Sri Lankan renewable energy group Vidullanka PLC has received a Letter of Acceptance for a US$1.35 million engineering, procurement and construction (EPC) contract to build a mini hydro plant in Fiji, the company told the Colombo Stock Exchange.
The contract was awarded by the Department of Energy under Fiji’s Ministry of Public Works, Meteorological Services and Transport, EconomyNext reported. Vidullanka will carry out turnkey works covering design, supply, installation, testing and commissioning of a 100-kilowatt facility at Buca Village.
The company described the award as its entry into the Pacific island region’s renewable energy sector, “building upon the Group’s established track record of international EPC execution in South America (Guyana) and East Africa”. It said the contract reinforces a strategy of diversifying revenue into foreign-currency-denominated EPC and specialised engineering work — a point of some weight for a company earning most of its income in rupees.
A ten-month award, and this desk has the missing milestone
Vidullanka submitted its original bid on 18 December 2025 and received the Letter of Acceptance dated 13 October 2026 — just under ten months.
The filing does not say what happened in between. Our own coverage does. By early April, Vidullanka had already emerged as the lowest-cost bidder for a mini hydro facility in Fiji, disclosed alongside its acquisition of Bhoruka Power Lanka. That places the lowest-bidder stage roughly four months after the bid and a further six months before the award was formalised.
Neither the company’s disclosure nor the EconomyNext report mentions the lowest-bidder stage, so the ten-month figure reads as a single procurement step when it was at least two.
Small plant, deliberate direction
At 100 kW, the Buca Village facility is modest — a fraction of the 4.5 MW Gurugoda plant at Aranayake that Vidullanka bought with Bhoruka Power Lanka, which took its portfolio to 26 power projects and its twelfth mini hydro asset.
The value is positional rather than operational. Vidullanka’s overseas EPC work to date has run through Guyana, where our earlier reporting records the counterparty as the Guyana Energy Agency, and East Africa. Fiji opens a third region.
It also lands while the group is expanding hard at home, having placed winning bids for 18.7 MW and 93 MWh of battery storage at operating solar plants in September, at an estimated Rs. 600 million of equity.
Vidullanka said it will now complete the procedural and administrative formalities required under the tender before executing a formal agreement, and will make further disclosures to the exchange once contracts are signed.
Not reported
The disclosure does not give a construction timetable, a commissioning date, or the expected margin on the contract. It does not say how the work will be financed, whether Sri Lankan staff will be deployed to Fiji, or how many other bidders competed.
It gives no figure for what the Guyana and East Africa contracts were worth, so the scale of this award relative to the group’s existing international book cannot be assessed from the filing. Nor does it say whether the Fiji energy department has further mini hydro tenders coming.
EconomyNext was the only verified newsroom to have filed on the award at the time of writing; the primary document is Vidullanka’s own announcement to the Colombo Stock Exchange.
