ADB to provide USD 50 million for Surya Bala Sangramaya

ADB to provide USD 50 million for Surya Bala Sangramaya

12 September 2018 06:40 am

The cabinet approval was granted yesterday (11) to obtain a $ 50 million loan from the Asian Development Bank (ADB) for Surya Bala Sangramaya project.

The project aims at developing rooftop solar power systems.

Power and Renewable Energy Minister Ranjith Siyambalapitiya says that the above project will add 50 megawatts to the national electricity system.

The Minister further pointed out that this project will also boost house owners’ income.

The Ministry says that around 30,000 houses in the country will benefit from this project.