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LTL Holdings

Sri Lankan engineering company specialising in the power sector, formerly known as Lanka Transformers Limited.

Last updated September 10, 2026

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Overview

LTL Holdings is a Sri Lankan engineering company specialising in the power sector, offering manufacturing, heavy engineering, power generation and engineering services. Formerly known as Lanka Transformers Limited, it was founded in the 1980s and describes itself as the largest and most renowned engineering group of companies in Sri Lanka, with a presence in Sri Lanka, Bangladesh, India, Nepal and Singapore. Its activities include manufacturing and exporting transformers and switchgear, galvanising and steel fabrication, conventional and renewable power generation, and EPC and O&M services for power plants.

History

LTL Holdings, formerly known as Lanka Transformers Limited, was founded in the 1980s. In 1980 it commenced the local manufacturing of distribution transformers. It commenced galvanizing operations in 1991 and steel fabrication operations in 1996. In 1997 Lakdhanavi Limited commenced business as Sri Lanka's first Independent Power Producer (IPP) by commissioning a 24 MW medium speed diesel power plant. In 2002 it entered the renewable energy space by commissioning the 2.5 MW grid connected mini hydropower plant in Belihul Oya, Sri Lanka. In 2003 Lakdhanavi Limited, in partnership with Hemas Holdings PLC, secured a 100 MW thermal power project; it also commenced work on the 4 MW mini hydropower plant Assupiniella and commenced participating in international tenders for distribution transformers. In 2007 it commenced work on the largest thermal power plant in Sri Lanka at the time, Yugadhanavi, a 300 MW combined cycle power plant. In 2010 it entered Bangladesh via participation in an International Tender for Independent Power Producer (IPP) thermal power plants. In 2011 it commenced work on the 10 MW Pawandhanavi wind power plant in Kalpitiya. In 2013 it commissioned the 52 MW HFO power plant (Raj Lanka) in Rajshahi, Bangladesh, in which it was the sponsor, EPC and O&M Contractor. In 2014 it commissioned the 52 MW dual fuel power plant (Lakdhanavi Bangla) in Comilla, Bangladesh, in which it was the sponsor, EPC and O&M Contractor. In 2016 it ventured into the manufacture of s... [snippet truncated].

Products and positioning

Renowned as one of Sri Lanka's foremost engineering companies, specialising in the power sector.

Product categories. Transformers · Switchgear

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