Vidullanka, David Pieris consortium secure Mullikulam wind project Lot 2

Friday, 16 January 2026 00:00 - - {{hitsCtrl.values.hits}}

Vidullanka PLC said that it, together with consortium partner David Pieris Group, has received the formal Letter of Award from the Ceylon Electricity Board (CEB) for the development of Lot 2 of the Mullikulam Wind Power Project.

The company said the Letter of Award was issued on 14 January 2026, following an earlier disclosure dated 28 October 2025.

The project entails the construction and operation of a wind power plant with a total installed capacity of 50 MW for a period of 20 years on a Build, Own and Operate basis.

For the purpose of implementing the project, the consortium partners have incorporated a project company named Mullikulam Wind Power Ltd. The company said the shareholding of the project company is held equally, with a 50:50 split between the consortium members.

Vidullanka voting shares closed Wednesday unchanged at Rs. 23 while non-voting shares closed 10 cents on the up at Rs. 19.50.