WindForce - Revision history

TheProEditor11: Reverted 1 edit by 175.157.136.126 (talk) to last revision by GreenC bot

2024-09-12T10:25:19Z

Reverted 1 edit by 175.157.136.126 (talk) to last revision by GreenC bot

← Previous revision		Revision as of 10:25, 12 September 2024
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	\| industry = {{Unbulleted list\|[[Utility industry]]\|[[Renewable energy]]}}		\| industry = {{Unbulleted list\|[[Utility industry]]\|[[Renewable energy]]}}
	\| founded = {{Start date and age\|2010}}<ref name="wsj.com">{{cite web \|title=Windforce Ltd. \|url=https://www.wsj.com/market-data/quotes/LK/XCOL/WINDN0000/company-people \|website=[[wsj.com]] \|publisher=[[Dow Jones & Company]] \|access-date=21 August 2021}}</ref>		\| founded = {{Start date and age\|2010}}<ref name="wsj.com">{{cite web \|title=Windforce Ltd. \|url=https://www.wsj.com/market-data/quotes/LK/XCOL/WINDN0000/company-people \|website=[[wsj.com]] \|publisher=[[Dow Jones & Company]] \|access-date=21 August 2021}}</ref>
	\| hq_location_city = [[~~mbo~~]]		\| hq_location_city = [[Colombo]]
	\| hq_location_country = Sri Lanka		\| hq_location_country = Sri Lanka
	\| key_people = {{Unbulleted list\|Ranil Pathirana (Chairman)\|Manjula Perera (Managing Director)}}		\| key_people = {{Unbulleted list\|Ranil Pathirana (Chairman)\|Manjula Perera (Managing Director)}}

175.157.136.126 at 10:24, 12 September 2024

2024-09-12T10:24:32Z

← Previous revision		Revision as of 10:24, 12 September 2024
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	\| industry = {{Unbulleted list\|[[Utility industry]]\|[[Renewable energy]]}}		\| industry = {{Unbulleted list\|[[Utility industry]]\|[[Renewable energy]]}}
	\| founded = {{Start date and age\|2010}}<ref name="wsj.com">{{cite web \|title=Windforce Ltd. \|url=https://www.wsj.com/market-data/quotes/LK/XCOL/WINDN0000/company-people \|website=[[wsj.com]] \|publisher=[[Dow Jones & Company]] \|access-date=21 August 2021}}</ref>		\| founded = {{Start date and age\|2010}}<ref name="wsj.com">{{cite web \|title=Windforce Ltd. \|url=https://www.wsj.com/market-data/quotes/LK/XCOL/WINDN0000/company-people \|website=[[wsj.com]] \|publisher=[[Dow Jones & Company]] \|access-date=21 August 2021}}</ref>
	\| hq_location_city = [[~~Colombo~~]]		\| hq_location_city = [[mbo]]
	\| hq_location_country = Sri Lanka		\| hq_location_country = Sri Lanka
	\| key_people = {{Unbulleted list\|Ranil Pathirana (Chairman)\|Manjula Perera (Managing Director)}}		\| key_people = {{Unbulleted list\|Ranil Pathirana (Chairman)\|Manjula Perera (Managing Director)}}

GreenC bot: Move 1 url. Wayback Medic 2.5 per WP:URLREQ#sundayobserver.lk

2024-04-20T01:06:50Z

Move 1 url. Wayback Medic 2.5 per WP:URLREQ#sundayobserver.lk

← Previous revision		Revision as of 01:06, 20 April 2024
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	==History==		==History==
	The company is incorporated in July 2010 and listed on the Colombo Stock Exchange in 2021.<ref name="Sunday Observer">{{cite news \|title=WindForce to expand local and overseas footprint \|url=http://~~www~~.sundayobserver.lk/2021/04/25/business/windforce-expand-local-and-overseas-footprint \|access-date=21 August 2021 \|work=[[Sunday Observer (Sri Lanka)\|Sunday Observer]] \|publisher=[[Associated Newspapers of Ceylon]] \|date=25 April 2021}}</ref>		The company is incorporated in July 2010 and listed on the Colombo Stock Exchange in 2021.<ref name="Sunday Observer">{{cite news \|title=WindForce to expand local and overseas footprint \|url=http://archives1.sundayobserver.lk/2021/04/25/business/windforce-expand-local-and-overseas-footprint \|access-date=21 August 2021 \|work=[[Sunday Observer (Sri Lanka)\|Sunday Observer]] \|publisher=[[Associated Newspapers of Ceylon]] \|date=25 April 2021}}</ref>

