Vidullanka PLC

Vidullanka PLC

21.30
LKR
-0.40
(-1.84%)
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Riyaz Mohamed Sangani
Full Time Employees
305
Sector
Utilities
Industry
Electric utilities
Address
Colombo Sri Lanka
IPO Date
Jun 10, 2005
Business
Vidullanka PLC is a Sri Lanka-based renewable energy developer and independent power producer engaged in the generation, transmission, and supply of electrical energy through clean energy sources, as well as the provision of engineering, consultancy, and project management services. Founded in 1997 and headquartered in Colombo, Sri Lanka, the company operates across South Asia and East Africa, supplying grid-connected electricity primarily to state utilities such as the Ceylon Electricity Board in Sri Lanka and the Uganda Electricity Transmission Company Limited in Uganda, as well as providing distributed renewable solutions to commercial and industrial clients. The company operates through three principal business segments: Power Generation, Engineering, Procurement, Construction and Management (EPCM) Services, and Sustainable Energy Technologies. Its core product and service portfolio comprises small run-of-river hydropower generation; ground-mounted and floating solar photovoltaic power generation; commercial and industrial rooftop solar installation and maintenance; dendro and biomass power generation; comprehensive civil, mechanical, and electrical engineering consultancy; feasibility assessment, site investigation, and hydrological modeling; turnkey engineering, procurement, and construction (EPC) execution; long-term operations and maintenance (O&M) asset management; and electric vehicle charging infrastructure deployment. In recent developments, Vidullanka PLC has accelerated its strategic transition into a multi-technology renewable energy provider by expanding its solar power portfolio and regional presence. The company has commissioned several utility-scale ground-mounted and rooftop solar photovoltaic projects in Sri Lanka while pursuing new solar and battery energy storage system initiatives. Regionally, the company has enhanced its operational capacity in East Africa, optimizing power generation at its Bukinda and Muvumbe small hydropower facilities in Uganda and assessing further greenfield renewable assets in the Sub-Saharan African region. To finance its pipeline of utility-scale and commercial solar projects, Vidullanka has executed targeted capital-raising and green financing arrangements, alongside entering into joint venture partnerships to advance distributed energy solutions, energy storage integration, and electric mobility infrastructure.