Expert panel to speak on ways to reduce electricity and fuel costs

Tuesday, 2 July 2013 00:00 -     - {{hitsCtrl.values.hits}}

The recent spiralling of electricity tariffs was estimated to increase the electricity bills of most industrial, hotel and commercial enterprises by about 20% to 30%. The tariff change included medium to large consumers in the general purpose category (ie. non-industry and non-hotel enterprises) to be levied tariffs under the ‘Time of Day’ scheme where different tariffs apply based on the time of use of electricity. Apart from increase in electricity tariffs, the increase in fuel prices made time and again has also led to rise in travel and energy costs. Energy costs have a significant impact on cost of products and services and affect the competitiveness of businesses. Careful management of consumption and use of low energy consuming equipment can help businesses to reduce electricity and fuel bills substantially. The Ceylon Chamber of Commerce is organising a seminar titled “Unlocking the benefits of energy conservation” on Friday 5 July 2013 at the CCC Auditorium. The objective of this seminar is to facilitate the energy experts to share their knowledge on how energy consumption can be reduced. The panel of experts will include Resource Management Associates (Pvt) Ltd. Managing Director Dr. Tilak Siyambalapitiya and Ceylon Electricity Board Additional General Manager, Corporate Strategy Division Bandula Thilakasena. Dr. Siyambalapitiya will speak on the current status and future outlook of the electricity sector in Sri Lanka and Thilakasena will elaborate on the strategies to reduce electricity and fuel consumption. These will be followed by three case studies on the industrial, hotel and logistics sectors. These will be delivered by Brandix Lanka Ltd. Head of Energy and Environment Management Iresha Somarathna, CCC Solutions (Pvt) Ltd. Project Director Greening Sri Lankan Hotels Programme and Consultant Srilal Miththapala and Logiwiz Ltd. Director Binupa Liyanage respectively. The seminar will be concluded with a panel discussion and open forum where the speakers will be joined by two panelists; Sri Lanka Sustainable Energy Authority Deputy Director General Operations Harsha Wickremasinghe and Public Utilities Commission of Sri Lanka Deputy Director General Gamini Herath to respond to any queries from the participants.

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