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

Country Sri Lanka
Project Number 47037-003
Type or Modality of Assistance Loan
Financing Public sector (Sovereign)
Status Approved
Approval Numbers Loan No. 0084
Approval Date 15 Jul 2014
ADB Financing ($ thousand) 300,000
Sector Energy
Subsector Energy efficiency and conservation
Large hydropower generation
Strategic Agendas Environmentally sustainable growth (ESG)
Inclusive economic growth (IEG)
Drivers of Change Governance and capacity development (GCD)
Knowledge solutions (KNS)
Partnerships (PAR)
Gender Equity and Mainstreaming Categories Category 4: No gender elements (NGE)

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