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Panasian Power PLC
No. 03, Elibank Road, Colombo 05
Phone: +94 114651114p:+94 114651114 COLOMBO, Sri Lanka Ticker: PAP.N0000PAP.N0000
This company was Merged or Acquired on 7/10/2021.
This is a Subsidiary, click here for the Parent Company
Business Summary
Panasian Power PLC is a Sri Lanka-based supplier of clean and renewable energy. The Company operates an integrated model through which it develops, builds, owns and operates renewable energy projects as an independent power producer and project developer. Its segments include hydro power, solar power and engineering, procurement and construction (EPC)/services. It operates three mini hydro power projects: Rathganga Mini Hydro Power Project, Manelwala Mini Hydro Power Project and Padiyapelella Mini Hydro Power Project. The Company's mini hydro power projects have an aggregate installed capacity of approximately 8.9 megawatts (MW). The solar power segment includes 18 fully owned operational solar power plants with an aggregate installed capacity of approximately 13.5 MW and 0.4 MW in operation under joint venture arrangements. The EPC/services segment is engaged in the EPC of roof top solar power plants and sale of solar inverters, panels and other accessories to third party customers.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20233/31/2023Yes----

Industries
SIC Code Description
4911 Electric services
1761 Roofing, siding, and sheet metal work

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Non-Executive Chairman of the Board Lokugan Hewage Ananda L.Silva 6/28/2022 3/1/2022
Chief Executive Officer, Executive Director PathmanathaPoddiwala 4/1/2020 4/1/2020
Project Manager RanjithAmarasinghe
10 additional Officers and Directors records available in full report.

General Information
Number of Employees: 64 (As of 3/31/2023)
Outstanding Shares: 625,000,000 (As of 12/31/2023)
Shareholders: 6,968
Stock Exchange: COL
Fax Number: +94 114506412


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Thursday, April 18, 2024