Cleantech

What Cleantech does

Cleantech (Pvt) Ltd. is a Sri Lanka-based integrated waste management and environmental solutions company founded in 1998 and operating as the environmental management arm of the Abans Group, one of Sri Lanka's largest diversified conglomerates. Headquartered at No. 141, Kirula Road, Colombo 05, the company operates a national network spanning 22 cities, processing over 100,000 tons of waste annually through a 100+ vehicle fleet, Material Recovery Facilities, and neighborhood Sampath Piyasa collection centers. Its 81 employees serve millions of households and a portfolio of municipal councils, large corporates, telecom operators, and diplomatic clients.

The company's core technology is a proprietary five-stage circular economy process — Collection, Segregation, Extraction, Production, Consumption — that converts post-consumer plastic, paper, metal, and e-waste into sellable recycled materials such as plastic pellets. Its product portfolio is organized into four service lines: Solid Waste Management and City Cleaning, Hygiene Management (mobile toilets, portable showers, sanitation, and industrial fluid waste under the HydroTech brand), Urban Space Solutions (tree care, landscaping), and Waste to Value (Circular Economy / Recycling Services), with a recently added Clean Energy Solutions line. Cleantech holds ISO 14001, the first Good Plastic Standard GP 5040:2025 certification in Sri Lanka, BASEL Convention clearance for cross-border e-waste export, an Environmental Protection Licence, and a Scheduled Waste Management Licence from the Central Environmental Authority.

Cleantech generates revenue through recurring municipal and government service contracts, corporate and enterprise waste management agreements, recycling material sales (plastic pellets, paper, metal, e-waste processing fees), and rental/service fees for hygiene, sanitation, and urban space solutions. Go-to-market is direct enterprise and government field sales supported by strategic partnerships with John Keells, MAS Holdings, Hayleys, Dialog Axiata, SLT-Mobitel, Havelock City Mall, Cinnamon Hotels, UNDP, and the CEA. The company is privately held under Abans Group, led by CEO Rukitha Nanayakkara, and has no disclosed external institutional investment.

Name

Cleantech

Legal name

Cleantech Pvt Ltd.

Website

https://cleantech.lk

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

51–100 employees

Short description

Cleantech (Pvt) Ltd. is a Sri Lanka-based integrated waste management company and environmental arm of the Abans Group, serving municipal councils, large corporates, and households across 22 cities with solid waste collection, hygiene services, urban space solutions, and circular economy recycling of plastic, paper, metal, and e-waste.

Ownership category

akta.pro rank

Product category

Integrated Waste Management Services

NAICS

Waste Collection (5621), Solid Waste Collection (562111), Hazardous Waste Treatment and Disposal (562211), All Other Waste Management Services (56299)

SIC

Refuse Systems (4953), Hazardous Waste Management (4955), Sanitary Services (4950)

akta.pro industry

PRIMARYEUAIAGAA

Commercial & Office Waste Collection (Non-hazardous)

Energy, Utilities & Environment/Environmental Services (Waste Management, Recycling & Remediation)/Industrial & Commercial Waste Services (Non-hazardous, Specialized Streams)

SECONDARYEUAIABAG

E-waste & Universal Waste Collection/Transfer (Electronics, Lamps, Batteries)

Energy, Utilities & Environment/Environmental Services (Waste Management, Recycling & Remediation)/Transfer Stations & Material Handling

SECONDARYEUAIAKAM

Plastic Recycling Equipment & Technology Providers (Sorting, Washing, Extrusion)

Energy, Utilities & Environment/Environmental Services (Waste Management, Recycling & Remediation)/Plastic Recycling (Mechanical & Chemical/Advanced)

SECONDARYBPABALAE

Hazardous Waste & Universal Waste Handling (Batteries, Lamps, Aerosols)

Business & Public Services/Facilities Management & Building Services/Waste, Recycling & Sustainability Programs (On-site)

Keywords

• Waste management services
• Solid waste collection
• Circular economy recycling
• E-waste management
• Urban sanitation services

