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58299-001: Energy Activities Support Facility (SEFF)
Details
Project End Date:2029-11-30
Location:Sri Lanka
Category:Unspecified/Other
Status:Approval
Sectors:Energy, Macro-Economy & Public Finance
Languages:English
Contracting authority: Ministry of Finance of Sri Lanka
Description
Sri Lanka reached 100% household electrification in 2016. The peak demand of 2,415 megawatts (MW) recorded in 2023 is expected to reach 4,400 MW by 2030. The installed generation capacity in 2023, excluding rooftop solar, was 4,381 MW (48% fossil fuel bas
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tender Background
About the Funding Agency
ADB - Asian Development Bank - based in Manila, Philippines since 1960.
The Asian Development Bank aims for an Asia and Pacific free from poverty. ADB in partnership with member governments, independent specialists and other financial institutions is focused on delivering projects in developing member countries that create economic and development impact.
As a multilateral development finance institution, ADB provides:
- loans
- technical assistance
- grants
About the Sectors
Energy
Involves the production, transformation, transportation, and distribution of energy from renewable and non-renewable sources.
Key areas:
- Renewable and non-renewable energy production
- Energy infrastructure and distribution systems
- Power generation and energy supply solutions
Macro-Economy & Public Finance
Includes initiatives that support macroeconomic stability, sound fiscal policy, and effective management of public financial resources.
Key areas:
- Macroeconomic analysis and policy support
- Public finance management (PFM)
- Government budgeting, taxation, and debt management
- Economic growth and development strategies