NDB this week entered into a partnership with the Sri Lanka Sustainable Energy Authority (SEA) and the Government of Sri Lanka (GOSL) as a participating financial institute under a special initiative introduced by the Asian Development Bank (ADB) to assist the development of micro hydro power projects within the estate sector. Through the project, ADB [...]

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The Sundaytimes Sri Lanka

NDB partners SEA for the Estate Micro Hydro Rehabilitation and Repowering Project of ADB

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NDB this week entered into a partnership with the Sri Lanka Sustainable Energy Authority (SEA) and the Government of Sri Lanka (GOSL) as a participating financial institute under a special initiative introduced by the Asian Development Bank (ADB) to assist the development of micro hydro power projects within the estate sector.

Through the project, ADB will provide a credit line of US$1.29 million to facilitate the refurbishment and re-powering of micro-hydro power plants in tea/rubber estates to harness hydro power resources within identified estates.

In a media release, the bank said the project will deliver engineering assessment and environmental and social monitoring to develop 19 identified micro-hydro projects generating a resultant 1.3 MW of grid connected capacity on a net metering basis. These projects are located in Badulla, Kandy, Kegalle, Matale, Nuwara Eliya and Ratnapura districts.




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