Resus Energy PLC said two subsidiaries have submitted bids within the qualifying price range to install 16 MW (64 MWh) of battery energy storage systems under a government tender; estimated equity needed is Rs 650-800 million and awards are pending.
Colombo Stock Exchange morning trade saw the ASPI fall 0.21% to 20,898.92 with market turnover at 143.28 million rupees; banks led turnover. Resus Energy said two subsidiaries' bids for 16 MW / 64 MWh battery energy storage systems integrated with solar plants were awarded, with equity needs of 650-800 million rupees.
Resus Energy PLC commissioned a 2MW solar plant at Damana, Ampara and began commercial operations on 18 September 2026; the plant, developed by wholly-owned Resus Eastern Solar Ltd, is expected to supply ~3.5 GWh/year to the national grid. It expands the group's renewable energy portfolio.
Resus Energy PLC has commissioned a solar power plant in Damana, Ampara developed by its wholly owned subsidiary Resus Eastern Solar (Pvt) Ltd, expected to generate about 3.5 GWh of electricity annually to Sri Lanka's national grid. The facility expands the Group's renewable energy portfolio.
Renewable Energy
EconomyNext·Sep 21, 2026·Capacity or capexPositive
Resus Energy Plc (HPWR.N0000) commissioned a 2MW solar power plant in Damana, Ampara, with commercial operations starting on September 18; the plant is expected to supply about 3.5 GWh annually to the national grid. Shares closed at Rs 8.70, down 1.14%.
Colombo stocks were flat as the ASPI rose 0.01% to 21,347.36 with turnover of Rs 89.95m; capital goods led turnover at Rs 29.94m. Resus Energy notified a minor reallocation of its Green Bond 2025 proceeds and its shares fell 1.16% to Rs 8.50.