Janashakthi Insurance PLC, a leading name in Sri Lanka’s insurance industry and a flagship brand of JXG (Janashakthi Group), successfully conducted its educational initiative Shilpashakthi, aimed at supporting more than 5,000 Grade 5 Scholarship students with academic guidance.
The programme was carried out in collaboration with educator Bharatha Lankage, reinforcing the company’s continued commitment to empowering young learners through education and structured academic support.
As part of the initiative, five outstanding students were recognised through a raffle draw and awarded tablets along with a special double-decker city tour in Colombo, further enhancing their learning experience and encouraging academic excellence.
The winners recognised under the programme were L. Tharindu Danushka, A.G. Hasanthi Sanjalika Sathsarani, K.M. Neha Devlindi Gunathilaka, W. Dinaksha Sasvindu Karunathilaka, and K. Lakindu Ayesh Induwara.
Awards were presented by senior representatives of Janashakthi Insurance PLC, including Danushka Samarasinghe, Namalee A. Silva, Umesh Madushanth, and Jude Silva.
The Shilpashakthi initiative reflects Janashakthi Life’s broader commitment to social development, particularly in strengthening educational opportunities and supporting the academic journey of Sri Lanka’s younger generation.
WindForce Secures USD 18 Million IFC Financing for Solar and Battery Storage Expansion
WindForce PLC has entered into a loan agreement with the International Finance Corporation (IFC)
, a member of the World Bank Group, to strengthen its renewable energy portfolio and accelerate Sri Lanka’s transition toward sustainable energy solutions.
The financing facility, valued at up to the LKR equivalent of USD 18 million, was approved by the company’s Board of Directors on 20 April 2026 and disclosed to the Colombo Stock Exchange in accordance with Listing Rule 8.
The structured funding is divided into two strategic phases. Under Phase 1, up to USD 10 million will be allocated to support WindForce’s equity contribution toward the 100MW solar park project in Siyambalanduwa, which is owned and operated by Rividhanavi (Pvt) Ltd.
Phase 2 of the facility, amounting to up to USD 8 million, will be directed toward battery energy storage systems and other eligible renewable energy projects undertaken by WindForce PLC or its subsidiaries. These investments are expected to support grid stability and enhance the integration of renewable energy sources.
WindForce noted that the financing is a material development that is likely to influence the company’s financial position and market activity, though it does not constitute a “major transaction” under Section 185 of the Companies Act No. 7 of 2007.
The IFC-backed funding reinforces investor confidence in Sri Lanka’s renewable energy sector and aligns with WindForce’s long-term strategy to expand its clean energy infrastructure, particularly in solar power generation and advanced energy storage solutions.
Janashakthi Life Conducts ‘Shilpashakthi’ Initiative for Scholarship Recipients
