Vallibel Power Erathna Plc (Sri Lanka)

Vallibel Power Erathna PLC is a mini hydropower company located in Colombo, Sri Lanka. It is the largest public quoted mini hydropower company in the country. The company operates three mini hydropower plants in Kuruwita, Rathnapura, and Norton Bridge, with a combined capacity of 21.85 MW. Vallibel Power Erathna PLC generates and dispatches approximately 80 GWh of electricity to the Ceylon Electricity Board each year. This helps in reducing approximately 50,000 metric tons of CO2 emissions annually. The company is committed to exploring renewable energy projects that protect the environment, benefit communities, and reward investors. They utilize modern turbines, generators, and control equipment from renowned manufacturers and local suppliers. Vallibel Power Erathna PLC was incorporated in November 2001 to generate and supply electric power to the national grid on a BOO (Build, Own, Operate) basis. The company was initially named 'Zyrex Power Company Erathna Limited' and later changed its name to 'Power Company Erathna Limited' in October 2004. It was finally renamed 'Vallibel Power Erathna Limited' in June 2005. The company's shares were listed on the Colombo Stock Exchange in May 2006. In November 2009, Vallibel Power Erathna PLC acquired Country Energy Pvt Ltd. The company's main activity is the generation of electricity using hydro resources and transmitting it to the national grid of the Ceylon Electricity Board.