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Vidullanka and WindForce Awarded Contracts for $21bn Battery Storage Projects in Sri Lanka

ENERGY STORAGE

The Ceylon Electricity Board has awarded contracts to Vidullanka PLC and WindForce PLC to develop standalone battery energy storage systems (BESS) as part of Sri Lanka's first grid-scale initiative. Vidullanka will develop a 10MW/40MWh facility in Vavunathivu through a consortium with WindForce, while WindForce will manage 12 additional projects totaling 120MW/480MWh. All projects follow an 80:20 debt-to-equity financing model and aim to enhance national grid stability and renewable energy integration.

Vidullanka and WindForce Awarded Contracts for $21bn Battery Storage Projects in Sri Lanka
Feb 17, 2026, 8:51 AM

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