	===IPO===		===IPO===

Chanakal: update with 2023 figures

2024-01-04T06:51:01Z

update with 2023 figures

← Previous revision		Revision as of 06:51, 4 January 2024
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			{{short description\|Sri Lankan renewable energy company}}
	{{about\|the Sri Lankan renewable energy company called "WindForce PLC"\|the measure of wind speed\|Beaufort scale}}		{{about\|the Sri Lankan renewable energy company called "WindForce PLC"\|the measure of wind speed\|Beaufort scale}}
	{{Infobox company		{{Infobox company
	\| name = WindForce		\| name = WindForce PLC
	\| former_name = WindForce Limited		\| former_name = WindForce Limited
	\| logo = WindForce_logo.jpg		\| logo = WindForce_logo.jpg
	\| logo_caption = ~~The logo~~ of WindForce		\| logo_caption = Logo of WindForce PLC
			\| image = SeguwantivuWindFarm-Srilanka.jpg
			\| image_caption = Wind turbines of [[Seguwantivu Wind Farm]]
	\| type = [[Public company\|Public]]		\| type = [[Public company\|Public]]
	\| traded_as = {{Colombo Stock Exchange\|WIND.N0000}}		\| traded_as = {{Colombo Stock Exchange\|WIND.N0000}}
	\| ISIN = LK0461N00000		\| ISIN = {{ISIN\|sl=n\|pl=y\|LK0461N00000}}
	\| industry = {{Unbulleted list\|[[Utility industry]]\|[[Renewable energy]]}}		\| industry = {{Unbulleted list\|[[Utility industry]]\|[[Renewable energy]]}}
	\| founded = {{Start date and age\|2010}}<ref name="wsj.com">{{cite web \|title=Windforce Ltd. \|url=https://www.wsj.com/market-data/quotes/LK/XCOL/WINDN0000/company-people \|website=[[wsj.com]] \|publisher=[[Dow Jones & Company]] \|access-date=21 August 2021}}</ref>		\| founded = {{Start date and age\|2010}}<ref name="wsj.com">{{cite web \|title=Windforce Ltd. \|url=https://www.wsj.com/market-data/quotes/LK/XCOL/WINDN0000/company-people \|website=[[wsj.com]] \|publisher=[[Dow Jones & Company]] \|access-date=21 August 2021}}</ref>
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	\| hq_location_country = Sri Lanka		\| hq_location_country = Sri Lanka
	\| key_people = {{Unbulleted list\|Ranil Pathirana (Chairman)\|Manjula Perera (Managing Director)}}		\| key_people = {{Unbulleted list\|Ranil Pathirana (Chairman)\|Manjula Perera (Managing Director)}}
	\| revenue = {{increase}} [[Sri Lankan rupee\|LKR]]4,~~367~~ million		\| revenue = {{increase}} [[Sri Lankan rupee\|LKR]]4,953 million
	\| revenue_year = ~~2022~~		\| revenue_year = 2023
	\| operating_income = {{~~decrease~~}} ~~LKR2~~,~~237~~ million		\| operating_income = {{increase}} LKR3,018 million
	\| income_year = ~~2022~~		\| income_year = 2023
	\| net_income = {{decrease}} LKR1,~~951~~ million		\| net_income = {{decrease}} LKR1,783 million
