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ADB+loans+%24150mn+to+develop+green+power+and+energy+efficiency+in+Sri+Lanka
Monday, 24 November 2014 - 11:42
ADB loans $150mn to develop green power and energy efficiency in Sri Lanka
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The Asian Development Bank loans 150 million dollars as the first tranche for the project of implementation of Green Power Development and Energy Efficiency Improvement Investment in Sri Lanka.

The total investment cost of program is estimated about 440 million US dollars and ADB has agreed to provide 300 million US dollars of the total cost under Multi-tranche Financing Facility.

The program will focus on the green power development portion of the government’s energy sector investment program while encouraging and facilitating private sector investment in renewable power generation through improving transmission infrastructure.
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