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DateLine Sunday, 27 January 2008

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Bogawantalawa teas fetch record prices

The Norwood garden mark of Bogawantalawa Tea Estates Limited (BTEL) recorded the highest price of Rs. 375 for Dust grade and a further Rs. 345 for the Bogawantalawa BOP grade, while the Norwood and Loinorn garden marks recorded Rs. 345 for their BOP Fannings at the recently concluded Colombo tea auction.

Norwood and Loinorn estates come under the umbrella of Bogawantalawa Tea Estates Ltd., owners of the flagship brands, Bogawantalawa and Ceylon Tea Gardens.

Bogawantalawa is also a leading brand in the local tea market with its range of export quality, estate direct teas being made available throughout the island.

Over the years, Bogawantalawa Tea has been sought after by Tea connoisseurs as a tea with a unique flavour, colour, aroma and appearance.

Bogawantalawa Tea Estates have won global recognition not only for its selection of the finest teas that come from the estates of the Golden Valleys of Ceylon, but also for the manner in which they care for their workers and children.

Chairman of Metropolitan Resource Holdings Ltd D.J. Ambani who owns 71% of Bogawantalawa Tea Estates Ltd. said that the owning company plans to invest further for the development of the estates coming under the purview of Bogawantalawa Tea Estates Limited.

The investing company has diversified business interests in selected areas such as hydropower, telecommunication, consultancy services and tea exports in addition to the existing Plantation Holdings.

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