ABANS GROUP COMMISSIONS LKR 5MW GROUND MOUNTED SOLAR PLANT, DRIVING MOMENTUM FOR SRI LANKA’S RENEWABLE ENERGY SECTOR
In a landmark move toward a cleaner, greener future focusing on sustainability, Abans Group, one of Sri Lanka’s most respected and diversified conglomerates with over 55 years of heritage, commissioned 5 MW ground mounted solar power plant.
Initiated by Cleantech (Pvt) Ltd, integrated environmental solutions provider and sustainability driver of the Abans Group, this Ground-Mounted Power plant , spanning across 18.8 Acres of land in Pallekele, Kandy District, strengthening the Group’s long-term vision of advancing renewable energy infrastructure and supporting Sri Lanka’s transition toward energy security, economic resilience, and environmental sustainability.
Furthering the Abans legacy, Cleantech represents the Group’s commitment to a cleaner, self-sufficient Sri Lanka. Since its inception, Cleantech has enabled more than just integrated environmental solutions and urban sanitation services, providing cutting-edge technology, and a reputation for reliability that mirrors the strength of the Abans brand itself.
Cleantech Pvt Ltd, a subsidiary of Abans Group has signed on to develop this Ground Mounted Solar Project in Pallekele, Kandy with the majority stake of 75% amounting to an investment of LKR 1.2 billion across 18.8 Acres of land. A 25% stake is owned by Clean Energy Pallekele Pvt Ltd, of the entire project.
Prior to this project, as part of its commitment to sustainable mobility and renewable energy, Cleantech has expanded its portfolio to include EV charging and rooftop solar solutions. Energique by Cleantech operates an EV fast charging facility, supporting the growing adoption of electric vehicles while creating a new sustainable business stream.
Cleantech’s Green energy initiatives started modestly in 2024 when the company ventured into rooftop solar energy generation, with a rooftop Solar power system installed at DOK Solutions warehouse facility in Dagonna, Katunayake paving way for a much large-scale investment in Ground mounted solar later on.
This power plant, located in Pallekele and was initiated with an investment worth LKR 1.2 Bn, will significantly contribute to the national grid, helping to stabilize electricity supply while reducing dependence on fossil fuels. It is expected to power thousands of homes and businesses annually, lowering the nation’s carbon footprint and supporting Sri Lanka’s renewable energy targets for 2030.
Speaking on this partnership, Abans Group Managing Director Mr. Rusi Pestonjee said, “By diversifying our energy mix and embracing solar, we are helping Sri Lanka build resilience against power shortages and economic uncertainty. Through Cleantech, we are not only producing energy but empowering independence for households, businesses, and the nation. Therefore, this project goes far beyond an investment, it is a commitment to the nation’s progress, lighting the way toward a more self-reliant and sustainable Sri Lanka.”
With its proven financial stability, technical expertise, and islandwide operational presence, Abans Group remains open to strategic partnerships and investment opportunities that align with Sri Lanka’s renewable energy vision. This project marks the beginning of a broader portfolio of green investments envisioned under the Abans Group umbrella, reaffirming its role as a corporate leader in sustainable progress.
Founded by visionary entrepreneur Mrs. Aban Pestonjee in 1968, Abans Group has grown into one of Sri Lanka’s most trusted conglomerates. Its diversified portfolio spans retail, manufacturing, logistics, finance, real estate, hospitality, and environmental services. With a steadfast focus on innovation, ethics, and sustainability, Abans continues to empower Sri Lankans to live smarter, greener, and better every day.
