47037-003: Green Power Development and Energy Efficiency Improvement Investment Program

Project Data Sheet (PDS): Overview


Description

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 1... Read More

Country Sri Lanka
Project Number 47037-003
Project 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
Strategic Agendas Environmentally sustainable growth (ESG)
Inclusive economic growth (IEG)
Drivers of Change Governance and capacity development (GCD)
Knowledge solutions (KNS)
Partnerships (PAR)

Related Projects

 

 

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.

Responsible ADB Officer
Mukhtor Khamudkhanov
Request for information

Responsible ADB Department
South Asia Department

Responsible ADB Divisions
Energy Division, SARD

Last PDS Update
25 Jul 2014

SEARCH/BROWSE PROJECTS