Project Data Sheet

Project Data Sheets (PDS) contain summary information on the project or program: Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

PDS Creation Date 31 Jul 2006
PDS Updated as of 16 Jun 2015

Project Name SRI: AES KELANITISSA POWER PROJECT
Country Sri Lanka
Project/Program Number 34912-014
Status Approved
Geographical Location
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.
Sector Not yet classified
Subsector For Classification
Strategic Agendas Inclusive economic growth (IEG)
Drivers of Change
Gender Equity and Mainstreaming Categories

Project Sponsors

AES Kelanitissa (Private )Limited
Hayleys Limited

Financing

Type/Modality of Assistance Approval Number Source of Funding Approved Amount (thousand)
PS7167/1815LIBOR Based LoanUS$ 26,000
PS7167/1815Political Risk Guarantee without Govt GuaranteeUS$ 52,000

Summary of Environmental and Social Aspects

The overall environmental impacts of construction and operation of the power plant will not be significant. The environmental impacts during construction will primarily be from noise and dust. The potential impacts during operation will be noise from generators and cooling towers, risk from oil spill and fire, and air pollution from flue gas emissions (specifically sulfur dioxide and nitrogen dioxide).

Environmental Aspects
Involuntary Resettlement
Indigenous Peoples

Stakeholder Communication, Participation and Consultation

A program of public consultation was designed early in the environmental impact assessment (EIA) process and a public consultation and disclosure plan was produced and agreed with Ceylon Electrification Authority (CEA). Consultations have been undertaken with stakeholders including government, nongovernment, and community-based organizations.

Description

SRI: AES KELANITISSA POWER PROJECT

Objectives and Scope

Project Rationale and Linkage to Country/Regional Strategy

ADB's country operational strategy in Sri Lanka is to support projects that will accelerate economic growth to reduce poverty and increase employment opportunities. The Project will promote ADB's economic growth objective by supporting policy and institutional reforms that encourage private sector development and improve public sector management in the sector, and thus augment Sri Lanka's infrastructure capacity. The development of a more affordable and widely available electricity supply is an important infrastructure service required to improve living standards and support balanced regional economic growth.

Outputs and Implementation Progress

Description of Project Outputs
Status of Implementation Progress (Outputs, Activities, and Issues)
Status of Development Objectives
The Project has stabilized Sri Lanka's power supply capability as demand for electricity has increased over the years.
Status of Operation / Construction
Material Changes

Business Opportunities

Date of First Listing
Consulting Services
Procurement and Consulting Notices
http://www.adb.org/projects/34912-014/business-opportunities

Timetable

Concept Clearance
Due Diligence Mission
Investment Committee Meeting
Approval 19 Dec 2000

Contacts and Update Details

Responsible ADB Officer Aniruddha V. Patil (apatil@adb.org)
Responsible ADB Department Private Sector Operations Department
Responsible ADB Divisions Infrastructure Finance Division 1

Links

Project Website http://www.adb.org/projects/34912-014/main
List of Project Documents http://www.adb.org/projects/34912-014/documents