Vallibel Power Erathna PLC

Vallibel Power Erathna PLC

CCSELK:VPEL.N0000
14.10
LKR
-0.20
(-1.40%)
Dec 02Next Earn
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

Full Time Employees
100
Sector
Utilities
Industry
Electric utilities
Address
Colombo Sri Lanka
IPO Date
Mar 31, 2010
Business
Vallibel Power Erathna PLC is a Sri Lanka-based independent power producer engaged primarily in the generation and distribution of renewable electrical energy to the national electricity grid. Founded in 2001 and headquartered in Colombo, Sri Lanka, the company operates as a specialized renewable energy subsidiary within the Vallibel corporate group. The company's core products, assets, and services comprise the generation and wholesale supply of grid-connected clean hydroelectricity; the engineering, development, commissioning, and long-term asset management of run-of-river small hydropower facilities; the operation of the 9.9 MW flagship Erathna Mini Hydro Power Project located in Ratnapura District; the operation of the 7.2 MW Denawaka Ganga Mini Hydro Power Project through its subsidiary Country Energy (Pvt) Ltd; and the operation of the 4.65 MW Kiriwaneliya Mini Hydro Power Project in Nuwara Eliya District through its subsidiary Vallibel Energy Lanka (Pvt) Ltd, providing an aggregate installed capacity of 21.75 MW supplying the state utility, the Ceylon Electricity Board (CEB). In recent developments, Vallibel Power Erathna PLC has advanced key operational and strategic initiatives, including the re-contracting and extension of Standardized Power Purchase Agreements (SPPAs) with the Ceylon Electricity Board across its mature small hydro assets to establish tiered, sustainable off-take pricing; strategic initiatives to diversify its generation mix through the evaluation and development of ground-mounted and commercial solar photovoltaic projects; and comprehensive engineering modernizations incorporating automated supervisory control and data acquisition (SCADA) systems, electromechanical overhauls, and optimized intake management to maximize generation yield and operational resilience against shifting hydrological conditions.