Vidullanka buys 30% stake in SAFE Power

Vidullanka PLC has signed a share purchase agreement with Arinma Power (Pvt.) Limited to acquire a 30 percent equity stake in SAFE Power International (Pvt.) Ltd for Rs.225 million. 

The deal was concluded on November 14, 2025, the company disclosed yesterday.

SAFE Power International has obtained all necessary approvals to develop a 10 MW wind power project in Alankuda, Puttalam. The investment aligns with Vidullanka’s ongoing strategy to expand its presence in renewable energy, though it does not confer control of SAFE Power to the company.