Welcome to Mahaweli Coconut Plantations PLC
A Quarter Century of Harvesting Success
As we mark 25 years of plantation excellence, Mahaweli Coconut Plantations PLC celebrates a journey rooted in dedication, innovation, diversification and sustainable growth. From our humble beginnings in 1998, we have cultivated not just coconuts, but a legacy of quality, resilience, and community impact while adding value to the shareholders. Over the years, we have expanded our reach, embraced sustainable practices, and set benchmarks in the industry. This milestone demonstrates our dedication to harvesting success over past, present, and future.
Vision
“To be the leader in sustainable coconut farming in Sri Lanka, delivering excellence and innovation for a healthier, greener future”
Mission
“Our mission is to cultivate high-quality coconuts by leveraging sustainable agricultural practices, fostering innovation, and maintaining a strong commitment to the environment and local communities. We strive to deliver nutrient rich coconuts and high quality by products while generating long-term value for our stakeholders and contributing positively to the coconut industry."
Founding Vision
In the mid-1990s, a group of entrepreneurs involved in the desiccated coconut processing industry foresaw a potential shortage of coconuts due to the lack of a national strategy for plantation development. Their proactive approach led to productive discussions with policymakers, culminating in the establishment of a Company to undertake a large-scale plantation project on uncultivated land in the Mahaweli zone. The project used uncultivated leasehold land of 551.38 hectares in Pimburettewa Aralaganwila, in Polonnaruwa District, with the lease term ending in November 2028.
Initially conceived as a public-private joint venture, the project evolved into a Limited Liability Company with government support. Capital was raised from a special levy collected from desiccated coconut manufacturers, forming the share capital of MCPPLC. These manufacturers became shareholders in proportion to their export volumes.
Mahaweli Coconut Plantations PLC
Since its incorporation in 1996 and the commencement of plantation operations in 1998
Mahaweli Coconut Plantations PLC
MCPL
In 2022/23, MCPPLC diversified by starting a fibre substrate project and in 2023/24 we the Company managed to sell 103,315 kg of coco peat and 19,968 kg of coir to a local exporter
Mahaweli Coconut Plantations PLC
Welcome to Mahaweli Coconut Plantations PLC
Initially conceived as a public-private joint venture, the project evolved into a Limited Liability Company with government support.
Mahaweli Coconut Plantations PLC
Welcome to Mahaweli Coconut Plantations PLC
Mahaweli Coconut Plantations PLC (MCPPLC) is a Limited Liability Company domiciled in Sri Lanka
Mahaweli Coconut Plantations PLC
This milestone demonstrates our dedication to harvesting success over past, present, and future.
Mahaweli Coconut Plantations PLC
As we mark 25 years of plantation excellence
A Quarter Century of Harvesting Success
As we mark 25 years of plantation excellence, Mahaweli Coconut Plantations PLC celebrates a journey rooted in dedication, innovation, diversification and sustainable growth. From our humble beginnings in 1998, we have cultivated not just coconuts, but a legacy of quality, resilience, and community impact while adding value to the shareholders. Over the years, we have expanded our reach, embraced sustainable practices, and set benchmarks in the industry. This milestone demonstrates our dedication to harvesting success over past, present, and future.
Board of Directors
Mr. Senarath Dias Widhanaralalage Asitha
ChairmanMr. S.D.W. Asitha Gunasekera, is currently working as the Chairman/ Managing Director of Boyagane DC Mills (Pvt) Limited and Boyagane Apparels (Pvt) Limited.
Mr. Joseph Felix Fernandopulle
Managing Director & Chief Executive OfficerMr.J.F.Fernandopulle is a Fellow Member of the Institute of Chartered Accountants of Sri Lanka and Fellow Member of Certified Management Accountants of Sri Lanka.
Mr. Samankumara
Non-Executive Non-Independent DirectorMr. S D S Gunesekera is a Barrister-at-Law (ACT.) and a Director of Beligala Coconut Products (Pvt) Ltd.
Mr. Sunil Jayalath Watawala
Non-Executive Non-Independent DirectorFounder Chairman and Managing Director of MCPPLC and held office for 10 years in that capacity.
