The president proposes to expand Kolonnawa’s oil storage for Rs. 3.7 billion

On Wednesday, President Anura Kumara Disanayake inaugurated a project for the construction of six new oil storage tanks at the Kolonnawa Petroleum Storage Complex in Sri Lanka. This Rs. 3.7 billion project, which is set for completion by September 2027, aims to enhance the country’s energy infrastructure with the addition of various tank sizes. President Disanayake emphasized the government’s commitment to meet the energy needs of its citizens while urging public support for what he termed a “progressive transformation” for energy sovereignty. He also addressed challenges faced by the energy sector, particularly concerning the Ceylon Electricity Board (CEB) and warned against union interference. Disanayake highlighted the government’s efforts to streamline electricity costs and improve energy projects, emphasizing the shift away from political interference in state institutions.

• The initiative led by President Disanayake reflects a proactive approach to addressing the pressing energy challenges facing Sri Lanka, aiming for reliability in energy supply through strategic projects.
• The warning against trade union resistance illustrates the administration’s readiness to make difficult decisions in pursuit of progress, showcasing a willingness to prioritize national energy sovereignty over trade union pressures.
• Disanayake’s remarks imply a strong commitment to breaking past cycles of political interference, thus promising a more efficient state apparatus that operates independently of outdated conventions.
• The ongoing transformation of the CEB demonstrates the necessary balance between labor rights and efficient service delivery, encouraging an environment where innovations can thrive without bureaucratic bottlenecks.