IMS Holdings

Norwegian IMS Group AS purchased all shares of Swedish JOWA AB, a supplier of marine environmental protection equipment including water treatment systems. The transaction took place on 30 April 2024.

Beijing Full Dimension Power Tech, Nanjing Turbine and Electric Machinery Group, and Sri Lanka's IMS Holdings signed a JV to construct a dendro power plant in Moneragala district, Sri Lanka. The plant will have six biomass boilers and three steam turbine generators, generating about 70,000 MWh per year. Operations expected by end-September 2018.

Sri Lanka and China signed a joint venture agreement to construct Sri Lanka's largest dendro power plant in Moneragala. The plant will produce 70,000 megawatts of renewable energy per year and is expected to start operation by the end of September.