Vidullanka moves to Main Board
Vidullanka PLC, incorporated in 1997 as a BOI approved company which
was listed in the 2nd board of the Colombo Stock Exchange in 2005, has
been listed under the main board of Colombo stock exchange with effect
from 15th October, 2008.
The company currently owns and operates two mini hydro projects that
supplies a total capacity of 5.2 MW to the Main Grid under a 15 year
Power Purchase Agreement with the Ceylon Electricity Board.
Vidul Construction a fully owned subsidiary engaged in construction
of mini hydro plants, hydraulic structures and water supply works was
incorporated in 2007.
This company was formed to maximise on the economies of scale and
expanded activities in the mini hydro industry.
Vidul Construction successfully commissioned the 600kwh Sheen Mini
Hydro Power Project owned by Elpitiya Plantations PLC on October10,
where Vidullanka PLC is an investment partner.
Vidul Construction has began preliminary work on the third mini hydro
project owned by Vidullanka which has a capacity of 1.2 MW