47037-003: Green Power Development and Energy Efficiency Improvement Investment Program
Project Data Sheet (PDS): Overview
In recent years, Sri Lanka has improved its energy sector and achieved a national electrification ratio of 94% (2012) as compared with 29% in 1990. However, a longer-term challenge is to reduce its high dependence on expensive fossil fuel energy. The energy sector struggles to (a) meet growing demand for electricity at a low cost and acceptable reliability rates, and (b) attain long term sustainability. The share of thermal oil-fired energy in the power generation mix has increased from 6% ... Read More
|Type or Modality of Assistance||
|Financing||Public sector (Sovereign)|
Loan No. 0084
|Approval Date||15 Jul 2014|
|ADB Financing ($ thousand)||300,000|
Energy efficiency and conservation
Large hydropower generation
Environmentally sustainable growth (ESG)
Inclusive economic growth (IEG)
|Drivers of Change||
Governance and capacity development (GCD)
Knowledge solutions (KNS)
|Gender Equity and Mainstreaming Categories||Category 4: No gender elements (NGE)|
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