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Seylan Bank finances phase II of 10 MW solar power project by Windforce and Vidullanka
Daily Mirror - Sri Lanka
|September 23, 2025
Seylan Bank PLC recently announced its role as the sole financing partner for the 10 MW ground-mounted solar power plant in Navatkadu, Batticaloa, promoted by Sooryashakthi (Pvt) Ltd, a company jointly owned by Windforce PLC and Vidullanka PLC, two of Sri Lanka’s most prominent renewable energy players.
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Following the successful commissioning of the 10MW Phase I by Solar Universe (Pvt) Ltd, this new development marks the launch of Phase II, another 10MW solar power project undertaken by Sooryashakthi (Pvt) Ltd, further contributing to the country’s renewable energy expansion initiative.
Seylan Bank renewed its position as the exclusive financier of Phase II, providing a tailor-made project financing facility package of Rs. 3.5 billion under an Islamic banking structure to cover both Phases of the project.
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