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LTL Aranayake SHPP

Sector: Wind • Location: Sri Lanka

Source: World Bank Group

Project
Active

LTL Holdings, via its subsidiary Nividhu, was developing the 4.0MW Aranayake mini hydropower plant. The project consists of two 2MW turbines, supplied from Germany. Lakdhanavi Limited was a fully owned subsidiary of Lanka Transformer Limited (LTL). LTL was owned by Ceylon Electricity Board (majority shareholder), ABB Group (27%) of Switzerland (Asea Brown Boveri (ABB)) and an Employees Trust (see

Status
Prospective
Sector
Wind, Hydro, Power Generation (CCGT), Commercial, Government
Location
Sri Lanka
Updated
22 Jul 2026
Source
World Bank Group

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The project “LTL Aranayake SHPP” is an infrastructure initiative in the Wind sector, located in Sri Lanka. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Company

Status

Original status

active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

LTL Holdings, via its subsidiary Nividhu, was developing the 4.0MW Aranayake mini hydropower plant. The project consists of two 2MW turbines, supplied from Germany. Lakdhanavi Limited was a fully owned subsidiary of Lanka Transformer Limited (LTL). LTL was owned by Ceylon Electricity Board (majority shareholder), ABB Group (27%) of Switzerland (Asea Brown Boveri (ABB)) and an Employees Trust (see project 3814). SN Power held 30% of the equity. LTL Holdings held 48%; LAnka Ventures (venture capital firm) held 16%; Employees Trust held 4%. Construction started in August 2003. The project commissioned in May 2005. Output was sold to the Ceylon Electricity Board, under a 15 year PPA starting in 2004. Total cost was US$3.6 million. Financial closure date was unknown, but ESTIMATED here was February 2004 (25% completion rule). The project applied for UNFCCC CDM financing together with the Belihul Oya plant, project 7001. Financing was provided by a consortium of Sri Lankan banks (non-recourse). http://www.lankatransformers.com/ltl-hydro-power.html http://www.snpower.com/projects-and-plants/sri-lanka/assupiniella/

Original sector

Energy

Budget

Location

Country

Sri Lanka

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Wind, Hydro, Power Generation (CCGT), Commercial, Government

Article published date

2024-05-19

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