Resus Energy Plc
CCSELK:HPWR.N00007.90
LKR
-0.30
(-3.66%)
Resus Energy Plc
CSELK:HPWR.N0000
(Colombo Stock Exchange)
Recent
price
7.90
P/E
ratio
- -
div
yld
- -
ROIC.AI
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- Business
- Resus Energy PLC is a Sri Lanka-based independent power producer (IPP) and renewable energy company engaged in the development, generation, and commercial transmission of clean electricity to the national grid. The company operates across the renewable power generation sector with a diverse portfolio of generating assets. Its primary products and services include run-of-river mini-hydroelectric power generation and distribution; ground-mounted and rooftop solar photovoltaic (PV) energy production; project site identification, feasibility engineering, and resource assessment; engineering, procurement, and construction (EPC) management for power facilities; high-voltage grid-connection, transformer, and transmission infrastructure integration; as well as computerized plant monitoring, preventive maintenance, turbine and inverter servicing, and long-term asset lifecycle management. Resus Energy delivers electric power under long-term Standardized Power Purchase Agreements (SPPAs) primarily to the state utility, the Ceylon Electricity Board (CEB), servicing residential, commercial, and industrial consumers across the country. Founded in 2003 and headquartered in Colombo, Sri Lanka, the company operates generating stations and project sites across multiple administrative districts and river basins in Sri Lanka, including locations in the Central, Sabaragamuwa, Uva, Southern, and Eastern provinces. In recent strategic developments, Resus Energy PLC has accelerated the diversification of its energy mix by expanding its utility-scale solar generation assets alongside its core hydroelectric foundation. The company has advanced new solar PV installations, enhanced grid-interconnection capacities, and restructured its financing facilities through debt reprofiling and strategic capital allocations to support ongoing operational scaling, mitigate hydrological seasonality, and expand its aggregate renewable generation capacity.