Vidullanka PLC announced that it entered into an agreement with a consortium of promotors lead by SELTech International (Pvt) Limited on 31 May 2024 to jointly develop the 4.9 MW Beliatha Solar Power plant in Hambanthota. The project is expected to incur a total cost of approx. LKR 1 billion.

Accordingly, Vidullanka PLC will own 50.1% of the project company, Beliatha Solar Project (Pvt) Ltd. The delay in notifying the above noted to the CSE was due to the delay in finalizing the documentation process.