration (AUA), respectively. HSBC traces its origin to a hong in British Hong Kong, and its present form was established in London by the Hongkong and Shanghai Banking Corporation to act as a new group holding company in 1991; its name derives from that company's initials. The Hongkong and Shanghai Banking Corporation opened branches in Shanghai in 1865 and was first formally incorporated in 1866. HSBC has offices in 64 countries and territories across Africa, Asia, Oceania, Europe, North America, and South America, serving around 40 million customers. As of 2022, it was ranked no. 38 in the world in the Forbes rankings of large companies ranked by sales, profits ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Ceylon
Bank of Ceylon (BOC; Sinhala: ලංකා බැංකුව ''Lanka Bænkuwa'', Tamil: இலங்கை வங்கி ''Ilangai Vangi'') is a state-owned, major commercial bank in Sri Lanka. Its head office is located in an iconic cylindrical building in Colombo. The bank has a network of 628 branches, 689 automated teller machines (ATMs), 123 CDM network, and 15 regional loan centres within the country. It also has an around-the-clock call centre and an around the clock branch at its Colombo office. In addition to the local presence, the bank maintains an off-shore banking unit in the head office in Colombo, three branches in Malé, Chennai, and Seychelles, and a subsidiary in London. History Bank of Ceylon (BOC) was founded in 1939, with Sir Ernest de Silva as its first chairman. At the time, Ceylon was a British colony and the then governor Sir Andrew Caldecott ceremoniously opened the bank on 1 August. The British government introduced the banking arm for its g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
People's Bank (Sri Lanka)
People's Bank is a state-owned commercial bank in Sri Lanka. The second largest commercial bank in Sri Lanka. Established on 1 July 1961, it has its head-offices at Sir Chittampalam A. Gardiner Street in Colombo. The bank offer both retail and corporate banking services, with a network of 739 local branches, service centers and has an asset base of LKR 1.873 trillion (2019) with over 14 million customers. (70% local customers) People's Bank received a high national long-Term Rating of AA+ by Fitch Rating. People's Bank most awarded state-owned company such as "Green Plus" "Carbon Conscious Award". People's Bank became Sri Lanka's best performing bank. Bank mainly targets small and medium enterprise. History People's Bank was inaugurated on 1 July 1961, by T. B. Ilangaratne, Minister of Commerce, Trade, Food, and Shipping. The first branch was opened on Duke Street, Colombo. Expansion in Colombo T.B. Ilangaratne presented new banking soon after 1961 regulations in Colombo t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
