Indian companies have bagged multiple renewable energy projects in economically battered Sri Lanka. The Indian government has offered a credit line to Sri Lanka to help the island country navigate through the economic peril it faces. Indian power generators are looking to expand their footprint in Sri Lanka, either through … [continued]
Sri Lanka has given indications it intends to significantly increase the share of renewable energy in its electricity generation by the end of the next decade. Secretary to the Ministry of National Policies and Economic Affairs recently told media outlets that his government is considering increasing the share of renewable energy in … [continued]
Sri Lanka is looking to increase the installed renewable energy capacity by over four times over the next two decades, as the country’s power regulator draws up a new long-term policy. The Ceylon Electricity Board (CEB) recently proposed the Long-term Generation Expansion Plan 2015-2034 (PDF). Sri Lanka’s installed power generation capacity … [continued]
The Asian Development Bank will soon provide debt finance for Sri Lanka’s wind energy program. The Asian Development Bank (ADB) has allocated $200 million to support the wind energy sector in Sri Lanka. The Bank would provide financial support by buying debt instruments issued in the national and international market. … [continued]
