Private Equity Round in 2019
Panasian Power PLC is a Sri Lankan company focused on generating and supplying renewable energy, specifically hydro and solar power. The company operates three mini hydropower projects: Rathganga with a capacity of 3 megawatts, Manelwala at 2.4 megawatts, and Padiyapelella at 3.5 megawatts, all of which contribute significantly to its revenue. Additionally, Panasian Power manages several solar power initiatives, including two rooftop solar projects with a combined capacity of 1.2 megawatts and a ground solar project generating 1 megawatt. Founded in 2002 and headquartered in Colombo, the company is dedicated to promoting sustainable energy solutions within Sri Lanka.
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