Friday Nov 15, 2024
Friday Nov 15, 2024
Wednesday, 29 September 2021 00:00 - - {{hitsCtrl.values.hits}}
Representatives of Ceylinco Life’s management and branch staff at the foundation stone laying ceremony and an artist’s impression of the new building to be constructed
Ceylinco Life has laid the foundation for a new eco-friendly branch building in Matale that will be constructed to the planet-friendly specifications adopted for all new branches on company-owned land, taking another step in the expansion of green practices in its operations.
With an investment of Rs. 88.6 million, a four-storey building will rise in the next 15 months at Nos. 176/A, 176/ 1/1 and 176/B, Trincomalee Road, Matale, creating 5,039 square feet of office space, with adequate dedicated parking, the company said. This will be the first Ceylinco Life branch to be built on company-owned land in the Matale district. Designed to further reduce the carbon footprint of Ceylinco Life, the new branch will be powered entirely by a 20kW solar power system that will result in zero consumption of electricity from the national grid. It will feature a rainwater harvesting facility, a wastewater recycling system, and will only minimally consume pipe-borne water, the company said.
The building is also designed for optimal use of natural light and will be equipped with the latest energy-efficient lighting and air conditioning systems. The construction will minimise the use of timber and the property, upon completion, will include new trees.
Construction commenced at the address with the senior management of Ceylinco Life laying the foundation stone for the building.
Ceylinco Life is in the process of constructing another green building for its branch in Ja-Ela. The company currently owns the buildings housing its offices in Anuradhapura, Trincomalee, Jaffna, Batticaloa, Kandy, Kalutara, Kurunegala, Gampaha, Galle, Matara, Tissamaharama, Negombo, Ratnapura, Kotahena, Mount Lavinia, and Wellawatte, many of which have already been converted to solar energy. New branch buildings purpose-built to the company’s sustainable energy model are those at Horana, Panadura, Wennappuwa, Bandarawela, Chilaw, Kadawatha, Jaffna, Malabe, Divulapitiya, Negombo, and Piliyandala.
Ceylinco Life operates the largest network of 275 branches in Sri Lanka’s life insurance industry, giving it a physical presence in 142 cities, towns, and villages in every one of the island’s 25 districts.
