Panasian Power PLC

Panasian Power PLC is one of Sri Lanka’s leading suppliers of clean, renewable energy to the Sri Lankan national energy.

General Information
Industries
Energy, Renewable Energy
Funding Stage
Post Ipo Equity
Product Stage
-
Business Model
-
Company Overview
Founded
2002
Employees
21
Location
, Sri Lanka
Panasian Power PLC - Company Details
Panasian Power PLC is a leading supplier of clean, renewable energy to Sri Lanka's national energy grid. Established in 2002 with support from the Board of Investment, the company operates three Mini-Hydro Power Plants and aims to reach 30 MW of generation capacity by 2022. The recent LKR400.00M post-IPO equity investment on 12 June 2019 by Zephyr Acorn and NDB Capital demonstrates investor confidence in PAP's potential. PAP's vision entails generating hydro and alternative power to enhance the region's power requirement while prioritizing stakeholder interests. The company's mission revolves around ensuring sustainable shareholder value, reliable electricity provision, community partnership, and environmental preservation. With a strategic focus on continuous organic expansion and technical expertise, PAP is paving the way for a brighter, cleaner, and more sustainable future in the energy sector.