Vidullanka, David Pieris Group lowest bidders for 50MW Mullikulam wind project

Wednesday, 29 October 2025 04:49 - - {{hitsCtrl.values.hits}}

Vidullanka yesterday said that it, together with its consortium partner David Pieris Group, has emerged as the lowest-cost bidder for the 50-megawatt Mullikulam Wind Power Project, marking a significant step toward securing the contract for the large-scale renewable energy initiative.

The company said the determination as the lowest bidder represents a key milestone in its efforts to expand its renewable energy portfolio.

While the final award of the contract is still pending, Vidullanka’s Board of Directors described the outcome as price-sensitive information with direct relevance to the company’s future operations, potential material contracts, and long-term financial prospects.

The company said it would make further announcements once the formal contract award is received, material agreements are executed, or additional developments arise in the tender process.

Vidullanka also noted that the statements made regarding the potential contract award are forward-looking and depend on final awarding procedures, regulatory approvals, and negotiations of final terms.