The Asian Infrastructure Investment Bank (AIIB) has signed a loan agreement with the Government of Sri Lanka to support the Kerawalapitiya–Port L Second Transmission Line Project, under which it will provide USD 52 million in sovereign-backed financing. The funding aims to enhance Sri Lanka’s power transmission capacity and unlock the country’s renewable energy potential, contributing to sustainable development.
AIIB provides USD 52 Mn to strengthen Sri Lanka’s power grid
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