Project Name SRI: AES KELANITISSA POWER PROJECT
Project Number 34912-014
Borrower/Company AES KELANITISSA (PRIVATE) LIMITED
Country Sri Lanka
Location
Approval Number 7167
Type or Modality of Assistance
7167 Political Risk Guarantee without Govt Guarantee US$ 52.00 million Approved
Strategic Agendas Inclusive economic growth
Drivers of Change
Sector / Subsector For classification - For classification
Gender Equity and Mainstreaming
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Infrastructure Finance Division 1
Responsible ADB Officer Aniruddha V. Patil
Project Sponsor(s) Hayleys Limited
AES Kelanitissa (Private )Limited
Description SRI: AES KELANITISSA POWER PROJECT
Objectives and Scope
Linkage to Country/Regional Strategy ADB's country operational strategy in Sri Lanka is to support projects that will accelerate economic growth to reduce poverty and increase employment opportunities. The Project will promote ADB's economic growth objective by supporting policy and institutional reforms that encourage private sector development and improve public sector management in the sector, and thus augment Sri Lanka's infrastructure capacity. The development of a more affordable and widely available electricity supply is an important infrastructure service required to improve living standards and support balanced regional economic growth.
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
Timetable for assistance design, processing and implementation
Concept Clearance 15 Nov 2000
Due Diligence 02 Nov 2000
Credit Committee Meeting -
Approval 19 Dec 2000
PDS Creation Date 31 Jul 2006
Last PDS Update 31 Aug 2006

This project data sheet was generated from http://www.adb.org/projects/34912-014/main on 31 August 2015