Cabinet approves utilising $ 100 m from India for solar power

Friday, 12 June 2020 00:08 -     - {{hitsCtrl.values.hits}}

Cabinet has given a thumbs up to utilise a $ 100 million loan from India to set up solar power systems in Government buildings and low income families in four districts.

The Government of India has agreed to provide $ 100 million loan through the Indian Exim Bank to add renewable energy to the country’s energy sector in accordance with the ‘Vistas of Prosperity and Splendor’ manifesto of President Gotabaya Rajapaksa.

Cabinet approval was given to implement the project with priority to install solar power systems on the roofs of Government buildings and to provide solar power systems to selected low income households in the Trincomalee, Moneragala, Anuradhapura and Hambantota Districts.