Vidullanka’s Matara solar power plant adds another 3 MW of clean energy to national grid
Daily FT: Vidullanka PLC announced the commissioning of the 3 MW solar plant, constructed by its subsidiary Vidul Matara Solar Power Ltd. on 19 September. The new plant holds an installed capacity of 3 MW with the ability to export approximately 5.5 GWh of clean energy annually to the national grid.
This milestone brings Vidullanka’s total portfolio to 24 operational power plants with a combined installed capacity of 66 MW, further contributing to the achievement of the nation’s renewable energy targets.
The completion of this plant marks the first project concluded as per the 9MW awarded to the group through the CEB’s 70MW tender. This brings Vidullanka’s total solar plants commissioned for the year to a total of 3 with a cumulative capacity of 15MW, all commissioned within the span of three months. In addition, the group has a fourth solar project currently under development.
Driven by its vision to sustainably energise the planet, by building on renewable energy sources, the company is committed to advancing clean energy solutions that drive effective sustainable development.
OSL take:
Sri Lanka’s power industry, especially the renewable energy generation sector, has become a hotspot for business/investment opportunities given the country’s commitment to increasing the overall power mix to reflect 70% renewable energy. Sri Lanka’s renewable energy target has thereby opened many business/investment opportunities in the country’s renewable energy sector as well as ancillary sectors. The expansion and profits recorded by businesses that are already in the renewable energy sector and the interest shown by foreign businesses in entering the sector are all indicative of the increasing business potential in the sector. With Sri Lanka poised to become a regional hub, the country’s power industry, especially the renewable energy sector, would see a steady growth to meet the increasing demand.
| Article Code : | VBS/AT/20250925/Z_3 |