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Home » Finance » ADB Approves $200 Million Loan to Upgrade Sri Lanka’s Power Sector and Enhance Renewable Energy Integration
Finance

ADB Approves $200 Million Loan to Upgrade Sri Lanka’s Power Sector and Enhance Renewable Energy Integration

By James RichardNovember 25, 20243 Mins Read
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The Asian Development Bank (ADB) has approved a $200 million loan to modernize Sri Lanka's power infrastructure, enhancing the reliability of its transmission and distribution systems while promoting the integration of renewable energy sources into the national grid. "Implementing power sector reforms and infrastructure upgrades is essential for fostering competitive renewable energy growth and reducing

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Asia Asian Development Bank Battery Electricity Infrastructure National Grid Renewable energy Solar Sri Lanka
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