Try GOLD - Free

EFL delivers seamless logistics for Richardson Serendib 5 MW solar power plant

Daily FT

|

September 13, 2025

EXPO Lanka Freight Ltd., (EFL) Project Division, has been the logistics partner for the Richardson Serendib 5 MW Solar Power Plant in Hiripitiya, Kurunegala, a landmark project that strengthens Sri Lanka’s renewable energy portfolio.

EFL delivers seamless logistics for Richardson Serendib 5 MW solar power plant

This project falls under the category of establishing a renewable energy generation facility with an installed capacity of 5 MW, which exceeds 1 MW, thereby meeting the minimum power generation capacity requirements specified in Gazette Notification No. 2083/33 dated 10 Aug 2018. This compliance also made the project eligible for the Bonded Warehouse Facility scheme, a critical enabler that ensured smart import handling and an efficient project facilitation process.

From the outset, Project Division played a central role in securing the necessary regulatory and procedural approvals after Richarsdon’s Finance Ministry’s endorsement letter, together with the A2 form process, streamlined documentation requirements, while Customs Bonding approval empowered us to implement a fast-track bonded warehouse process. These measures helped our client avoid costly port delays and demurrages, ensuring that equipment moves directly to the project site without unnecessary interruptions.

MORE STORIES FROM Daily FT

Daily FT

Global tourism giant Minor urges Sri Lanka to shift from price to value

Delivering keynote at CA Sri Lanka's 46th National Conference, Minor International Group CEO Dillip Rajakarier says Sri Lanka must move beyond discount-led tourism and invest in service and brand building, Warns that low prices erode GDP gains, calls for seamless infrastructure and skilled workforce

time to read

2 mins

October 09, 2025

Daily FT

Human + Al the next frontier in cyber defence

Experts at Daily FT-CICRA 11th annual Cyber Security Summit discuss how the human-Al alliance will redefine speed, precision, and judgment in cybersecurity

time to read

6 mins

October 09, 2025

Daily FT

Daily FT

Govt. says those who attempt to discredit CIABOC have vested interests

Cabinet Spokesman and Mass Media Minister Dr. Nalinda Jayatissa defends appointment of Ranga

time to read

2 mins

October 09, 2025

Daily FT

OPA urges focused reforms in Budget 2026 to drive stability, growth and equity

Calls for National Investment Facilitation Authority and Digital Land Bank to attract FDI

time to read

5 mins

October 09, 2025

Daily FT

CSE trading from Disaster Recovery site tomorrow

THE Colombo Stock Exchange (CSE) is to conduct a planned full day of trading from the Disaster Recovery site using the Automated Trading System Disaster Recovery Solution tomorrow (10).

time to read

1 min

October 09, 2025

Daily FT

Bank of Ceylon expands reach with 50 new ‘BOC Connect’ service centres

THE Bank of Ceylon (BOC), the nation’s leading financial institution, further strengthened its customer service network with the launch of 50 new ‘BOC Connect’ Agent banking service centres across the country.

time to read

2 mins

October 09, 2025

Daily FT

Sarvodaya Finance Rs. 2 b debenture issue snapped up on opening day

SARVODAYA Development Finance PLC's (SDF) Rs. 2 billion listed debenture issue wa snapped up on its opening day yesterday.

time to read

1 min

October 09, 2025

Daily FT

AllB provides $ 52 m to strengthen power transmission, renewable energy growth

THE Asian Infrastructure Investment Bank (AIIB) and the Government of Sri Lanka have signed a loan agreement for the Kerawalapitiya-Port L Second Transmission Line Project, under which AllB will provide $ 52 million in sovereign-backed financing to help Sri Lanka unlock its renewable energy potential and advance sustainable development.

time to read

1 mins

October 09, 2025

Daily FT

Daily FT

Matheesha and Lidiya crowned champs at Sri Lanka Badminton Novices in Ratnapura

MATHEESHA Perera and Lidiya Fonseka were crowned champions at the Sri Lanka Badminton Novices Championship 2025 which concluded on Thursday 2 October at the Deshabandhu Lt. Col. W. Wimaladasa Indoor Stadium in Kuruwita, Ratnapura.

time to read

3 mins

October 09, 2025

Daily FT

Sri Lanka charts bold AI future as inaugural National AI Expo & Conference 2025 concludes

Signals nation's rise as South Asian tech and innovation hub

time to read

2 mins

October 09, 2025

Listen

Translate

Share

-
+

Change font size