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    Tag:Transparency

    Lanka Wind Energy Dispute: Adani Offers to Proceed on Original Terms; Sri Lanka Insists on Price Revision

    Whether the two parties can bridge the gap and reach a mutually acceptable agreement remains to be seen. The Sri Lankan government's insistence on price revision and Adani’s re-affirmation of the initial terms, clearly sets the stage for a tense negotiation period.

    Adani Green Energy Withdraws from $1 Billion Wind Power Project in Sri Lanka

    There has been a raging debate in Sri Lanka on the deal, citing it as an expensive deal. The earlier government had agreed to purchase power from Adani’s 484-megawatt wind power project at a rate of 8.26 US cents per unit under a 20-year power purchase agreement.

    Bangladesh: Foreign Grants for Development Projects Mostly Misdirected

    Officials said that development partners reduced grants for infrastructure projects following Bangladesh's graduation from Lower- Income Countries (LIC) status to Lower Middle- Income Country (LMIC) in 2013.

    BNP Calls for Transparency in Power Contracts Signed During Awami League Rule

    Speaking at a press conference, BNP standing committee member and former state minister for power Iqbal Hasan Mahmud Tuku emphasised the need for transparency.

    e-SAKSHI Mobile Application Launched for Revised MPLAD Fund Flow Procedure

    The launching of e-SAKSHI mobile application for MPs under the MPLAD scheme will bring forth a myriad of benefits, revolutionizing the way they engage...

    Yesterday’s Cronies Turn Against Rajpaksas – Top Sri Lankan Businesses Stand By Protestors, Call for Solutions, Stability

    How times change! Sri Lanka’s big business houses, that hitherto took a moral high apolitical ground, are now speaking for change. Even those alleged...

    An Angel’s Kiss in Spring: Imran Khan, wife paid 38 million to retain foreign gifts worth crores

    A new set of documents obtained by OWSA reveal that former Pakistan Prime Minister, Imran Khan, and his spouse, Bushra Bibi, have retained gifts...

    WHO Recommends Successful COVID-19 Therapy; Calls For Wide Geographical Distribution and Transparency from Originator

    In a news release to the media, the WHO has strongly recommended antiviral drugs for patients with non-severe COVID-19. It says that the combination...

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    War, huh, Yeah, What is it Good For?

    One should, nevertheless, keep in mind that war is horrific. It is most often not the answer. When it is, it is always the very last resort after all other means to resolve adverse situations have been well and truly exhausted.
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    World Bank Unveils $1 Billion Package to Spur Jobs and Private Sector Growth in Sri Lanka

    Tourism, one of Sri Lanka’s key economic drivers, is set to receive $200 million. These funds will be used to protect and enhance natural and cultural heritage sites, create employment opportunities, and ensure local communities benefit directly from tourism revenues.

    UN Secretary-General Urges Military restraint from India, Pakistan

    He offered his good offices to both governments to help defuse tensions and promote diplomacy, stressing that “a military solution is no solution.”

    Must read

    War, huh, Yeah, What is it Good For?

    One should, nevertheless, keep in mind that war is horrific. It is most often not the answer. When it is, it is always the very last resort after all other means to resolve adverse situations have been well and truly exhausted.

    World Bank Unveils $1 Billion Package to Spur Jobs and Private Sector Growth in Sri Lanka

    Tourism, one of Sri Lanka’s key economic drivers, is set to receive $200 million. These funds will be used to protect and enhance natural and cultural heritage sites, create employment opportunities, and ensure local communities benefit directly from tourism revenues.