47037-004: Green Power Development and Energy Efficiency Improvement Investment Program - Tranche 1
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% in ... Read More
|Type or Modality of Assistance||
|Financing||Public sector (Sovereign)|
Loan No. 3146
Loan No. 3147
Loan No. -
|Approval Date||29 Jul 2014|
|ADB Financing ($ thousand)||150,000|
Electricity transmission and distribution
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)|
Indigenous People: C
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.