	\| net_income_year = ~~2022~~		\| net_income_year = 2023
	\| assets = {{~~decrease~~}} ~~LKR30~~,~~447~~ million		\| assets = {{increase}} LKR39,802 million
	\| assets_year = ~~2022~~		\| assets_year = 2023
	\| equity = {{~~decrease~~}} ~~LKR20~~,~~880~~ million		\| equity = {{increase}} LKR25,199 million
	\| equity_year = ~~2022~~		\| equity_year = 2023
	\| ~~owner~~ = {{Unbulleted list\|Akbar Brothers Pvt Ltd. (35.91%)\|Hirdaramani Pvt Ltd. (20.67~~%)\|Debug Investments Pvt Ltd. (12.14~~%)}}		\| owners = {{Unbulleted list\|Akbar Brothers Pvt Ltd. (36.48%)\|Hirdaramani Pvt Ltd. (20.67%)}}
	\| ~~subsid~~ =		\| num_employees = 155
		⚫	\| num_employees_year = 2023
	\| num_employees = 150
⚫	\| num_employees_year = ~~2022~~
	\| website = {{URL\|https://windforce.lk}}		\| website = {{URL\|https://windforce.lk}}
	\| footnotes = <ref>{{cite web \|title=Annual Report ~~2021~~/22 \|url=https://cdn.cse.lk/cmt/upload_report_file/~~2173_1656397092153~~.pdf \|website=cse.lk \|publisher=WindForce PLC \|access-date=7 ~~July~~ ~~2022~~}}</ref>		\| footnotes = <ref>{{cite web \|title=Annual Report 2022/23 \|url=https://cdn.cse.lk/cmt/upload_report_file/2173_1686044204434.pdf \|website=cse.lk \|publisher=WindForce PLC \|access-date=4 January 2024}}</ref>
	}}		}}
	'''WindForce PLC''' is the largest [[renewable energy]] private sector company in [[Sri Lanka]].<ref name="dailymirror.lk">{{cite news \|last1=Fernando \|first1=Nishel \|title=Windforce plans Rs.3.2bn IPO on CSE \|url=https://www.dailymirror.lk/business-news/Windforce-plans-Rs-3-2bn-IPO-on-CSE/273-206039 \|access-date=21 August 2021 \|work=dailymirror.lk \|publisher=[[Wijeya Newspapers]] \|date=18 February 2021}}</ref> The company was incorporated in 2010 and in 2021 was listed on the [[Colombo Stock Exchange]]. The company commission, construct and operate power plants and generate power through [[wind power\|wind]], [[solar power\|solar]] and [[hydropower]].<ref name="ft.com" />		'''WindForce PLC''' is the largest [[renewable energy]] private sector company in [[Sri Lanka]].<ref name="dailymirror.lk">{{cite news \|last1=Fernando \|first1=Nishel \|title=Windforce plans Rs.3.2bn IPO on CSE \|url=https://www.dailymirror.lk/business-news/Windforce-plans-Rs-3-2bn-IPO-on-CSE/273-206039 \|access-date=21 August 2021 \|work=dailymirror.lk \|publisher=[[Wijeya Newspapers]] \|date=18 February 2021}}</ref> The company was incorporated in 2010 and in 2021 was listed on the [[Colombo Stock Exchange]]. The company commission, construct and operate power plants and generate power through [[wind power\|wind]], [[solar power\|solar]] and [[hydropower]].<ref name="ft.com" />