Headquarters

HQ city

Colombo

HQ country

Sri Lanka

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Solid Waste Management Services: Collection, transportation, and management of solid waste for households and commercial entities. Revenue generated through service contracts with municipal councils, businesses, and institutions.
2. Hygiene Management Services: Mobile toilets, portable showers, sanitation services, water supply, and drainage cleaning for events, construction sites, and commercial properties. Revenue from rental and service contracts.
3. Circular Economy / Recycling Services: Processing of plastic, paper, metal, and e-waste through material recovery facilities. Revenue generated from material processing fees and sale of recycled materials (pellets, fragments).
4. Urban Space Solutions: Tree care, landscaping, and urban gardening services for commercial and government clients.
5. E-Waste Management Services: Authorised e-waste collector and recycler providing secure data destruction and electronic waste handling for corporate clients. Licensed by Central Environmental Authority with BASEL clearance for export.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Cleantech provides integrated waste management services across Sri Lanka, covering solid waste collection and city cleaning, hygiene management (mobile toilets, sanitation, fluid waste handling), urban space solutions (tree care, landscaping), and circular economy recycling services for plastic, paper, metal, and e-waste. The company serves municipal councils, large corporates, and institutional clients through a 22-city operational network, handling over 100,000 tons of waste annually.

Product overview

Cleantech is a comprehensive waste management and environmental solutions provider offering integrated services across multiple verticals. The core portfolio consists of four main service lines: Solid Waste Management and City Cleaning, Hygiene Management (Fluid Waste Management and Mobile Toilets via HydroTech brand), Urban Space Solutions (Tree Care and Gardening), and Waste to Value Solutions (Circular Economy Services/Recycling). Supporting infrastructure includes Sampath Piyasa collection centers and Material Recovery Facility Tissamaharama. The company operates recycling and collection centers in 22 cities across Sri Lanka, processing plastic, paper, metal, and e-waste through collection, segregation, extraction, and production stages to transform waste into valuable resources.

Differentiator

Problem solved

Functional benefit

Products and services

• Solid Waste Management and City Cleaning Comprehensive solid waste collection, transportation, and city cleaning services for households, commercial areas, and municipal clients across Sri Lanka.
• Fluid Waste Management and Mobile Toilets (HydroTech) Hygiene management services including mobile toilets, portable showers, sanitation services, drainage cleaning, and industrial fluid waste handling, operated through the HydroTech brand for events, construction sites, and commercial properties.
• Tree Care and Gardening Solutions (Urban Space Solutions) Urban space management services including tree trimming, pruning, debris removal, landscaping, and urban gardening for commercial and government clients.
• Circular Economy Services (Recycling Services) Waste-to-value solutions transforming waste into reusable resources through a proprietary 5-step circular economy process covering plastic, paper, metal, and e-waste recycling across facilities in 22 cities.
• E-Waste Management Services Authorised e-waste collection and recycling services including secure data destruction and electronic waste handling for corporate clients, with BASEL clearance for export to Japan and Europe.

Quantifiable outcome

• First company in Sri Lanka to achieve Good Plastic Standard GP 5040:2025 certification for recycled plastic output quality and sustainability.
• +3 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

16 partnerships are on record, tiered core, minor and major.

