LIOC donates Rs 200M to President’s Fund


Lanka IOC Chairman Ranjan Kumar Mohapatra donated Rs 200 million to the President’s Fund set up to improve education and public welfare.

During the meeting, Wickremesinghe and Mohapatra, who was accompanied by Manoj Gupta, Managing Director Lanka IOC, discussed matters of mutual co-operation and interest such as enhancing renewable energy use in Sri Lanka and need for exploring new sources for petroleum products considering the new Cauvery Basin Refinery coming up in east coast of India (Tamil Nadu). 

The President was extremely forthcoming and positive about future prospects of Sri Lanka with visible stability in the economy and encouraging developments on signing a staff-level agreement with the IMF. He also congratulated Lanka IOC for completing 20 years of service to Sri Lanka and fondly recalled when the petroleum company first formed.

Mohapatra expressed his gratitude to President Wickremesinghe for the continuous support and co-operation provided by the Government including the Central Bank from time to time enabling arrangement of seamless fuel supply by Lanka IOC throughout the length and breadth of the nation. 

He also assured that Lanka IOC is keen and ready to play a significant role in Sri Lanka’s energy market with diversification into renewables and is working towards providing multiple energy solutions to customers at its filling stations. He also assured that Lanka IOC will continue to work relentlessly to keep the country energised.