LAUGFS Power Plc
10.00
LKR
-0.50
(-4.76%)
ISIN
LK0459N00004
Return %
Stock
S&P 500
1Y
-37.50
14.20
3Y
20.48
81.12
5Y
7.53
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Mithila Wegapitiya
- Full Time Employees
- 85
- Sector
- Utilities
- Industry
- Alternative power generation
- Address
- Colombo Sri Lanka
- IPO Date
- Oct 10, 2019
- Website
- laugfs.lk
- Similar Companies
- Business
- LAUGFS Power PLC is a Sri Lanka-based renewable energy company primarily engaged in the generation and transmission of electrical power from clean and sustainable energy sources to the national electricity grid. The company operates through two core business segments: Solar Power and Hydro Power. Its core product and service portfolio includes utility-scale solar photovoltaic power generation, operating major solar parks including the 20-megawatt Iris and 20-megawatt Ananthaprabha solar facilities situated in Welikanda, Polonnaruwa; commercial and industrial rooftop solar power solutions, providing turnkey solar PV design, installation, monitoring, and ongoing maintenance for institutional and corporate facilities; run-of-river mini-hydroelectric power generation, operating several small-scale hydro plants including the Ranmudu Oya and Galdola projects located in the central highlands of Sri Lanka; and renewable energy infrastructure services, comprising engineering, procurement, and construction (EPC) advisory, plant optimization, and long-term power purchase facilitation. LAUGFS Power PLC sells all generated electricity exclusively to the state utility, the Ceylon Electricity Board (CEB), under long-term Standardized Power Purchase Agreements (SPPAs). Founded in 2006 and headquartered in Colombo, Sri Lanka, the company operates as a key power generation subsidiary of LAUGFS Gas PLC within the broader LAUGFS Holdings Limited conglomerate. In recent developments, LAUGFS Power PLC has implemented comprehensive inverter and monitoring system modernizations across its utility-scale solar installations in Welikanda to optimize power yield and grid stability. In response to Sri Lanka's national renewable energy targets and regulatory updates under the revised Electricity Act, the company has expanded its pipeline of commercial rooftop solar developments and executed strategic debt reprofiling agreements with primary financial lenders to strengthen its balance sheet and improve capital efficiency.