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ADB approves loan to support power sector in Sri Lanka

juli 11, 2024by Reacties uitgeschakeld voor ADB approves loan to support power sector in Sri Lanka

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MANILA, July 11 (Xinhua) — The Asian Development Bank (ADB) on Thursday approved a 100 million U.S. dollars policy-based loan to enhance the financial sustainability of the power sector in Sri Lanka.

The program will help create an environment conducive to private investments, boost renewable energy development, and modernize power grids. It will also help the Sri Lankan government undertake institutional refor

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