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Loan Negotiation with ADB

The following few major projects can be identified among several projects in relation to which the loan negotiations have already been concluded/ to be during 2017.

Loan negations concluded in August 2017 for RSPGP
Name of the Project Rooftop Solar Power Generation Project
Amount USD 50 Mn
Objectives to support government’s “Battle for Solar Power Programme” to achieve the target of 200 MW by 2020 and 1000 MW by 2025 through solar power generation.
Executing agency Ministry of Finance and Mass Media
Implementing agency  Department of Development Finance

Name of the Project Wind Power Generation Project
Amount USD 200 Mn
Objectives To enhance clean power generation and reliable power supplyby construction of 100 MW wind farm in Mannar Island of the Northern Province.
Executing agency Ministry of Power & Renewable Energy
Implementing agency Ceylon Electricity Board


Loan negations to be concluded in September 2017 for JKWSP

Name of the Project Jaffna Kilinochchi Water Supply Project - Additional Financial
Amount USD 120 Mn
Objectives Improved health and human development in urban areas of Jaffna Peninsula, Improved water supply and sanitation infrastructure for residents and returning internally displaced persons in target urban areas.
Executing agency Ministry of City Planning and Water Supply
Implementing agency National Water Supply Drainage Board


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