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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

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