Company filings, disclosures and news on Vidullanka PLC (VLL), Alternative Power Generation on the Colombo Stock Exchange, tagged by theme and scored for sentiment.
WindForce PLC's six project companies submitted winning bids to add a combined 28.25 MW/143.75 MWh of battery storage to existing solar plants, with WindForce's equity investment estimated at about Rs. 944 million. The formal awards, regulatory approvals and agreements are still pending.
Vidullanka PLC's project companies submitted winning bids to add 93 MWh (18.7 MW) of battery storage across four solar plants, with Vidullanka's equity share estimated at about Rs. 600 million. The awards are subject to Letters of Award, regulatory approvals and final agreements.
Colombo Stock Exchange opened higher as the ASPI rose 30.69 points to 21,068.04 (up 0.15%); market turnover was 57.56 million rupees. Vidullanka said project companies it holds equity in won bids to install 18.7 MW/93 MWh of BESS, with its estimated equity share about 600 million rupees.
Renewable Energy
EconomyNext·Sep 28, 2026·Capacity or capexPositive
Vidullanka PLC said project companies in which it holds equity submitted winning bids to develop 18.7 MW/93 MWh of battery energy storage integrated with existing ground-mounted solar plants; Vidullanka's estimated equity share is about Rs 600 million, with final awards and approvals pending.
Colombo stocks opened higher as the ASPI rose 0.15% to 21,068.04 with turnover Rs57.56m. Market positive contributors included LOFC, HAYL, DIAL and COMB while SEMB, MELS and HHL fell; VLL said its project firms won bids to build 18.7MW/93MWh BESS with VLL equity share ~Rs600m.
Vidullanka PLC-led consortium emerged as the lowest-cost bidder (approx. Rs. 5 billion) for the construction of a 132 kV transmission line under a JICA-funded programme; the contract award remains subject to technical evaluations and formal issuance of the Letter of Award.
Construction Activity
Ada Derana·Sep 22, 2026·Major contract or orderPositive
Vidullanka PLC, in a consortium with India's Skipper Limited, emerged as the lowest bidder for a JICA-funded LKR 5.0 billion 132 kV transmission line project in Sri Lanka. The 18-month contract would see Vidullanka lead local execution and project management, marking its entry into high-voltage transmission construction pending technical clearance and an LOA.
Construction ActivityRenewable Energy
EconomyNext·Sep 22, 2026·Major contract or orderPositive
Vidullanka PLC said a consortium with India's Skipper emerged as the lowest bidder for a Rs5.0 billion 132 kV transmission line project under the JICA-funded network development programme. Final award is subject to technical evaluation and issuance of a Letter of Award; implementation is estimated at 18 months with Vidullanka to handle local execution.
WindForce PLC and Vidullanka PLC inaugurated a 10 MW/40 MWh grid-scale standalone BESS in Anuradhapura, the first of 13 projects that together will provide 130 MW/520 MWh of storage. WindForce also commissioned a 5 MW floating solar plant (≈9 GWh/yr), raising its renewable capacity to ~268 MW.
WindForce PLC commissioned a 10 MW/40 MWh grid-scale battery storage system and a 5 MW floating solar plant, raising its generation capacity to about 268 MW. The BESS, Sri Lanka's first standalone grid-scale battery, was developed via StoreX (a JV with Vidullanka PLC) and the floating solar (owned by WindForce's Diyajanani) is expected to generate ~9 GWh/year.
Renewable Energy
EconomyNext·Sep 18, 2026·Capacity or capexPositive
WindForce and Vidullanka commissioned a 10 MW/40 MWh grid-scale BESS in Anuradhapura (the first of 13 Storex facilities) and a 5 MW floating solar plant; WindForce said the floating plant will generate ~9 GWh/year and raises its renewable capacity to about 268 MW.
WindForce PLC commissioned a 10 MW/40 MWh grid-scale BESS in Anuradhapura and a 5 MW floating solar plant, lifting its total renewable capacity to about 268 MW. The BESS is the first of 13 facilities totalling 130 MW/520 MWh and the floating solar is expected to generate ~9 GWh/year.
Vidullanka PLC, with partner WindForce, inaugurated its first grid-scale Battery Energy Storage System (10MW/40MWh) in Anuradhapura today, the first of 13 BESS projects totaling 130MW/520MWh. Vidullanka is also commissioning its eighth ground-mounted solar to bring capacity to 96MW and reported FY25/26 revenue Rs3.8bn, PAT Rs1.55bn.
Vidullanka PLC subscribed to 1,000,000 ordinary shares in Vidul Biomass II Ltd for Rs.100 million as the first equity infusion toward its 6.6 MW (5 MW net) Medawachchiya Dendro Power Project. The project is estimated at $16.1m with total equity ~Rs.1,300m and commissioning targeted by mid-FY2027/28.
Colombo Stock Exchange indices edged up (ASPI +0.06% to 21,327.69) as Vidullanka subscribed Rs100 million in Vidul Biomass II to develop a 6.6MW Medawachchiya Dendro Power Project, with total cost $16.1m and a ~Rs1.3bn equity commitment.
Japan's ambassador urged Sri Lanka to pivot toward Southeast Asia and Japan and adopt an export-oriented industrial model, calling for forward-looking trade and investment policy, stronger domestic industrial policy and expanded renewable energy investment; he cited the National Export Development Plan 2026 and a proposed Sri Lanka-Japan Economic Corridor.
Colombo Stock Exchange closed down as the ASPI fell 0.38% (81.43 pts) to 21,542.23 with market turnover Rs 1.466 billion and insurance stocks leading turnover at Rs 339.59 million. Notable movers included HNB, Cargills, Vidullanka and NDB (gainers) and Ceylinco Insurance, Sampath and Nations Trust (laggards); NTB reconstituted its Board Audit Review Committee.
Colombo Stock Exchange indices were down midday, with the ASPI falling 0.36% to 21,544.91 and the S&P SL20 down 0.29% at 6,049.00; market turnover was 720.4 million rupees. Nations Trust Bank said it is seeking to raise 13.8 billion rupees via a rights issue priced at 305 rupees per share.
Vidullanka PLC said construction of its 10 MW Ranna Solar Power Project (Rs.1.8 billion), owned via 50%-held JV DPV Solar Energy Ltd., is complete and awaits EDL to energise the grid interconnection before commercial generation can start. Once commissioned the plant will add 10 MW of renewable capacity to the national grid.
The Sri Lanka-Japan Business Council held its 47th AGM; Athulla Edirisinghe was re-elected President and officers from Hayleys Advantis, Spear International and Prudential Shipping were elected to the committee. Japan's Ambassador urged an export-oriented industrial policy and expanded renewable energy investment, noting Japan's 'Power Asia' $10bn financing initiative.