LTL Holdings aims to replicate success in East Africa, offering a blueprint for foreign investors after a record Initial Public Offering (IPO) in the Colombo Stock Exchange. LTL announced the largest IPO in the history of the Colombo Stock Exchange, at Rs. 20 billion. Explaining the company strategy Nuhuman Marikkar, LTL Holdings CEO in an exclusive interview with timsoneline noted that the company cottoned onto regional plans after Sri Lanka achieved nearly 100 per cent of electrification.
Energy Ministry differs on proposed electricity tariff reduction from today.
The Energy Ministry has decided to go ahead with the PUCSL recommendation of reducing the electricity tariff by an average of 20 per cent, Energy Minister Kumara Jayakody said today.
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