ADB, Japan boost for rural electrification
The Asian Development Bank (ADB) and the Japanese Government will
provide assistance to Sri Lanka to improve the nation's power
transmission system and to expand rural electrification, and thus will
contribute towards the Government's goal of widening public access to
electricity services from 80 percent to 98 percent by 2016. The
sustainable power sector support Technical Assistance (TA) project is
funded by the Japanese Government through the Japan Special Fund (JSF)
that is administered by the ADB.
The JSF is extending a grant of $ 800,000 for the project while the
Government will provide $200,000 for Technical Assistance
implementation. "The technical assistance will utilize low-cost design
and comprehensive feasibility studies for strengthening transmission
system in the Southern, Eastern, and Northern parts.
It will also address rural electrification improvements including in
the Eastern province," said ADB's South Asia Department Senior Energy
Specialist Mukhtor Khamudkhanov.
"Power sector development will be critical to Sri Lanka's post war
development. We hope this project will lend strong support to the
Government of Sri Lanka in addressing a number of urgent priorities in
the power sector, particularly in driving crucial improvements in energy
efficiency, reliability and access to meet the country's rapidly growing
demands," said ADB's Sri Lanka Resident Mission Country Director Richard
Vokes.
"The ensuing project is expected to contribute to further economic
growth through sustainable power sector development, reduce poverty by
improving access to electricity in rural areas, and enhance energy
efficiency and renewable energy development, which will contribute to
environmental sustainability. These elements are consistent with Japan's
Official Development Assistance policy," said Japanese Embassy Second
Secretary Katsuho Hayashi. |