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LOLC Dodangoda Biomass Plant

Sector: Car parking • Location: Sri Lanka

Source: World Bank Group

Project
Active

Lanka Orix Leasing Company PLC (LOLC), via its subsidiary United Dendro Energy Pvt. Ltd in which it holds a 75% share since March 2010, developed the 4.0MW Dodangoda biomass plant. LOLC holds 750 shares, Haresh Karunanayke holds 249 shares and Dayananda Tissa Karunanayake holds 1 share.

The project was expected for commissioning in 2011. The project company holds 1,500 hectares from the Yala Nati

Status
Prospective
Sector
Car parking, Biomass, Commercial, Power Generation (CCGT), Government, Automotive
Location
Sri Lanka
Updated
22 Jul 2026
Source
World Bank Group

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The project “LOLC Dodangoda Biomass Plant” is an infrastructure initiative in the Car parking sector, located in Sri Lanka. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Lanka Orix Leasing Company PLC (LOLC), via its subsidiary United Dendro Energy Pvt. Ltd in which it holds a 75% share since March 2010, developed the 4.0MW Dodangoda biomass plant. LOLC holds 750 shares, Haresh Karunanayke holds 249 shares and Dayananda Tissa Karunanayake holds 1 share. The project was expected for commissioning in 2011. The project company holds 1,500 hectares from the Yala National Park and purchased 500 hectares of land in Amarawewa from the Forest Department (FD), February 2011 for gliricidia producation. Output was sold to the national grid via a generation license with Ceylon Electricity Board. Total cost was ESTIMATED at US$4 million. Financial closure date was estimated at December 2011, commissioning. http://www.thesundayleader.lk/2012/07/29/controversy-in-amarawewa/ http://www.lankabusinessonline.com/fullstory.php?nid=451467764

Original sector

Energy

Budget

Location

Country

Sri Lanka

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Car parking, Biomass, Commercial, Power Generation (CCGT), Government, Automotive

Article published date

2024-09-21

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