Chanakal: add logo, update with 2022 figures

2022-07-07T17:23:23Z

add logo, update with 2022 figures

← Previous revision		Revision as of 17:23, 7 July 2022
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	\| name = WindForce		\| name = WindForce
	\| former_name = WindForce Limited		\| former_name = WindForce Limited
	\| logo =		\| logo = WindForce_logo.jpg
			\| logo_caption = The logo of WindForce
	\| logo_size =
	\| type = [[Public company\|Public]]		\| type = [[Public company\|Public]]
	\| traded_as = {{Colombo Stock Exchange\|WIND.N0000}}		\| traded_as = {{Colombo Stock Exchange\|WIND.N0000}}
	\| ISIN =		\| ISIN = LK0461N00000
	\| industry = {{Unbulleted list\|[[Utility industry]]\|[[Renewable energy]]}}		\| industry = {{Unbulleted list\|[[Utility industry]]\|[[Renewable energy]]}}
	\| fate =
	\| predecessor =
	\| successor =
	\| founded = {{Start date and age\|2010}}<ref name="wsj.com">{{cite web \|title=Windforce Ltd. \|url=https://www.wsj.com/market-data/quotes/LK/XCOL/WINDN0000/company-people \|website=[[wsj.com]] \|publisher=[[Dow Jones & Company]] \|access-date=21 August 2021}}</ref>		\| founded = {{Start date and age\|2010}}<ref name="wsj.com">{{cite web \|title=Windforce Ltd. \|url=https://www.wsj.com/market-data/quotes/LK/XCOL/WINDN0000/company-people \|website=[[wsj.com]] \|publisher=[[Dow Jones & Company]] \|access-date=21 August 2021}}</ref>
	\| founder =
	\| defunct =
	\| hq_location_city = [[Colombo]]		\| hq_location_city = [[Colombo]]
	\| hq_location_country = Sri Lanka		\| hq_location_country = Sri Lanka
		⚫	\| key_people = {{Unbulleted list\|Ranil Pathirana (Chairman)\|Manjula Perera (Managing Director)}}
	\| area_served =
			\| revenue = {{increase}} [[Sri Lankan rupee\|LKR]]4,367 million
⚫	\| key_people = {{Unbulleted list\|~~R. P.~~ Pathirana (Chairman)\|~~A. A. Akbarally (Deputy Chairman)\|K. B. M. I.~~ Perera (Managing Director)}}
	\| ~~products~~ =		\| revenue_year = 2022
	\| ~~revenue~~ = {{decrease}} ~~LKR 1~~,~~147~~ million		\| operating_income = {{decrease}} LKR2,237 million
	\| ~~revenue_year~~ = ~~2021~~		\| income_year = 2022
	\| ~~operating_income~~ = {{decrease}} ~~LKR 676~~ million		\| net_income = {{decrease}} LKR1,951 million
	\| ~~income_year~~ = ~~2021~~		\| net_income_year = 2022
	\| ~~net_income~~ = {{decrease}} ~~LKR 652~~ million		\| assets = {{decrease}} LKR30,447 million
	\| ~~net_income_year~~ = ~~2021~~		\| assets_year = 2022
			\| equity = {{decrease}} LKR20,880 million
⚫	\| owner = {{Unbulleted list\|Akbar Brothers Pvt Ltd. (35.69%)\|Hirdaramani Pvt Ltd. (20.67%)\|Debug Investments Pvt Ltd. (11.40%)}}
			\| equity_year = 2022
		⚫	\| owner = {{Unbulleted list\|Akbar Brothers Pvt Ltd. (35.91%)\|Hirdaramani Pvt Ltd. (20.67%)\|Debug Investments Pvt Ltd. (12.14%)}}
	\| subsid =		\| subsid =
	\| num_employees =		\| num_employees = 150
	\| num_employees_year =		\| num_employees_year = 2022
	\| parent =
	\| website = {{URL\|https://windforce.lk}}		\| website = {{URL\|https://windforce.lk}}
	\| footnotes = <ref ~~name="financial statements"~~>{{cite web \|title=~~Interim~~ ~~condensed financial statements~~ 2021 \|url=https://cdn.cse.lk/cmt/upload_report_file/~~2173_1628850431210~~.pdf \|website=cse.lk \|publisher=WindForce PLC \|access-date=21 ~~August~~ ~~2021~~}}</ref>		\| footnotes = <ref>{{cite web \|title=Annual Report 2021/22 \|url=https://cdn.cse.lk/cmt/upload_report_file/2173_1656397092153.pdf \|website=cse.lk \|publisher=WindForce PLC \|access-date=7 July 2022}}</ref>
	}}		}}
	'''WindForce PLC''' is the largest [[renewable energy]] private sector company in [[Sri Lanka]].<ref name="dailymirror.lk">{{cite news \|last1=Fernando \|first1=Nishel \|title=Windforce plans Rs.3.2bn IPO on CSE \|url=https://www.dailymirror.lk/business-news/Windforce-plans-Rs-3-2bn-IPO-on-CSE/273-206039 \|access-date=21 August 2021 \|work=dailymirror.lk \|publisher=[[Wijeya Newspapers]] \|date=18 February 2021}}</ref> The company was incorporated in 2010 and in 2021 was listed on the [[Colombo Stock Exchange]]. The company commission, construct and operate power plants and generate power through [[wind power\|wind]], [[solar power\|solar]] and [[hydropower]].<ref name="ft.com" />		'''WindForce PLC''' is the largest [[renewable energy]] private sector company in [[Sri Lanka]].<ref name="dailymirror.lk">{{cite news \|last1=Fernando \|first1=Nishel \|title=Windforce plans Rs.3.2bn IPO on CSE \|url=https://www.dailymirror.lk/business-news/Windforce-plans-Rs-3-2bn-IPO-on-CSE/273-206039 \|access-date=21 August 2021 \|work=dailymirror.lk \|publisher=[[Wijeya Newspapers]] \|date=18 February 2021}}</ref> The company was incorporated in 2010 and in 2021 was listed on the [[Colombo Stock Exchange]]. The company commission, construct and operate power plants and generate power through [[wind power\|wind]], [[solar power\|solar]] and [[hydropower]].<ref name="ft.com" />

