May 31, 2019 (LBO) – Vidullanka in its latest announcement to the CSE, disclosed the commissioning of the development of the 3.3MW Dehiattakandiya Dendro power plant to the national grid through its joint venture company, Vidul Biomass (Pvt) Ltd.
The project is a 1.45 billion rupees investment jointly undertaken by Vidullanka and OC Energy Lanka (Pvt) Ltd, a fully owned subsidiary of the Japanese construction giant, the Obayashi Corporation.
The investment in Vidul Biomass (Pvt) Limited is the first of its kind for the Japanese conglomerate in Sri Lanka.
With the newest addition of 3.3MW plant, the gross installed capacity operated by Vidullanka would increase up to 29MW and the power plant is expected to supply 22.0GWh of annual energy to the national grid.
The Vidul Biomass CEO, Chamil Silva , who is also the President of Bio energy Association Sri Lanka added that the only sustainably grown Gliricidia will be used in generating electricity by Vidul Biomass, which is sourced mainly via its sister company, Vidul Plantation (Pvt) Ltd.
The company said apart from supplying environmentally friendly electricity, the project has also uplifted the livelihood of the community by means of providing employment opportunities, increasing incomes of the farming populations through Gliricidia growing programs with the expected total direct and indirect employment generation exceeding 600.
The Dehiattakandiya Dendro power plant is the very first power plant developed by Vidullanka other than using hydro sources, after having developed more than ten hydro power plants in Sri Lanka as well as in Uganda.
Inclusion of the biomass power plant to the exiting project portfolio will enable the Vidullanka to mitigate the effect of weather would have on the overall performance of the Group.
In addition to the Dendro power plant commissioned, Vidullanka is on track to commence the construction of Bukinda SHPP with an installed capacity of 6.5MW in Uganda and number of solar rooftop projects during the latter part of the year.