Secure, Affordable, and Sustainable Energy for Sri Lanka

Abstract*

The proposed Project is structured around two main components. Component 1 will focus on investments needs for system stability and grid integration of the RE sub-projects, in collaboration with the Asian Development Bank (ADB). Component 2 will help to strengthen CEB's institutional capacity and to advance reforms. Show More

Development Objective

Strengthen transmission infrastructure for a secure renewable energy integration and advanced power sector reforms

Key Details

Project Details

Project ID
P505052
Status
Pipeline
Team Leader
Amit Jain , Teuta Kacaniku
Borrower 2
Ministry of Finance, Planning and Economic Development

Country
Sri Lanka
Disclosure Date
November 12, 2024
Approval Date
(as of board presentation)
June 16, 2025
Effective Date
N/A

Total Project Cost 1
US$ 0.00 million
Implementing Agency
Ceylon Electricity Board
Region
South Asia
Fiscal Year 3
2025

Commitment Amount
US$ 60.00 million
Environmental Category
N/A
Environmental and Social Risk
Moderate
Closing Date
July 31, 2030

Consultant Services required
Yes
Last Stage Reached
BEGIN NEGOTIATION
Last Update Date
April 14, 2025

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

No data available.

Themes

Data Ecosystem

Geospatial DataNo value for percent

Disaster Risk Management

Disaster Preparedness and ResponseNo value for percent
Disaster Risk Management GovernanceNo value for percent
Disaster Risk ReductionNo value for percent

Economic Policy

Economic GrowthNo value for percent
- Economic DiversificationNo value for percent
- Green and Resilient GrowthNo value for percent

Environment, Infrastructure, and Natural Resource Management

Access to Climate FinanceNo value for percent
Climate Change Policies and InstitutionsNo value for percent
- Carbon MarketsNo value for percent
- Carbon Pricing PoliciesNo value for percent
Climate ChangeNo value for percent
E-MobilityNo value for percent
Ecosystem ManagementNo value for percent
- Landscape ManagementNo value for percent
- Nature-Based SolutionsNo value for percent
Energy and Mineral ResourcesNo value for percent
- Enabling Renewable EnergyNo value for percent
- Energy Access-ElectricityNo value for percent
- Energy Efficient SupplyNo value for percent
- Energy and Mining Policies & ReformNo value for percent
- Just Transition from CoalNo value for percent
Environmental HealthNo value for percent
Environmental Policies and InstitutionsNo value for percent
Nationally Determined Contributions (NDCs) and Long-Term Strategies (LTSs) for Low Emissions and ResNo value for percent
- Nationally Determined Contribution (NDC) ImplementationNo value for percent
Pollution ManagementNo value for percent
Resilient TransportNo value for percent

Finance

Develop Financial MarketsNo value for percent
- Climate Change and Sustainable FinanceNo value for percent
Strengthen Financial ResiliencyNo value for percent
- Climate and Disaster Risk FinanceNo value for percent

Gender

Human Capital to Advance Gender EqualityNo value for percent

Governance and Public Sector Management

GovTechNo value for percent
Public Finance ManagementNo value for percent
Public InstitutionsNo value for percent

Human Development

Social ProtectionNo value for percent

Jobs

Green JobsNo value for percent
Job creationNo value for percent

Private Sector Development

Business Enabling EnvironmentNo value for percent
Enterprise and Sector DevelopmentNo value for percent

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Shorter Maturity Loan (SML)	30.00
Asian Development Bank	30.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	30.00
IBRD + IDA Commitment	30.00

Lending Instrument
Grant Amount	30.00
Total Project Cost**	N/A

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

No data available.

Detailed Financial Activity as of April 30, 2025

No data available.

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.

Secure, Affordable, and Sustainable Energy for Sri Lanka

Abstract*

Development Objective

Key Details

Project Details

Sectors

Themes

Stay Connected, sign up for our:

Project Map

Finances

Financing Plan (US$ Millions)

Total Project Financing (US$ Millions)

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

Detailed Financial Activity as of April 30, 2025

Ratings

IMPLEMENTATION RATINGS

COMPLETION RATINGS

INDEPENDENT EVALUATION RATINGS

Results Framework