Chanakal: add power plants

2022-01-01T11:06:46Z

add power plants

@@ Line 47: / Line 47: @@
 ==Operations==
 The company is an [[independent power producer]] with an [[installed capacity]] of 218 [[megawatts]].<ref name="ft.com">{{cite web |title=Windforce Ltd |url=https://markets.ft.com/data/equities/tearsheet/profile?s=WIND.N0000:CSE |website=ft.com |publisher=[[Financial Times]] |access-date=21 August 2021}}</ref> 77% of the effective capacity is based in Sri Lanka and the rest is based in Pakistan, Ukraine and Uganda.<ref name="dailymirror.lk" /> The company operates 27 power plants.<ref name="LMD">{{cite news |title=WindForce |url=https://lmd.lk/windforce/ |access-date=21 August 2021 |work=LMD |publisher=Media Services (Private) Limited |date=4 March 2021}}</ref> Seven of the plants are wind power plants while 10 is solar plants and the other 10 are mini-hydropower plants.<ref name="ft.lk">{{cite news |title=Windforce IPO twice oversubscribed at retail level itself |url=https://www.ft.lk/front-page/Windforce-IPO-twice-oversubscribed-at-retail-level-itself/44-715718 |access-date=21 August 2021 |work=ft.lk |publisher=[[Wijeya Newspapers]] |date=1 April 2021}}</ref> The company is planned to develop a solar power plant in Cameroon and is looking for opportunities in Bangladesh and Africa.<ref name="Sunday Observer" />
 ==See also==

Chanakal: add nav template

2021-12-29T17:21:19Z

add nav template

← Previous revision		Revision as of 17:21, 29 December 2021
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	==External links==		==External links==
	* [https://www.windforce.lk/ Official website]		* [https://www.windforce.lk/ Official website]

			{{All Share Price Index}}

	[[Category:2010 establishments in Sri Lanka]]		[[Category:2010 establishments in Sri Lanka]]

Chanakal: disamb

2021-08-21T21:30:15Z

disamb

← Previous revision		Revision as of 21:30, 21 August 2021
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	===IPO===		===IPO===
	In 2021, through an [[initial public offering]] (IPO), the company was planned to raise up to [[Sri Lankan rupee\|LKR]]3.2 billion by offering a stake of 15% in the company. With the capital raised through the IPO the company is planning to build a 15MW wind plant in [[Mannar]], Sri Lanka and a 30MW solar plant with 7.5MW battery storage in Senegal. The company is expected to become the largest renewable energy company, exceeding the second-placed company by over five times.<ref name="dailymirror.lk" /> WindForce's IPO was the largest since in 2011 in the Colombo Stock Exchange. It attracted 1,654 applications amounting to LKR25.7 billion, [[Subscription (finance)\|oversubscribing]] by nearly eight times on the first day of the IPO.<ref name="Sunday Observer" />		In 2021, through an [[initial public offering]] (IPO), the company was planned to raise up to [[Sri Lankan rupee\|LKR]]3.2 billion by offering a stake of 15% in the company. With the capital raised through the IPO the company is planning to build a 15MW wind plant in [[Mannar, Sri Lanka]] and a 30MW solar plant with 7.5MW battery storage in Senegal. The company is expected to become the largest renewable energy company, exceeding the second-placed company by over five times.<ref name="dailymirror.lk" /> WindForce's IPO was the largest since in 2011 in the Colombo Stock Exchange. It attracted 1,654 applications amounting to LKR25.7 billion, [[Subscription (finance)\|oversubscribing]] by nearly eight times on the first day of the IPO.<ref name="Sunday Observer" />