• Ind-Expo Certification Ltd.coreTechnology or Integration · 7 January 2026Ind-Expo Certification Ltd. awarded Cleantech the Good Plastic Standard GP 5040:2025 certification as the premier certification and training body for industries in Sri Lanka. The certification validates Cleantech's recycled plastic quality and sustainability standards.
• South Asia Co-operative Environment Programme (SACEP)minorStrategic or Co-development Partner · 7 January 2026SACEP participated in the Good Plastic Standard certification ceremony for Cleantech, supporting environmental cooperation across South Asia.
• Dialog AxiatacoreStrategic or Co-development Partner · 7 January 2024Cleantech partnered with Dialog Axiata for the e-Kunu e-waste management program. Cleantech serves as authorised e-waste collector and recycler under this partnership, enabling Dialog customers to responsibly dispose of electronic waste. The partnership includes a Memorandum of Understanding (MoU) for joint environmental sustainability initiatives and responsible e-waste management in Sri Lanka.
• Institute of Environmental Professionals Sri Lanka (IEPSL)minorStrategic or Co-development Partner · 5 June 2021Partnership with IEPSL for environmental initiatives including the World Environment Day 2021 beach clean-up campaign, demonstrating commitment to community environmental action.
• John Keells HoldingsmajorStrategic or Co-development PartnerStrategic partnership for collaborative environmental solutions and sustainability initiatives. John Keells Holdings is one of Sri Lanka's largest conglomerates, and the partnership positions Cleantech as a preferred environmental services provider.
• Abans GroupcoreStrategic or Co-development PartnerCleantech is the environmental management arm of the Abans Group, one of Sri Lanka's largest diversified conglomerates. This is a parent-subsidiary relationship providing Cleantech with strong corporate backing and cross-selling opportunities.
• UNDP (United Nations Development Programme)majorStrategic or Co-development PartnerStrategic partnership with the United Nations Development Programme supporting environmental and sustainability initiatives in Sri Lanka. The UNDP partnership enhances Cleantech's credibility and aligns with international development goals.
• Central Environmental Authority (CEA) Sri LankamajorStrategic or Co-development PartnerPartnership with Sri Lanka's regulatory body for environmental protection. The CEA is also a licensor for Cleantech's Scheduled Waste Management operations, creating a close regulatory and operational relationship.
• MAS HoldingsmajorStrategic or Co-development PartnerStrategic partnership with MAS Holdings, one of Sri Lanka's largest apparel and textile manufacturers, for waste management and sustainability solutions.
• Hayleys GroupmajorStrategic or Co-development PartnerPartnership with Hayleys, a leading diversified conglomerate in Sri Lanka, for collaborative environmental management and sustainability solutions.
• SLT-MobitelminorStrategic or Co-development PartnerStrategic partnership with Sri Lanka Telecom and Mobitel for environmental services and sustainability initiatives.
• Havelock City MallminorStrategic or Co-development PartnerPartnership with Havelock City Mall, one of Colombo's major shopping destinations, for waste management and urban hygiene services.
• Island Climate Initiative (ICI)majorOthersICI conceived the Good Plastic Standard framework and partnered with Cleantech as the first certified recycler in Sri Lanka, supporting the development of domestic circular economy standards.
• London Stock ExchangeminorOthersListed partner relationship as shown in company logo display, indicating potential listing or regulatory relationship with the London Stock Exchange Group.
• Road Development Authority Sri LankaminorStrategic or Co-development PartnerPartnership with the Road Development Authority for urban infrastructure and environmental management projects in Sri Lanka.
• Cinnamon Hotels and ResortsminorStrategic or Co-development PartnerPartnership with Cinnamon Hotels and Resorts (part of John Keells Holdings) for hospitality waste management and sustainability services.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Biffa: UK-based waste management company providing collection, recycling, and disposal services. Comparable in municipal and commercial waste collection plus recycling, with similar mid-tier scale and integrated platform approach.
• Suez: Global environmental services and water management major with integrated waste collection, recycling, and circular economy services. Comparable to Cleantech across the full service portfolio, though operating at vastly greater scale across multiple continents.
• Veolia: World leader in environmental services including waste management, recycling, and hazardous waste handling. Directly comparable in integrated waste management and circular economy services, with broader geographic reach and resource recovery capabilities.
• Republic Services: Second-largest waste management company in North America providing recycling, solid waste, and yard waste services. Comparable municipal and commercial collection franchise, with deeper recycling and circular economy positioning.
• Stericycle: Specialized waste management services company focused on regulated waste streams including medical, hazardous, and secure data destruction. Comparable to Cleantech's scheduled waste licence and e-waste data destruction capabilities.
• Waste Management, Inc. Largest waste management company in North America offering collection, recycling, and disposal services. Comparable in core solid waste collection and recycling services, though geographically focused on the US and Canada.
• Cleanaway: Australia's largest waste management company providing solid waste, liquid waste, and recycling services. Comparable integrated service model and municipal contract structure, with similar scale characteristics.
• Renewi: European waste-to-product company operating across waste collection, recycling, and material recovery. Comparable in circular economy positioning and integrated waste-to-value service model.

Regional players

• Ramky Enviro: Leading Indian integrated waste management and environmental services company operating across hazardous waste, municipal solid waste, recycling, and e-waste. Closest regional peer, with comparable service portfolio and emerging market operating context.
• Attero: India's largest e-waste and hazardous waste recycler with formal regulatory licenses. Comparable to Cleantech's e-waste management and BASEL-cleared export operations, though focused solely on e-waste rather than integrated services.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@cleantechlanka1405
• Facebookfacebook.com/cleantechlanka
• LinkedInlinkedin.com/company/cleantechlk
• Instagraminstagram.com/cleantech_lk

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cleantech