Panasian Power PLC 2024 AR2
The report highlights Panasian Power PLC's financial and sustainability performance for the fiscal year 2023/24. The company achieved a record revenue of LKR 1.5 billion, representing a 47% year-on-year growth, driven by its diversified renewable energy portfolio of hydro and solar power. Panasian Power successfully avoided 42,234 metric tonnes of CO2 emissions and generated over 56.9 million kWh of clean energy. Key achievements include securing six new solar projects under competitive tenders and expanding its organizational footprint with several new subsidiaries. The company also demonstrated its commitment to local communities by investing LKR 6.6 million in corporate social responsibility initiatives.
Company: Panasian Power PLC
Sector: Energy utilities
Country: Sri Lanka
Year: 2024
Type: AR2
Pages: 220
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Panasian Power PLC
Annual Report
The report highlights Panasian Power PLC's financial and sustainability performance for the fiscal year 2023/24. The company achieved a record revenue of LKR 1.5 billion, representing a 47% year-on-year growth, driven by its diversified renewable energy portfolio of hydro and solar power. Panasian Power successfully avoided 42,234 metric tonnes of CO2 emissions and generated over 56.9 million kWh of clean energy. Key achievements include securing six new solar projects under competitive tenders and expanding its organizational footprint with several new subsidiaries. The company also demonstrated its commitment to local communities by investing LKR 6.6 million in corporate social responsibility initiatives.
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Document Details
Report Year
2024
Reporting Period
Apr 1, 2023 - Mar 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Women on Board
Workplace Fatalities
Employees