	===Post-IPO trading===		===Post-IPO trading===

Chanakal: create article

2021-08-21T20:59:43Z

create article

New page

{{about|the Sri Lankan renewable energy company called "WindForce PLC"|the measure of wind speed|Beaufort scale}}
{{Infobox company
| name = WindForce
| former_name = WindForce Limited
| logo =
| logo_size =
| type = [[Public company|Public]]
| traded_as = {{Colombo Stock Exchange|WIND.N0000}}
| ISIN =
| industry = {{Unbulleted list|[[Utility industry]]|[[Renewable energy]]}}
| fate =
| predecessor =
| successor =
| founded = {{Start date and age|2010}}<ref name="wsj.com">{{cite web |title=Windforce Ltd. |url=https://www.wsj.com/market-data/quotes/LK/XCOL/WINDN0000/company-people |website=[[wsj.com]] |publisher=[[Dow Jones & Company]] |access-date=21 August 2021}}</ref>
| founder =
| defunct =
| hq_location_city = [[Colombo]]
| hq_location_country = Sri Lanka
| area_served =
| key_people = {{Unbulleted list|R. P. Pathirana (Chairman)|A. A. Akbarally (Deputy Chairman)|K. B. M. I. Perera (Managing Director)}}
| products =
| revenue = {{decrease}} LKR 1,147 million
| revenue_year = 2021
| operating_income = {{decrease}} LKR 676 million
| income_year = 2021
| net_income = {{decrease}} LKR 652 million
| net_income_year = 2021
| owner = {{Unbulleted list|Akbar Brothers Pvt Ltd. (35.69%)|Hirdaramani Pvt Ltd. (20.67%)|Debug Investments Pvt Ltd. (11.40%)}}
| subsid =
| num_employees =
| num_employees_year =
| parent =
| website = {{URL|https://windforce.lk}}
| footnotes = <ref name="financial statements">{{cite web |title=Interim condensed financial statements 2021 |url=https://cdn.cse.lk/cmt/upload_report_file/2173_1628850431210.pdf |website=cse.lk |publisher=WindForce PLC |access-date=21 August 2021}}</ref>
}}
'''WindForce PLC''' is the largest [[renewable energy]] private sector company in [[Sri Lanka]].<ref name="dailymirror.lk">{{cite news |last1=Fernando |first1=Nishel |title=Windforce plans Rs.3.2bn IPO on CSE |url=https://www.dailymirror.lk/business-news/Windforce-plans-Rs-3-2bn-IPO-on-CSE/273-206039 |access-date=21 August 2021 |work=dailymirror.lk |publisher=[[Wijeya Newspapers]] |date=18 February 2021}}</ref> The company was incorporated in 2010 and in 2021 was listed on the [[Colombo Stock Exchange]]. The company commission, construct and operate power plants and generate power through [[wind power|wind]], [[solar power|solar]] and [[hydropower]].<ref name="ft.com" />

==History==
The company is incorporated in July 2010 and listed on the Colombo Stock Exchange in 2021.<ref name="Sunday Observer">{{cite news |title=WindForce to expand local and overseas footprint |url=http://www.sundayobserver.lk/2021/04/25/business/windforce-expand-local-and-overseas-footprint |access-date=21 August 2021 |work=[[Sunday Observer (Sri Lanka)|Sunday Observer]] |publisher=[[Associated Newspapers of Ceylon]] |date=25 April 2021}}</ref>

===IPO===
In 2021, through an [[initial public offering]] (IPO), the company was planned to raise up to [[Sri Lankan rupee|LKR]]3.2 billion by offering a stake of 15% in the company. With the capital raised through the IPO the company is planning to build a 15MW wind plant in [[Mannar]], Sri Lanka and a 30MW solar plant with 7.5MW battery storage in Senegal. The company is expected to become the largest renewable energy company, exceeding the second-placed company by over five times.<ref name="dailymirror.lk" /> WindForce's IPO was the largest since in 2011 in the Colombo Stock Exchange. It attracted 1,654 applications amounting to LKR25.7 billion, [[Subscription (finance)|oversubscribing]] by nearly eight times on the first day of the IPO.<ref name="Sunday Observer" />

