Sri Lankan renewable energy firm Vidullanka PLC has announced its position as the lowest-cost bidder for an engineering, procurement, and construction (EPC) contract aimed at expanding and upgrading a 100-kilowatt mini hydropower facility located in Buca Village, Fiji. This announcement was made in a disclosure to the Colombo Stock Exchange, highlighting a significant milestone in the company’s pursuit of international renewable energy contracts.
The determination was made on December 19, 2025, marking a crucial step toward securing the overseas contract, although the formal award of the contract is still awaited. Vidullanka underscored the importance of this development, emphasizing its potential impact on future business ventures and the company’s long-term positioning within the renewable energy market.
“This determination represents a material development for the company, subject to the formal award of the contract,” Vidullanka stated in its disclosure. The firm has committed to providing updates as further developments occur, particularly once the contract is formally awarded, agreements are executed, or any other significant changes arise in the tender process.
However, Vidullanka cautioned that the potential award is contingent upon a series of evaluations, decisions from the evaluation committee, necessary regulatory approvals, and the successful negotiation of terms. If formally confirmed, the project would not only bolster Fiji’s renewable energy capacity but also enhance Vidullanka’s presence in the Pacific region, thereby contributing to wider efforts aimed at promoting clean and sustainable energy generation. This initiative aligns with increasing global commitments toward renewable energy sources, offering hope for a greener future in Fiji and beyond.
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