PWC News
Tuesday, March 17, 2026
No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
No Result
View All Result
PWC News
No Result
View All Result

Sri Lanka to spend Rs 2.5bn to save Beira Lake | EconomyNext

Home Economy
Share on FacebookShare on Twitter


ECONOMYNEXT – The poisonous waters of Beira Lake, in Sri Lanka’s capital Colombo are to be handled underneath an bold 2.5 billion rupee plan aimed toward making it safer for swimming and different water sports activities, authorities introduced immediately.

An official heading a process power to scrub up the extremely polluted, colonial-era, man-made lake mentioned many of the 192 unlawful uncooked sewage dumping factors which was blamed at one time for its foul smelling water, have been closed, and motion is being taken towards these discharging pollution into the long-lasting waterbody.

Chatura Kahadawaarachchi, Chairman of the Western Province Waste Administration Authority, mentioned dredging of the lake would start inside about three months, alongside the set up of water fountains and aerators to enhance oxygen ranges and permit inland fish species to thrive once more.

Kahadawaarachchi was talking on the sidelines of a ceremony in Colombo immediately to launch an HSBC-sponsored initiative to clear plastic waste and different floating natural particles from the lake.

The HSBC is offering funding for 2 solar-powered boats that will probably be deployed for the clear up for a three-year interval.

HSBC’s Sri Lanka chief Mark Surgenor mentioned they may even help Sri Lanka’s cleaner waterways initiative with technical experience from comparable ventures in Hong Kong.

“We now have dedicated to help the Beira Lake Restoration Activity power not simply with the much-needed funding, but in addition bringing finest practices via our expertise with comparable initiatives in different markets that we function in,” Surgenor instructed reporters at a ceremony attended by Western Province Governor Hanif Yoosuf.

The boats have a capability of clearing about 3,000 kilos of waste every day. The boats are battery powered and charged with a roof-top photo voltaic panel.

Requested concerning the present threat to folks coming into contact with Beira Lake, Kahadawaarachchi mentioned: “It’s at orange, (a notch under pink), however what we need to do is make it safer for folks.”

Among the many largest polluters of the lake has been the state itself. The principle untreated sewage discharge pipes resulting in the Indian Ocean had been leaking at three factors over the lake, contributing to the extreme stench that drove many residents from their flats at Cinnamon Life.

Kahadawaarachchi mentioned the leaking sewage line close to Cinnamon Life has now been repaired, whereas two others elsewhere are being attended to. (Colombo/Jan19/2026)



Source link

Tags: 2.5bnBeiraEconomyNextLakeLankaSavespendSri
Previous Post

Trump just broke from his tariff threat playbook for the first time causing Bitcoin to miss Sunday night relief rally

Next Post

Trump’s Economy at One Year: Food Prices, Stock Market and More

Related Posts

Pensioners’ demands echoed: Parliamentary panel seeks hike in minimum EPS payout, say Rs 1000 insufficient
Economy

Pensioners’ demands echoed: Parliamentary panel seeks hike in minimum EPS payout, say Rs 1000 insufficient

March 17, 2026
Reeves vows UK will ‘beat G7 at AI’ as she searches for growth agenda
Economy

Reeves vows UK will ‘beat G7 at AI’ as she searches for growth agenda

March 17, 2026
Gas prices near  in these 5 states
Economy

Gas prices near $4 in these 5 states

March 16, 2026
Bank of Canada expected to hold interest rates as nation faces trade uncertainty, global conflict
Economy

Bank of Canada expected to hold interest rates as nation faces trade uncertainty, global conflict

March 16, 2026
Sri Lanka stocks down 2.22 percent, S&P SL20 falls below 6,000 | EconomyNext
Economy

Sri Lanka stocks down 2.22 percent, S&P SL20 falls below 6,000 | EconomyNext

March 16, 2026
Oscars 2026: Is any Indian film nominated this year? Check details
Economy

Oscars 2026: Is any Indian film nominated this year? Check details

March 15, 2026
Next Post
Trump’s Economy at One Year: Food Prices, Stock Market and More

Trump’s Economy at One Year: Food Prices, Stock Market and More

Hot Mobile accepts NIS 1.88b Delek Israel bid

Hot Mobile accepts NIS 1.88b Delek Israel bid

U.S. Secretary of War Hegseth Pledges to “Sledgehammer” Small Business Assistance Program Calling it Government’s “Oldest DEI Program” – ESG Today

U.S. Secretary of War Hegseth Pledges to “Sledgehammer” Small Business Assistance Program Calling it Government’s “Oldest DEI Program” - ESG Today

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

What is Channel Management? The 2026 Guide to Scaling Indirect Sales
Market Analysis

What is Channel Management? The 2026 Guide to Scaling Indirect Sales

by PWC
March 12, 2026
0

In keeping with latest {industry} benchmarks, 64% of producers nonetheless depend on handbook spreadsheets for channel administration, resulting in a...

Opinion: Why Canada’s push for patents isn’t enough to win the IP war  

Opinion: Why Canada’s push for patents isn’t enough to win the IP war  

March 12, 2026
Lobster buffet: China’s tech firms feast on OpenClaw as companies race to deploy AI agents

Lobster buffet: China’s tech firms feast on OpenClaw as companies race to deploy AI agents

March 12, 2026
Central Banks Are Trying to Get Back Into the Spotlight | Investing.com

Central Banks Are Trying to Get Back Into the Spotlight | Investing.com

March 17, 2026
Week in Focus: US–China Talks, Nvidia GTC, and Global Central Banks Take the Stage | Investing.com

Week in Focus: US–China Talks, Nvidia GTC, and Global Central Banks Take the Stage | Investing.com

March 14, 2026
Trump says countries may send warships to keep Strait of Hormuz open

Trump says countries may send warships to keep Strait of Hormuz open

March 14, 2026
PWC News

Copyright © 2024 PWC.

Your Trusted Source for ESG, Corporate, and Financial Insights

  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis

Copyright © 2024 PWC.