Ceylon Electricity Board (CEB) #46310
Created at
2024-10-21
Last update
2025-03-18
2 Parents (Involvements as child)
ID
Name
Government of Sri Lanka
Country of registration/origin
Sri Lanka
Classification
Government
Relationship
Parent company
Parent relation
Local branch of parent company
Investment type
Shares/Equity
Ownership share
100.00 %
ID
Name
Asian Development Bank (ADB)
Classification
Multilateral Development Bank (MDB)
Relationship
Tertiary investor/lender
Investment type
Debt financing
Loan amount
200 000 000
$
Loan date
2019
Comment
Mannar Wind Power Project is being financed by ADB and the Loan amount is USD 200 Million.
1 Children (Involvements as parent)
ID
Name
LTL Holdings (Pvt) Ltd
Country of registration/origin
Sri Lanka
Classification
Semi state-owned company
Relationship
Subsidiary company
Parent relation
Joint venture of parent companies
Investment type
Shares/Equity
Ownership share
51.00 %
Comment
LTL Holdings Limited (LTLH) was originally founded as Lanka Transformers Limited (LTL) in 1980, a Public Private Partnership (PPP) between the Ceylon Electricity Board (CEB) and Bonar Long of Scotland (BLS), with CEB retaining the majority of shares.
1 Deals (Involvements as Operating company)
ID
Target country
Sri Lanka
Current intention of investment
Wind farm
Current negotiation status
Concluded (Contract signed)
Current implementation status
In operation (production)
Deal size
145.64 ha