Quick Facts

Countries:
Where the impacts of the investment may be experienced.
  • Sri Lanka
Location: Mannar District
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Banks:
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
  • Asian Development Bank (ADB)
Status: Approved
Bank Risk Rating: A
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Board Decision Date: 2017-10-24
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower or Client: Ceylon Electricity Board
The holder of the loan, grant, or other investment.
Sectors:
The service or industry focus of the investment. A project can have several sectors.
  • Energy
Investment Type(s): Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD): $ 200.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD): $ 200.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.

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Primary Source

Original disclosure @ ADB website
Updated in EWS: 2017-10-31
Disclosure Date: 2016-09-08
Wind Power Generation Project
ADB-49345-002

Project Description
According to ADB documents, the ADB is working with Sri Lanka to develop energy resources and increase access to low cost energy for the entire population. The project is helping to increase supply by raising the share of renewable energy, particularly wind power. The Wind Power Generation Project will contribute to the government’s goal of expanding access to electricity and developing clean energy. This innovative, high technology project represents the development of the first 100 MW wind park in Sri Lanka. The project will have the following outcome: clean power generation increased.
Investment Description
Contact Information
Project Officer: Khamudkhanov, Mukhtor South Asia Department, ADB No contact information provided at the time of disclosure. ACCOUNTABILITY MECHANISM OF ADB The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main
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