ADB Helps Sri Lanka Improve Power Network

The Asian Development Bank is helping Sri Lanka improve its national power network with a USD120 million loan that will finance the construction of new transmission lines and strengthen power distribution systems in rural communities.

The loan will be used for Sri Lanka’s Sustainable Power Sector Support Project, which also seeks to connect 12,000 households in remote villages to the national power grid. ADB is also providing a technical assistance grant for the project.

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    Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.