ADB, Sri Lanka target power supply upgrades to aid post-conflict regions
View(s):The Asian Development Bank (ADB) is lending $130 million to help Sri Lanka expand the reach and quality of its electricity supply, with a focus on former conflict areas in the north and east of the country.
The Bank said in a statement that this will also improve transmission and distribution network efficiency and develop renewable energy in other parts of the country.
“Long-term, Sri Lanka’s challenge is to cut dependence on costly and polluting fossil fuels, and to make its power network more efficient,” said Yongping Zhai, Director of the Energy Division of ADB’s South Asia Department. “This project will support those goals, aid poverty reduction, and provide new economic opportunities in post-conflict areas.”
The work will include new transmission and distribution lines, the construction and improvement of substations, and other network upgrades to reduce system losses. A solar power generation trial will install rooftop panels in a number of locations including the capital, Colombo, and the Jaffna Peninsula in the far north, with total generating capacity of 1 megawatt by 2014. The solar initiative will be developed as a public-private partnership with a $1.5 million credit line for private developers, as well as a $1.5 million grant from the multi-donor Clean Energy Fund under the Clean Energy Financing Partnership Facility, administered by ADB.
The project will support the Government of Sri Lanka’s target of increasing national electrification from 91% in 2011 to 100% by 2015. It will also help increase the share of renewable energy in the national grid from 4.1% in 2007 to about 20% by 2020 and reduce network system losses from more than 14% in 2009 to 12% by 2020.
The project will run for four years, with an expected completion date of December 2016.
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