Laugfs acquires another mini-hydro for Rs.200mn

Laugfs Holdings PLC will be developing another mini-hydro power plant, following its full acquisition of shares in PAMS Power (Private) Limited for Rs.200 million last week. PAMS Power holds the rights to develop and operate a 2 Megawatt (MW) minihydro power plant project located in Kalaweldeniya, Polpitiya.