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Economy

Battery storage systems to join national grid in September

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Commercial-scale battery energy storage systems being installed at 16 electricity transmission substations across Sri Lanka are expected to be connected to the national grid in early September.

The systems, which were brought into Sri Lanka through the Colombo Port in three stages during May and June, are currently in the final stages of construction.

The project being implemented by WindForce PLC near the Anuradhapura substation is now around 85% complete.

The battery systems will store excess electricity generated by solar power plants during the daytime and release the stored electricity to the national grid at night when required.

Officials said the system would help maintain the stability of the national grid while reducing the need to generate electricity from diesel power plants during nighttime hours.

Each battery energy storage project will have a capacity of 10 MW. The National System Operator Ltd. (NSO), operating under the Ministry of Energy, will be responsible for managing and controlling the systems, while their maintenance will be handled by the respective companies.

Economy

Delft Island to become Sri Lanka’s first zero emission eco‑tourism destination

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The Government of Sri Lanka has unveiled plans to transform Delft Island into the country’s first Zero Emission eco‑tourism destination, with a strong emphasis on sustainability, environmental conservation, and the preservation of its unique natural and cultural heritage.

A special site inspection and stakeholder discussion on the proposed development was held under the leadership of Deputy Minister of Tourism Ruwan Ranasinghe recently. 

The island, renowned for its Dutch‑era ruins, numerous archaeological landmarks, and iconic wild horses, is seen as possessing exceptional tourism potential.

Deputy Minister Ranasinghe told participants that Delft Island should be experienced not only by international visitors but also by domestic tourists. Despite its extraordinary attractions, he noted, the island has so far made only a limited contribution to Sri Lanka’s tourism industry. 

He emphasized the Government’s commitment to unlocking Delft’s full potential through sustainable and environmentally responsible development. 

Discussions focused on identifying priority infrastructure to position Delft Island as a premier tourism destination, with key areas including water supply, road infrastructure, transportation and accessibility. Strengthening community participation was also highlighted, with plans to enhance the knowledge and hospitality skills of local residents to enable them to benefit directly from tourism development.

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Economy

Sri Lanka’s official reserves rise to US$ 6.59 billion in July

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Sri Lanka’s gross official reserves increased to US$ 6.591 billion in July 2026, according to the latest data released by the Central Bank of Sri Lanka (CBSL).

Official reserves stood at US$ 6.458 billion in June, indicating an increase of US$ 133 million during July.

This represents an increase of approximately 2.1% compared with the previous month.

Meanwhile, Sri Lanka’s gold reserves also recorded a marginal increase during the month.

Gold reserves rose by US$ 1 million, from US$ 191 million in June to US$ 192 million in July, according to the Central Bank data.

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Economy

Rumesh Tharanga rises to World No. 1 in Javelin Throw rankings

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Javelin champion Rumesh Tharanga Pathirage has reached the number one position in the world rankings for the men’s javelin throw event, marking a historic achievement for Sri Lankan athletics.

Tharanga’s rise to the top of the global rankings follows a series of impressive performances at international competitions, further strengthening his position among the world’s leading javelin throw athletes.

Rumesh Tharanga produced a remarkable performance to win the javelin throw gold medal with an outstanding effort of 89.75 metres at the recently concluded 2026 Commonwealth Games in Scotland.

Following his victory, Tharanaga has gained a score of 1,354 to top the world rankings in the latest update.

Julian Weber of Germany with a score of 1,348 dropped down to the second spot while Anderson Peters of Grenada remains third in the javelin world rankings.

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