Government of the Democratic Socialist Republic of Sri Lanka

Sri Lanka Rooftop Solar Project - India EXIM Direct Loan

Industry
Power/PV solar
Area of finance
Project & Infrastructure Finance
Country
Sri Lanka

Deal Overview

The Indian government will extend debt to Sri Lanka that will enable the country to install solar rooftop systems on government buildings. The loan will be provided through Export-Import Bank of India (EXIM Bank). Proceeds will be used for financing the construction of photovoltaic (PV) arrays on...

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The Indian government will extend debt to Sri Lanka that will enable the country to install solar rooftop systems on government buildings. The loan will be provided through Export-Import Bank of India (EXIM Bank). Proceeds will be used for financing the construction of photovoltaic (PV) arrays on government buildings, and part of the the money will be used to solarise select low-income households in the districts of Trincomalee, Moneragala, Anuradhapura and Hambantota.

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Deal Volume
$ 100m
Financial Close
22 June 2020

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Projects

Sri Lanka Rooftop Solar Project

Greenfield
PV solar
Sri Lanka
$ 100m