In keeping with the declared aim of the Government of Sri Lanka (GOSL) to make the country self-sufficient in sugar, a World Bank study was undertaken in 1978 to identify areas in the Moneragala District of Sri Lanka which was considered to be suitable for rain-fed sugar cane cultivation.

Booker Tate Ltd - BTL (formerly known as Booker Agriculture International Ltd. - BAI) were invited to carry out a feasibility study and they conducted a comprehensive study within a year and submitted their report in 1980.The conclusion of the study was that a viable sugar estate could be established at Pelwatte under rain fed conditions. The proposal was accepted by GOSL.

Accordingly Pelwatte Sugar Company Ltd was established in 1981. The first Board meeting of the newly formed Pelwatte Sugar Company was held on the 30th December 1981.BAI was appointed as corporate managers designate and began to implement the project in 1982.

 

 

 

The formal opening of the factory took place on 9th June 1986 by, His Excellency J.R. Jayewardene, the President of Sri Lanka.

 

A factory commissioning trial was successfully undertaken in March 1986 and commercial operations commenced on 2nd June 1986.

 

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