## š Vidullanka & David Pieris Secure 50MW Wind Project
A consortium between Vidullanka PLC and the David Pieris Group has officially received the Letter of Award from the Ceylon Electricity Board (CEB) for the development of Lot 2 of the Mullikulam Wind Power Project. ā¢ Project Scope: The development involves a wind power plant with a total capacity of 50 MW. ā¢ Operational Terms: The plant will operate on a Build, Own, and Operate (BOO) basis for a period of 20 years. ā¢ Execution: A dedicated entity, Mullikulam Wind Power Ltd, has been incorporated for implementation, with ownership split 50:50 between the two partners. ā¢ Timeline: The formal award was issued on 14 January 2026, following the initial disclosure in October 2025. ā¢ Market Impact: This highlights continued momentum in the renewable energy sector. On the day of the announcement, Vidullanka voting shares held steady at Rs. 23.00, while non-voting shares rose slightly to Rs. 19.50.