===Post-IPO trading===
The company declared an interim dividend for the financial year 2021/22, which corresponds to a LKR0.75 dividend per share [[Dividend yield|yielding]] a 4.75% return. WindForce acquired 33.3% of stake in Solar Universe (Pvt) Ltd, a solar power plant in [[Vavunathivu]]. Vidullanka PLC and HiEnergy Services (Pvt) Ltd are the other two stakeholders of the plant and will add 10MW to the [[Electrical grid|National Grid]] annually.<ref name="dailynews.lk">{{cite news |title=WindForce, Vidullanka and HiEnergy to add 10MW solar energy to National Grid |url=https://www.dailynews.lk/2021/04/20/business/247010/windforce-vidullanka-and-hienergy-add-10mw-solar-energy-national-grid |access-date=21 August 2021 |work=dailynews.lk |publisher=[[Associated Newspapers of Ceylon]] |date=10 April 2021}}</ref> The company acquired a 500 tons per day [[waste to energy]] plant from Fairway Holdings,<ref name="LBO">{{cite news |title=WindForce declares over 1 bn dividends with a strong performance |url=https://www.lankabusinessonline.com/windforce-declares-over-1-bn-dividends-with-a-strong-performance/ |access-date=21 August 2021 |work=lankabusinessonline.com |publisher=Lanka Business Online (PVT) LTD |date=4 June 2021}}</ref> the company acquired 92.5 per cent of the stake. The [[Colombo South Waste Processing Facility|plant]] is located in Karadiyana, 15km from Colombo.<ref name="adaderana.lk">{{cite news |title=WindForce to develop Karadiyana Waste to Energy Power Plant |url=http://bizenglish.adaderana.lk/windforce-to-develop-karadiyana-waste-to-energy-power-plant/ |access-date=21 August 2021 |work=adaderana.lk |publisher=[[Ada Derana]] |date=24 May 2021}}</ref> In June 2021, the company received the Cabinet approval to build the planned wind power plants in Mannar.<ref name="economynext.com">{{cite news |title=Sri Lanka cabinet clears Windforce plant in high-wind Mannar |url=https://economynext.com/sri-lanka-cabinet-clears-windforce-plant-in-high-wind-mannar-83066/ |access-date=21 August 2021 |work=economynext.com |publisher=Echelon Media (PVT) Ltd. |date=16 June 2021}}</ref>

==Operations==
The company is an [[independent power producer]] with an [[installed capacity]] of 218 [[megawatts]].<ref name="ft.com">{{cite web |title=Windforce Ltd |url=https://markets.ft.com/data/equities/tearsheet/profile?s=WIND.N0000:CSE |website=ft.com |publisher=[[Financial Times]] |access-date=21 August 2021}}</ref> 77% of the effective capacity is based in Sri Lanka and the rest is based in Pakistan, Ukraine and Uganda.<ref name="dailymirror.lk" /> The company operates 27 power plants.<ref name="LMD">{{cite news |title=WindForce |url=https://lmd.lk/windforce/ |access-date=21 August 2021 |work=LMD |publisher=Media Services (Private) Limited |date=4 March 2021}}</ref> Seven of the plants are wind power plants while 10 is solar plants and the other 10 are mini-hydropower plants.<ref name="ft.lk">{{cite news |title=Windforce IPO twice oversubscribed at retail level itself |url=https://www.ft.lk/front-page/Windforce-IPO-twice-oversubscribed-at-retail-level-itself/44-715718 |access-date=21 August 2021 |work=ft.lk |publisher=[[Wijeya Newspapers]] |date=1 April 2021}}</ref> The company is planned to develop a solar power plant in Cameroon and is looking for opportunities in Bangladesh and Africa.<ref name="Sunday Observer" />

==See also==
* [[List of Sri Lankan public corporations by market capitalisation]]

==References==
{{Reflist}}

==External links==
* [https://www.windforce.lk/ Official website]

[[Category:2010 establishments in Sri Lanka]]
[[Category:Energy companies established in 2010]]
[[Category:Renewable energy companies of Asia]]
[[Category:Companies listed on the Colombo Stock Exchange]]
[[Category:Electric power companies of Sri Lanka]]