Panasian Power Company Description

Panasian Power PLC, together with its subsidiaries, engages in the generation and sale of hydroelectricity in Sri Lanka.

It operates through Hydro Power; Solar Power; and Engineering, Procurement, and Construction (EPC) segments.

The company owns and operates the Rathganga mini hydropower project with an installed capacity of 3.0 megawatts (MW) located in Ratnapura; Manelwala mini hydropower project with an installed capacity of 2.4 MW at Walapane; and Padiyapelella mini hydropower project with an installed capacity of 3.5 MW at Padiyapelella.

It also operates 1 MW ground solar project in Maho, 1 MW ground solar project in Pannala, 1 MW ground solar project in Beliatta, and 3 MW ground solar project in Matara.

The company was incorporated in 2002 and is headquartered in Colombo, Sri Lanka. Panasian Power PLC is a subsidiary of R I L Property PLC.