NDB Capital Holdings
NDB Capital Holdings is a private equity investment firm located in Colombo, Sri Lanka. The company specializes in private equity financing and investment banking, focusing on a variety of sectors including business-to-business services, commercial products, energy, clean technology, infrastructure, technology, media and telecommunications, industrials, and manufacturing. NDB Capital Holdings aims to support and invest in companies within these sectors, contributing to their growth and development in the Sri Lankan market.
Panasian Power
Private Equity Round in 2019
Panasian Power PLC is an energy company based in Colombo, Sri Lanka, that specializes in generating and supplying clean, renewable energy. Founded in 2002, the company operates several hydropower and solar power projects. Its hydropower segment includes three mini hydropower plants: the Rathganga project with a capacity of 3 megawatts, the Manelwala project at 2.4 megawatts, and the Padiyapelella project at 3.5 megawatts. In addition to hydropower, Panasian Power also manages rooftop solar projects, including a 400-kilowatt installation in Boralesgamuwa and an 800-kilowatt setup in Kohuwala and Kolonna, along with a 1-megawatt ground-mounted solar project. The company primarily contributes to the national energy grid, emphasizing its role in the renewable energy sector.
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