AIIB provides US$ 52mn to strengthen Sri Lanka's power transmission
Daily Mirror - Sri Lanka
|October 09, 2025
The Asian Infrastructure Investment Bank (AIIB) and the Government of Sri Lanka signed a loan agreement recently for the Kerawalapitiya-Port L Second Transmission Line Project, under which AIIB will provide US$ 52 million in sovereign-backed financing to help Sri Lanka unlock its renewable energy potential and advance sustainable development.
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The agreement was signed by Treasury Secretary Dr. Harshana Suriyapperuma and Director General, Public Sector Clients Department (Region 1) Rajat Misra in the presence of Eng. Kumara Jayakody, Minister of Energy and Dr. Anil Jayantha Fernando, Deputy Minister of Economic Development from Sri Lanka and AIIB President Jin Liqun, during a high-level visit to the country.
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