Financial Times

Hotel Sigiriya wins silver award for biomass energy system

 

Hotel Sigiriya was recently awarded the Silver Award by the Promotion of Eco-efficient Productivity Project (PEP) by the Chamber Of Commerce. This initiative on developments in green technology was carried out by Chamber of Commerce with the financial assistance from the Royal Netherlands Embassy.

The project was designed to provide affordable financial support and grants to all companies in the private sector who pursued good environmental and energy conservation practices. While over 100 applications from different sectors in industry were received, only 51 qualified for the support of the project, which included only five hotels, a Serendib Leisure Group press release said.

Under this project Hotel Sigiriya implemented a biomass based energy system based on gasification of gliricidia replacing the fossil fuel boiler for which it received the award. The project resulted in substantial savings in energy costs for the hotel, while also supporting the livelihood of the community through gliricidia planting and purchasing.

Srilal Miththapala, CEO of Serendib Leisure was quoted as saying that the win is one of the more important achievements of Hotel Sigiriya, firstly as the hotel did not apply for the award but only participated in the project and obtained a loan to finance it. Secondly as the evaluation has been done by a totally independent scientific panel.


 
Top to the page  |  E-mail  |  views[1]
 
Other Financial Times Articles
> Richard Peiris’ gets a beating on plantation collapse
> Mind your own business
> JKH cleared: No violation of CCC Code
> The Empire is back
> CDB to change ‘Ceylinco’ name
> Regulation and governance
> NDB Bank shows improved performance in 2008
> Investing in ‘concerned’ companies
> Remittances and impact on development and poverty reduction
> DFCC wins in court
> Third Wave wins govt. tender in Bahrain
> Country specific responses needed to face global recession, say economists
> Listed hotel shares may appreciate in the medium term
> CB –evasion or abetment?
> SLT reports 9% rise in revenue for 2008
> Falling commodity prices affect KVPL bottom line
> MAS partnership to equip rural youth of Sri Lanka
> Bakery owner in innovative energy initiative
> Dankotuwa Porcelain loses major customer
> Udayasri takes over as new SEC Chairman
> SLT successfully deploys IPv6
> F&G grapples with financial crisis
> Greater ethical standards needed in Sri Lanka
> Virtusa woos Sri Lankan businesses, uses Microsoft software
> Lankan shipping expert to address global meeting
> Central Bank releases Rs 9 bln more liquidity
> Cathay Pacific offers cheap family holidays in Bangkok
> Sri Lankan tourists to Malaysia rose in 2008
> Hemas Hospital facilitates international best practices among nurses
> SLT’s Prepaid Card Dealer convention
> Sri Lanka - renewable energy island?
> Hotel Sigiriya wins silver award for biomass energy system
> Exports to drop in 2009 but rupee devaluation no survival ticket
> Kimarli recognised for her contributions to the Banking Sector
> South Asian Textile Mills to list along with four others
> Ceylinco Life sponsors champion sprinter Shehan Ambepitiya
> Sri Lanka lost $200 billion due to terrorism
> Dockyard completes another ship repair

 

 
Reproduction of articles permitted when used without any alterations to contents and a link to the source page.
© Copyright 2008 | Wijeya Newspapers Ltd.Colombo. Sri Lanka. All Rights Reserved.| Site best viewed in IE ver 6.0 @ 1024 x 768 resolution