Sri Lankan hydro power producer starts new plant

Apr 05, 2010 (LBO) - Sri Lankan private power producer Vidullanka PLC commissioned and connected its fourth power plant to the national grid on March 26, the company said in a stock exchange filing.

The plant is owned by Gurugoda Hydro, a joint venture between Vidullanka and Hiradamani Pvt Ltd.

It was built by Vidul Construction, a fully-owned subsidiary of Vidullanka PLC, which will also handle operations and management of the project, the statement said.
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Vidul Construction specialises in building mini-hydro power projects.

Vidullanka already owns two power plants of 2 and 3.

2 MegaWatts, supplying power to state-run Ceylon Electricity Board grid under 15-year power purchase agreements.

The company is also a working partner in another power plant and manages two other projects.