- Last Update 2025-09-27 08:29:00
French Agency for Development (AFD) provides Euro 30 million for electricity improvement projects
The French Agency for Development (AFD) came forward to provide Euro 30 million for the Implementation of Green Power Development and Energy Efficiency Improvement Investment Program – Tranche 2, a statement from Department of External Resources said.
It is expected to implement the tranche 2 of the Green Power Development and Energy Efficiency Improvement Investment Program which will include three major components; i.e. (i) Transmission infrastructure enhancement; (ii) Efficiency improvement of medium voltage network and (iii) demand side management improvement for energy efficiency through development of a smart grid and metering pilot subproject. AFD has already provided financing of Euro 22 million for the implementation of Tranche 1 of the Programme.
Total cost of this project is estimated at US$ 260 million. Asian Development Bank has already provided USD 150 million loan to finance a part of the project. French Agency for Development (AFD) will provide Euro 30 million loan to finance a part of the total project cost and the balance will be borne by the Ceylon Electricity Board.
Dr. R H S Samaratunga, Secretary of the Ministry of Finance and Mass Media on behalf of the Government of Sri Lanka and Mr Martin Parent, Country Director of AFD Sri Lanka Resident Mission on behalf of AFD, signed a Credit Facility Agreement relevant to the above loan yesterday at the Ministry of Finance and Mass Media.
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- September 20, 2025 - 221 - 0
Heavy damages caused to shops in Pettah due to fire
Several shops were damaged in a major fire that broke out in a shop on the third floor of a building at First Cross Street in Pettah, Colombo, today evening.
- September 17, 2025 - 209 - 0
President says CEB employees would have to make a choice in next two months
President Anura Kumara Dissanayake today warned that Ceylon Electricity Board Employees would have to make a choice in the next two months.
- September 25, 2025 - 194 - 0
Nine Buddhist monks killed in accident at Na Uyana Monastery
The number of Buddhist monks who were killed following the accident at the Na Uyana Theravada Buddhist Monastery (Na Uyana Aranya Senansenaya) in Pansiyagama, Melsiripura, Kurunegala currently stands at nine , with four injured, Minister of Buddhasasana, Religious and Cultural Affairs Prof. Hiniduma Sunil Senevi told Parliament this morning. He revealed that two of the injured Buddhist monks are being treated at the Intensive Care Unit (ICU
- September 23, 2025 - 151 - 0
Opposition renews forensic audit demand after e-visa verdict
The opposition has renewed its demand for a long delayed forensic audit into the controversial e-visa deal, following the sentencing of former Controller General of Immigration, Harsha Ilukpitiya, for contempt of court.
- September 25, 2025 - 148 - 0
President calls for urgent attention on inequality and poverty
President Anura Kumara Dissanayake, addressing the 80th session of the United Nations General Assembly, said that both inequality and poverty ought to be regarded as a worldwide catastrophe that requires urgent attention.
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