Solar Rooftop Power Generation Project (ADB-50373-001)

Countries
  • Sri Lanka
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
U
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.
Voting Date
Dec 14, 2016
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.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.22 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Aug 7, 2017

Disclosed by Bank Dec 16, 2016


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Project Description
The Technical Assistance (TA) will require total of 15 person-months of consulting services to help with project preparation. Individual consultants will be recruited to: (a) conduct a study on technical and regulatory aspects, and economic and financial implications of the solar rooftop power generation initiative, including lessons learnt from other countries on implementing solar rooftop projects; and (b) support the executing agency and ADB in conducting due diligence on technical, regulatory, financial management, financial and economic analyses, and relevant safeguards (mainly environment since solar rooftop installations will not have any involuntary resettlement and indigenous peoples impacts), as well as assisting executing and implementing agencies of the ensuing project with contracting strategy.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
CONTACTS Responsible ADB Officer Khamudkhanov, Mukhtor Responsible ADB Department South Asia Department Responsible ADB Division Energy Division, SARD Executing Agencies Asian Development Bank 6 ADB Avenue, Mandaluyong City 1550, Philippines 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