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Vidullanka buys 30% in SAFE Power for Rs. 225 m
Daily FT
|November 18, 2025
VIDULLANKA PLC yesterday said that it has acquired a 30% equity stake in SAFE Power International Ltd., a company which secured the licenses to develop a 10MW wind power plant in Alankuda in Kalpitiya.
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The transaction concluded on 14 November, which saw Vidullanka investing Rs. 225 million to secure the stake from Arinma Power Ltd., the promoters of the proposed Alankuda wind power project. This acquisition marks Vidullanka's entry into wind power development in addition to a Vidullanka-led consortium emerging as the lowest cost bidder at the 2x50MW Mullikulam Wind Tender, concluded in October 2025.
Esta historia es de la edición November 18, 2025 de Daily FT.
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