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Sri Lanka’s Vidullanka buys 30-pct of SAFE Power International for Rs225mn
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Sri Lanka’s Vidullanka buys 30-pct of SAFE Power International for Rs225mn
ECONOMYNEXT – Sri Lanka energy firm Vidullanka has acquired a 30 percent equity stake in SAFE Power International (Pvt) Ltd for 225 million rupees. The company entered into a share purchase agreement with Arinma Power (Pvt) Limited to acquire the stake on November 14. “SAFE Power International (Pvt) Ltd has secured all approvals and agreements required to develop a 10MW wind power project in Alankuda, Puttalam,” according to a stock exchange fil…
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