Lake Parangana is a Hydro Tasmania lake near Liena, north west Tasmania. The Lake is six kilometres/4 miles south of Liena, and 40 kilometres/25 miles west of Deloraine.
Lake Parangana is a popular location for boating and fly fishing. The Lake offers excellent trout fishing, there are camping and picnic areas and boat launch facilities. South from Lake Parangana, past the Mersey White Water Forest Reserve and kayak course, you will find Lake Rowallan, which is the starting point for walking tracks into the nearby highland regions.
Lake Parangana forms part of the Mersey-Forth Catchment – a system of lakes created by Hydro Tasmania for the generation of electricity. There are a total of seven power stations in this catchments system, contributing about 15.8 percent of Tasmania’s energy needs.